Australian (ASX) Stock Market Forum

penny stock scams

  1. M

    Beat penny stock scams?

    Hi, I have read a lot about penny stocks and pump and dump scams. But I have a question, is it a viable strategy to get in early on a pump and dump scam and "ride it" until you make a profit and sell. I don't see it being illegal as you are not the one promoting it, just investing in it...