What's going on with these pump and dumps (re Newsmax)

[Sean Miller Fan]

We've seen this from some of those meme coins (Trump coin, Hawk Tuah Coin) and Gamestop. The Newsmax one is different in that it's an IPO. It went public 2 weeks ago and shot up to $233 in 1 day then dropped to 52.12 the next day and is now 22.61. How do these people get away with this? How do commoners continue to fall for these schemes? Man, its good to be one of the issuers of these. Pump up the volume on Day 1 and then sell at the high. Maybe I'll do an SMF Coin.

 

[BPKY]

We've seen this from some of those meme coins (Trump coin, Hawk Tuah Coin) and Gamestop. The Newsmax one is different in that it's an IPO. It went public 2 weeks ago and shot up to $233 in 1 day then dropped to 52.12 the next day and is now 22.61. How do these people get away with this? How do commoners continue to fall for these schemes? Man, its good to be one of the issuers of these. Pump up the volume on Day 1 and then sell at the high. Maybe I'll do an SMF Coin.

There's not enough wood in the Appalachian Forest to fabricate that many wooden nickels.

 

[Dointhatrag]

you're selling a shmuck a get rich quick dream. Think of penny stocks on the pink sheets in Wolf of Wallstreet