ED Magedson – Founder
Investors Hub IHUB and its CRIMINALS ARE FEARLESS CREW OF SCAMMERS Internet
This scam is a converse a pump and dump scheme. Since penny stocks are very volatile, one can make an enormous amount of money selling them short. Investors Hub engages annonymous posters to post negative information (aka stock bashing) about companies on its chat boards, in an attempt to manipulate the price of the stock down, to make huge profits.
Everything is powered by few people
This report was posted on Ripoff Report on 07/23/2013 12:11 PM and is a permanent record located here: http://www.ripoffreport.com/r/Investors-Hub/internet/Investors-Hub-IHUB-and-its-CRIMINALS-ARE-FEARLESS-CREW-OF-SCAMMERS-Internet-1069395. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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