Complaint Review: Firelane - Select State/Province
- Firelane http://investorshub.advfn.com/boards/profilea.aspx Select State/Province USA
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- Web: http://investorshub.advfn.com/board...
- Category: Miscellaneous Companies
Firelane Firelane Firelane - blogger alias basher scam investorshub unknown
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Recognize a stock basher
A stock basher is someone who attempts to lower the value of a stock with unscrupulous practices. They could be working alone, or at the request of another party. However, their main goal is to try and lower the price of a stock. This is typically accomplished by spreading lies and rumors about a particular company. They try to create fear surrounding company and lower the price of the stock. Then, they purchase the stock at a lower price.
In this way, the stock basher can make money on their purchase because the price of the stock will rebound to where it should have been. In the United States, this is an illegal practice and should be avoided at all costs. The SEC wants the market to decide the price of the stocks and not a collection of lies or false rumors. Therefore, if you are caught doing this, you could be subject to some stiff penalties or fines.
STOCK BASHER - FIRE LANE
InvestorsHub – Scam Scam Scam Scam
This report was posted on Ripoff Report on 07/22/2013 11:43 AM and is a permanent record located here: https://www.ripoffreport.com/reports/firelane/select-stateprovince/firelane-firelane-firelane-blogger-alias-basher-scam-investorshub-unknown-1069076. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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