Very Funny.
The analyst recommending it was the lead underwriter for Moko's IPO.
You keep coming up with articles that are paid to ramp and analysts that are paid to recommend.
This is a real warning sign from Nasdaq on such behaviour. http://www.nasdaq.com/investing/lowdown-on-penny-stocks.stm
"The Problem for Investors
Penny stocks have been a thorn in the side of the SEC for some time because micro-cap stocks' lack of available information and poor liquidity make these groups of stocks an easy target for fraudsters. There are many different ways these people will try to part you from your money, but here are two of the most common:
Biased Recommendations – Some micro-cap companies pay individuals to recommend the company stock in different media, i.e. newsletters, financial television and radio shows. You may receive spam e-mail trying to persuade you to purchase particular stock. All e-mails, postings and recommendations of that kind should be taken with a grain of salt. Look to see if the issuers of the recommendations are being paid for their services as this is a giveaway of a bad investment and make sure that any press releases aren't given falsely by people looking to influence the price of a stock. "
Find us one well known legitimate independent recommendation.
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Very Funny. The analyst recommending it was the lead underwriter...
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