Emails are flying around this morning about a penny stock, QSMG. Check these. The ONLY thing that will happen is that the stock will go up a few and the scammers will dump their shares big time, and investors lose. It was selling at $.05 until the emails flew today and it went to $08. AT 9"47, 11:00 and 11:49 EDT big positions were sold driving the price down. Slowly email readers drove it up to $.08 again. In April, the same bunch of crooks drove it to $2 in a day with this scam, sold all, and it sunk back to .$05.
DO NOT FALL FOR THIS
1. IT'S ILLEGAL
2. IT'S a scam
3, It's illegal
Check the "hot tip emails out today on this:
Andrew Drake. Drakelvb@submittedmusic.com AND
Christie Hines. Hineseyhcu@klinikimitera.gr
"Did you know that markets are at an all time high
Even non traditional places to stash some savings like bitcoin are out of control at an all time high.
Given that, it's so hard to make any serious scratch these days. Most things are overinflated and offer very little upside.
That's why I was super relieved when I stumbled upon a small medical company that's so undervalued I couldn't believe my eyes.
They just announced the results of trials which were extremely positive and I believe that the share value is poised to quadruple by this Friday.
At this time it's trading at an all time low of just five cents... It literally has no where to go but up.
I am going to grab a nice position this morning, and in your place, I'd seriously consider getting in today before the masses find out what's happening and the price shoots up.
The ticker is. q s m g
Check it out now, you'll be glad you got in at under ten cents. You should also tell all your friends about this. I am expecting it to double today."
I won't waste your time with nonsense. I'll get right to it...
One of my best friends who happens to be employed at the largest firm in new york told me that I should really consider buying a specific stock today.
Without going into specifics he told me that it's going to at least quadruple in price this week.
It's a small company that's basically trading at rock bottom prices, and after digging a bit more into it I think that they are about to make a really massive announcement any day now.
If you can get in at between 7 and 10 cents in the next few minutes I really recommend you jump on it quickly. It's trading under the symbol q,s,m,g (just the letters without the commas). Type this in your account to buy it.Don't waste any more time because before the day is over I think it will be much, much higher so now is your chance.
I hesitated to post this because I feared some investor will think "Wow, I should do this". PLEASE, PLEASE BE SMARTER THAT THAT. DO NOT LET THE CROOKS GET AWAY WITH THIS.
We have already reported this to the SEC . Of course they were reported in April too, and you see how much good that did
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Additional disclosure: This is an illegal scam. Do not let them get away with this.