USBL - Uncompensated pump

USBL went up thousands of percent points yesterday....

WHY?

Because it was promoted, the company did not pay a pumper to promote it. It is what is called an uncompensated pump. The promoter found the stock and for various reasons decided to send out emails promoting and touting the ticker, it shot up! The ticker is basically a shell, no movement for a LONG time, still can be traded but has not been active. The promoter might have know about this ticker and then used a catalyst along with their emails to send it supernova...I did see a picture of a basketball player on the floor of NYSE yesterday on twitter...just saying.....

Why would the promoter do this and not get paid by the company... just to show that they can move a stock. They will use this ticker on their website, emails and when trying to get business for paid promotions. They will say "Our last pick went up over 1000%!!" . Now when they say that they are calculating from the exact bottom to the exact top. Which nobody, Nobody, NObody, NOBODY hit both the bottom and top, if they said they did they are lying, ask to see the trade...LOL. The promoter doesn't even get in at the bottom and out at the top, they are in the stock way before and out with safe profits when they see that all the shares are out of their hands and they can not manipulate the price anymore. In this case not even sure the promoter had shares, again this was done just for branding their service in the future.

As an uncompensated pump I stay away because there is no manipulation to the point that you can discern a pattern, all it is home traders getting hits on their scanners on volume and price movement and jumping in and chasing. They then set stop losses and when one hits the rest start to trigger and the stock dumps and panics.