50 Cent Faces Possible Investigation Over "Pump & Dump" Stock Violation

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 7 years ago '10        #21
Nautilus O 18 heat pts18
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I was thinking about this yesterday, "like oooooo the feds gonna get his black a.ss", that's clearly a violation if he owns stock in a company he can't promote it that way.
 01-12-2011, 02:09 PM         #22
Dos-effect 
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this America, they going to put him in jail cause he is black,sucessful, and rich
 7 years ago '10        #23
Fly Elroy 321 heat pts321
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SEC is just mad that 50 beat them to the punch. and they don't want twitter to become commonground for celebrities to do that. like previously mentioned, there is no violation because he didn't cash out on his shares.
 7 years ago '10        #24
GUNITZCAPO 
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50 can say he was hacked lol





















I SEE WHAT YOU DID HERE






















































































/THREAD
 01-12-2011, 02:32 PM         #25
tj.iscool 
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so they mad stupid people actually did what 50 said?
 7 years ago '04        #26
mr_underground|m 1967 heat pts1967
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 2nd2none said:
anyone that listens to 50 cents' stock advice deserves to lose money but fiddy can't be doin that
A lot of people made money, if you put in $200 when he posted, you would have about $800 now and its nothing for the average person to sell right now.
 7 years ago '10        #27
theking1 3 heat pts
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 Brainwave said:
Douche bag of the day award winner!!


Seen this coming
shut up :cool-smiley-009:
 7 years ago '10        #28
theking1 3 heat pts
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 Dos-effect said:
this America, they going to put him in jail cause he is black,sucessful, and rich

[pic - click to view]

 7 years ago '08        #29
AKMPLCE 34 heat pts34
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 ShadyVsEminem said:
50 Cent>>>>>>>Gordon Gekko
niice
 7 years ago '05        #30
BurninLz 31 heat pts31
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 deLeet said:
people who bought those stocks were probably kids using their parents credit cards... hustle on!
what are you like 12? we arent talkin about ordering s3x toys online or somethin, you cant just use someones credit card and buy a stock

 tj.iscool said:
so they mad stupid people actually did what 50 said?
you're an idiot. the share value almost tripled, therefore anyone who took his advice banked on it
 7 years ago '08        #31
o7media 47 heat pts47
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So many retards in this thread thinking they know what they're talking about...This is basically what happened...

50 bought 7.5 mil of HNHI at .15, 7.5 mil at .25, and 7.5 mil at .05....

7.5 mil at .15 = $1,125,000
7.5 mil at .25 = $1,875,000
7.5 mil at .05 = $375,000

Total amount invested = $3,375,000
Average share price = $0.15

On Monday HNHI went to a high of .45 a share. So at that point 50's investment of $3,375,000 was worth $10,125,500.

.........

Now, what 50 did was illegal. Yes, there was an SEC filing from THE COMPANY. Not 50 cent. 50 did not disclose his holdings to anyone on twitter in a form of some kind of disclaimer on any kind of website. So, no, he did not "follow the rules".
 7 years ago '08        #32
o7media 47 heat pts47
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 psylence2k said:
this is what i'm saying, how can it be "pump and dump" if he hasn't dumped?
The stock did get dumped. Look at the chart. It went from a high of .45 to a low of .205 today losing over 50% of its value since 50 pumped it.
 7 years ago '10        #33
Fly Elroy 321 heat pts321
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 o7media said:
So many retards in this thread thinking they know what they're talking about...This is basically what happened...

50 bought 7.5 mil of HNHI at .15, 7.5 mil at .25, and 7.5 mil at .05....

7.5 mil at .15 = $1,125,000
7.5 mil at .25 = $1,875,000
7.5 mil at .05 = $375,000

Total amount invested = $3,375,000
Average share price = $0.15

On Monday HNHI went to a high of .45 a share. So at that point 50's investment of $3,375,000 was worth $10,125,500.

.........

Now, what 50 did was illegal. Yes, there was an SEC filing from THE COMPANY. Not 50 cent. 50 did not disclose his holdings to anyone on twitter in a form of some kind of disclaimer on any kind of website. So, no, he did not "follow the rules".

[pic - click to view]

 01-12-2011, 04:24 PM         #34
Dos-effect 
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they been waiting on this n*gga to f**k up for years.......and they are going to get him on some white collar s**t......smh
 01-12-2011, 04:24 PM         #35
Buttersrugby 
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If he dumped (can't confirm that yet), it's his a.ss. The SEC don't play.
The SEC/IRS is the last person you wan't on your case. People out there with serious dirt get off on murders, and theft, etc etc, but then get axed due to IRS troubles. Numbers don't lie.

Clearly 50 did NOT disclose he owned the stock in his tweets, although you'd be dumb not to a.ssUME he had a stake somehow.

50 will be paying with time or money. Possibly both.
I hope he doesn't get hemmed up, but I also hope he learns because stock s**t will get your a.ss.
 01-12-2011, 04:25 PM         #36
Dos-effect 
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 ondatpurple said:

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ignorance is bliss huh?
 7 years ago '08        #37
o7media 47 heat pts47
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 ondatpurple said:

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Not surprised, you probably wouldn't have understood it anyway.
 7 years ago '05        #38
Redplayboy313 23 heat pts23
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50 cent has got balls
 7 years ago '05        #39
Redplayboy313 23 heat pts23
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 o7media said:
Not surprised, you probably wouldn't have understood it anyway.

owned!!!!!!!!!!!!!


 7 years ago '08        #40
o7media 47 heat pts47
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 BurninLz said:

you're an idiot. the share value almost tripled, therefore anyone who took his advice banked on it
No, actually you're the idiot.

Anyone who bought it lost a lot of money. The stock gapped up and OPENED at .45 and never went higher.

The only people who banked off it were insiders like 50.
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