Report: #569787

Complaint Review: Stocktraderschat.com - Internet

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Ripoff Report is Xcentric Ventures

Submitted: Mon, February 15, 2010
Updated: Wed, February 17, 2010
Reported By: rj — Florida United States of America

Author Not Confirmed

Why?

Stocktraderschat.com Internet United States of America

Phone:
Web: www.stocktraderschat.com
Category:

Stocktraderschat.com Pump and Dump Stocks, causing member to lose money, Internet

*Author of original report: Lies

*General Comment: not pump and dump

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Stocktraderchat.com is involved in"Pump and dump", is a form of stock fraud that involves artificially
inflating the price of an owned stock
through false and misleading positive statements, in order to sell the
cheaply purchased stock at a higher price. Once the operators (MATTO) of the
scheme "dump" their overvalued shares, the price falls and investors
lose their money.

This report was posted on Ripoff Report on 02/15/2010 01:52 PM and is a permanent record located here: https://www.ripoffreport.com/reports/stocktraderschatcom/internet/stocktraderschatcom-pump-and-dump-stocks-causing-member-to-lose-money-internet-569787. 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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REBUTTALS & REPLIES:

1Author

1Consumer

0Employee/Owner

#2 Author of original report

Lies

AUTHOR: rjsmith - (United States of America)

SUBMITTED: Wednesday, February 17, 2010

POSTED: Wednesday, February 17, 2010

The owner "Matto" is compensated with shares and money. He proceeds to pump the stock by misleading individuals and the dumping the stock as people start to buy in.

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#1 General Comment

not pump and dump

AUTHOR: rebelpenny - (United States of America)

SUBMITTED: Tuesday, February 16, 2010

POSTED: Tuesday, February 16, 2010

This chat room is a place for information. Many picks are made for review and due diligence be made by individual and then an informed decision is made. If you dont like suggestion then dont buy. Picks are based on chart analysis, momentum, volume indicators. If you feel is being pumped stay away.

Rebelpenny

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