GWSO : Pump & Dump
@redyellowblackdog (10629)
United States
October 2, 2007 1:33pm CST
Everybody has heard about it (Pump & Dump). Here's another example. Global Warming Solutions has lost over 1/2 its value in the last few days.
Click and enlarge the attached image to see the chart.
GWSO is an interesting example of this pump and dump practice because of the tie in to global warming. To quote from a recent glossy high class brochure I received unsolicited just before the price crashed, "A company that is entirely focused on delievering solutions that will fight global warming."
This is just one more example of the fraud associated with the whole "man made global warming" phenomona.
Hopefully the crash in the price of this stock 100% associated with the man made global warming fraud is an indicator that the public is catching on to the BS that is man made global warming.
What do you think? Is this just one more example of the global warming hype chickens coming home to roost?
Do you have another example of stock hype "pump & dump"?
Do you have another example of global warming being used to extract money from the public?
1 person likes this
1 response
@Destiny007 (5805)
• United States
2 Oct 07
I don't know much about the stock market and such tings, but I can read a graph.
If I remember correctly, those 2 lines going straight down for most of the graph are not a real good sign for the company involved?
One thing I am curious about is the gradual gain that is showing at the right side there... hopefully a bunch of people did not take advantage and bought low?
Although I know that Global Warming by man is a fraud, unfortunately our leaders do not.
I do think more people are realizing the hype and lies for what they are, but it may be too little too late, especially if a lot of new laws and taxes get passed based on these lies.
I don't have any examples, but like I said I am not familiar with the markets.
Sorry to see the shape of your star... I guess people don't like the truth.
1 person likes this
@redyellowblackdog (10629)
• United States
2 Oct 07
I would not touch this stock with a 10 foot pole. I heard about it from an unsolicited glossy advertizement received via snail mail. Only hustlers stoop to do this. Bonafide companies that are good investments do not hype their stocks directly thru the mail to retail purchasers. This is an unbelievably low rent outfit without any class.
1 person likes this
@redyellowblackdog (10629)
• United States
2 Oct 07
Indeed, most people use an online broker. We who do this are considered the "retail" customers. Even when we use "discount brokers", it really is full price. The "wholesale" customers invest huge sums of money and get special discounts.
1 person likes this