www.Pennystockchaser.com
Posted By admin on August 24, 2010
I had a feeling the owners of www.pennystockchaser.com may have been scalping these stocks. I would watch the stocks they were predicting to rise. Us gullible people would go and buy. In the mean time we are buying the stocks they are selling. They would buy them low and put a post/e-mail out saying these certain stocks are going to jump up to %200, %400 Etc. Well the stocks would rise some because many people would go out and buy them which PSC were then selling. Then the prices would slowly drop back down below the starting price. I’m the proud owner of 8600 shares of Alto and 1250 of mevt where I’ve taken a pretty good hit . There’s a current Law Suit against Penny stock Chaser. http://www.scribd.com/doc/33719372/S-E-C-Lawsuit-Against-Penny-Stock-Chaser.
I do however believe MEVT is a great investment stock. They will revolutionize fire inhibitor products.
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