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Over the years I’ve exposed nearly a dozen celebrities who have pumped up penny stocks.
Some have done it to enrich themselves such as:
…and less exciting celebrity penny stock pumpers like Michael Vick HERE
And of course there’s unwitting penny stock pumpers like rapper 50 Cent whose too stoopid to know you can’t tweet about a stock, tell everyone to buy it, and then forget to disclaim you own a big piece of it (I don’t think charges were ever brought against him because everyone just felt bad at how dumb this guy is)
The latest celebrity penny stock pumper is politician/$200 million investor Al Gore who unwittingly helped pump NEST, a bankrupt penny stock trading at roughly 1/10th of a penny/share into a stock trading at 15 cents/share…yes, the stock rose over 100x within hours of this Yahoo! Finance interview where he talks about his investment in this company called Nest
Pretty funny how stoopid penny stock people who have the educational background of rapper 50 Cent thought Gore was talking about this piece of shit penny stock and they bought the stock…
In that intraday chart, you can see how the stock spiked right when Gore’s interview was being publicized on Yahoo! Finance, the US stock market’s most popular financial website…welcome to the world of degenerate gamblers…some of the poorest and truly dumbest people you’ll ever hope to never meet bought the stock and just held on…destined to be crushed within days of their ignorant assumptions.
That’s my world and the people who buy and hold stocks like these are my competition…it’s like battling midgets in basketball, in this case, mental midgets
Because where others see ugly stock manipulation, I see opportunity.
As I explain in this free video lesson below, I bet against NEST, the penny stock, because I knew it was up for no reason and locked in nearly 50% in gains in one day as the stock inevitably came down…I didn’t even have to cover, if I waited a few more days I’d probly make 70-90%, but by making nearly $600 on just a $1,300 investment, I exemplify the point that ANYONE with a few thousand bucks to their name can make predictable profits in the stock market, specifically the penny stock market.
Here’s my trade and understand that several of my students also shorted and banked on this (I think they’re still short so they’ll post their profits onin time)
Entry comments: Shorted this @
Exit comments:Easiest $500 I’ve ever made shorting a stock up due to misinformation…ALL of you should’ve taken this trade, the fact that you didnt means I have to teach moresince it’s up 1,000% for the wrong reason and will soon collapse — on Friday, Al Gore went on Yahoo Finance and talked about next generation thermostat company Nest, this was just a ticker mistake, the real Nest is bigtime and private…but penny stock people are truly morons, I’ll cover my puny position for 50-90% gains this week. Why do this trade? My answer: if you find $20 on the sidewalk do you leave it? Also good education for you!
…if you didn’t do this trade, you really have to ask yourself why not…if you found $500 lying on the sidewalk with nobody around, wouldn’t you grab it?
Al Gore didn’t mean to pump this penny stock, but he did and he did it well…take that easy money when you can and even if you’re not a short seller, you coulda woulda shoulda made 10-50x your money BUYING NEST if you recognized what was going on early enough.