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Pump and Dump Schemes

Discussion in 'BlackHat Lounge' started by skagenweb, Oct 26, 2009.

  1. skagenweb

    skagenweb BANNED BANNED

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    Any one had any experience with this?

    It seems like it could be very profitable, and pretty easy, and ofcourse illegal but how can they even catch anyone doing this?
     
  2. skagenweb

    skagenweb BANNED BANNED

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    Yeah, but is there any way they could PROVE someone was involved? Using proxies, different IPs, erasing data from computers (or even using public computers to post rumors), distributing pamphlets in the mail. noone could link it to you.
     
  3. foxywear

    foxywear Newbie

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    my friend did something similar a few years ago, made a quick buck, but hard to maintain
     
  4. JesusChristSr

    JesusChristSr Regular Member

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    HA! Its called the S.E.C my friend. And trust me when they drop the hammer it hurts.
     
  5. redtide1969

    redtide1969 BANNED BANNED Jr. VIP Premium Member

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    True true...definitely not something I'd want to be involved in.
     
  6. cucr3

    cucr3 Regular Member

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    I had one this weekend. I'd say she was about a 7...
     
  7. Sanitarium

    Sanitarium Regular Member

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    I guess making love to your eyes since you're read
    Location:
    In your mind.
    Eh, sounds like something i want to do after watching the right porn.
     
  8. boo blizzi

    boo blizzi Regular Member

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    dog...in my youth i would be open to schemes such as this in a heartbeat...but as of lately i've been watching the news and seeing the type of time they give people that scam the masses and oh boy is it heavy...they giving u murder time for financial crimes...shit is bananas...run far away from this shit unless u wanna ball for a couple months/years then forfeit the rest of ur life!!
     
  9. DrJekyll

    DrJekyll Senior Member Premium Member

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    you would need a huge email list to send to
     
  10. moneymanzzz

    moneymanzzz BANNED BANNED

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    dont do this.. very bad.
     
  11. Dragn

    Dragn Regular Member

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    If they were to create a website of there own, brand new, and advertise it to get the attention of people that do not currently play with stock, they could easily use there lack of knowledge against them. it'd take a more personal touch i think, kinda like ewhoring i guess
     
  12. Dragn

    Dragn Regular Member

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    what about playing "penny stocks" and instead of doing it with one small company, you bubble out multiple at once.

    The goal isnt to walk out with a fortune then, its to make a few hundred/thousand really fast.

    You want to pop in and out anyways, not continue since they will instantly ramify your decisions, dissapear for a bit, pop back up under a different name when your in need of more money, rinse and repeat

    youd want to mass market your plans really hard though, if someone is good with email lists it might work?
     
  13. gh0st

    gh0st BANNED BANNED Premium Member

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    yall are right, it does not work. nothing to see here...move along
     
  14. MoreMoneyMoreProblem

    MoreMoneyMoreProblem BANNED BANNED

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    For some reason I was thinking about a penis pump and doing it in public. I guess I was way off.
     
  15. BlackSeng

    BlackSeng Jr. VIP Jr. VIP

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  16. alexaassassin

    alexaassassin Registered Member

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    LOL
    Lets do it.
    We'll all buy $25 worth of some penny stock and then have $100 at the end of the week.
    We'll reinvest $75 in a more expensive stock and come out with enough to buy
    a really good one and just hang onto it for a year.

    C'mon ...lets all do it.
    We've got the membership and we'll just say we were following advise from the BHW Newsletter who advised it was a good stock...and it was correct.
     
  17. croixstar

    croixstar Newbie

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    Almost every IM launch is built from this model.
     
  18. dating101

    dating101 Regular Member

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    Getting involved in a pump and dump will not really get you any money. More than likely, you will lose money.

    BUT...... there is a way to make money in pump and dump schemes without putting yourself at risk with the SEC.

    I am presently writing a book on this very thing.
     
  19. Robbygoalgoal

    Robbygoalgoal Newbie

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    Is this even legal? Surely, you need to be careful when you get yourself involved with this. When you get sacked, it could really be painful.
     
  20. Spud Jr

    Spud Jr BANNED BANNED Premium Member

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    A few years ago, I was on a site where if you were there early enough you would get in on some of the pumps. I made some saucy money back then. Like in the upper 20-40k range. I stopped doing it because there was some serious trouble brewing plus more and more people were playing harder ball.

    I wouldn't risk it now with everyone looking at everyone else's feces a little more extra now.