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Greed started penny stock frauds from occurring.
In any business that involves money, there exists people that are greedy and really do not care about the person that they are doing business with. Some say the word "care" does not exist in the world of business. "its not personal, it's just business" is a common phrase used.
Fraud in the penny stock market, as is the case in any Stock Market, there exists individuals that trade illegally in the inside. This is when someone in the inside of the company buys a large amount of shares of its company stock at a low price and sends out news to the public that the company is doing great and they are working on a new product or expanding (positive news) as soon as the investors come pouring in on this great news, they sell off their shares in order to make a profit.
When the news given to the public is false with the intent to defraud the investor into thinking that they are buying a sound investment, this is where fraud results.
You should never deal with any company or listen to any advise with regard to buying a stock with out doing your due diligence on the company before investing.
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∙ 11y ago
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The London Stock Exchange started in one of these and they were once known as penny universities What were they?
Coffeehouses
Are there online penny stock alert websites?
Hot Penny Stocks is the main website that people use to deal with and manage their penny stocks. It is an easy way to get yourself started in online stock investing. They do have mobile or text alerts.
What do you need to start penny stock trading?
To get started you will need money to invest first. The second thing you need to do is research a reliable penny trader site.
How does one commit stock fraud?
Stock fraud, also known as securities fraud and investment fraud, is the illegal act of making investors make a decision on the basis of fraudulent information.
Are penny stocks a good investment?
From what I understand penny stocks seem to be subject a lot of different types of fraud such as Artificial inflation, sometimes are also sold illegally overseas. I would get some advice from a stock broker before you invest.
Good penny stock newsletters and picks?
newsletters are good but you gotta play them right. penny stocks are very risky. try StockWiky.com its a penny stock alert and penny stock newsletter.
Do penny stock picks really exist?
"Yes. Penny stock picks really do exist. If you check out the stock market, you will find that the penny stock picks are really there. You should really try and keep up with the stock market."
Why do companies do stock control?
In order to check for loss and fraud of stock
What can one get from Penny Stock's forum?
On Penny Stocks's forum one can learn how to purchase a penny stock. One can learn about penny stocks and other information such as how to invest on the forum.
What is the best penny stock that one can buy as that has really good and fast profits?
There are lots of penny stock site that provide penny stock. In my opinion, you need to know some basic knowledge about Investing in Stock Market before you trying to accept those penny stock picks www.stockpreacher.com read everything Stock Market Education. You will know alot. Mainwhile, you can sign up from their newsletter. They will provide their premium penny stock secrets plus their penny stock alert. Just to remind you that they dun provide alot of penny stock. It is because they only picks "potential" small cap stock to provide to people. but overall to answer the question, there is no "best" penny stock because if it was about to rise really fast it would also have to sink very low very quickly hoped that helped
What are the riskiest penny stock picks to invest in?
Yes people have made great money in the penny stocks. Some has even become penny stock millionaires.
What are penny stocks and are they actually only a penny?
A penny stock is one that is relatively cheap and does not actually mean that the stock is one cent. The penny stocks are usually high risk but high reward.
