The individuals here who staunchly oppose my suggestion that this is a boiler room always seem to be the ones who only post on PDY/YRR/AGU - the three sister companies. Very strange indeed.
And the fact that many posteres here admit to knowing each other on the outside world continues to disturb me greatly.
For those who don't know what a 'boiler room' is; it's a group of posters who are essentially paid off by company insiders. They are usually paid to generate interest in the stock through share market forum websites and continually positive sentiment on their company. They work in unison are very well-organised - often bouncing ideas off one another to keep the posts frequent.
The posters are usually mates of directors, or in this case - major shareholders.
This technique of market manipulation is considered very effective in small cap stocks.
For those who argue this is rubbish, you are living in fantasy land.
PDY Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held