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Message Boards Settings SMTC Corporation (USA) (SMTX) - Quote Info
Re: Pump and dump      4-Nov-09 09:31 pm    
I agree that the earnings report will be a great gauge on how they are weathering the storm. Your term about me being part of the "pump and dump police" is probably accurate. I have been following pumpers like this group for more than two years because I think that their tatics are a misleading, dishonest ways to take money from less sophisticated investors. As far as my being a basher of this specific stock goes, I do not think that is accurate. The only thing that I have said about the company is the obvious and that is that they are losing money. Part of the pump and dump techinque is to leave out facts like this when they make statments that this will be a "easy double" or "$20 in two years". I have not studied this company enough to have an opinion on its prospects other than to say that is is never as simple as the pumps would like people to believe and that their presence usually indicates that the stock price is inflated; at least in the short term.
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kaftangreg

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  Subject Author Rating Time of Post (ET)  
 
Looks like we may have had a pump and dump today in the...
thilel Rate it 3-Nov-09 01:11 pm  
 
Pump and dump is what the people I referenced the ...
kaftangreg Rate it 3-Nov-09 11:03 pm  
 
With all due respect to our resident basher, ...
corpen9 Rate it 4-Nov-09 08:50 am  
 
Re: Pump and dump
kaftangreg Not rated 4-Nov-09 09:31 pm  
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SMTC Corp. (SMTX)

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On Dec 31: 0.88 Down 0.00 (0.11%)
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