Hi everyone, I just wanted to caution and stress to everyone the importance of doing your own research and due diligence with investing. There is a person posting (or should I say spamming) all the finance and investing subreddits about a company called Patriot One Technology. He plays naive asking what everyone’s opinion on the company is and then has shill accounts post positive or optimistic comments of the company. My guess is he somehow believes he’ll be able to influence stock price by driving investors to it who heard about it online.
I created this post because I love this community and the world of investing. There are a lot of people coming here looking to learn and seeking advice from others. I know I’ve learned quite a bit from subreddits like this one. I love a good shitpost every now and then but I don’t like people trying to manipulate and take advantage of those who are inexperienced, gullible, or new to things trying to learn. That crosses a line in my books as corny as that may sound.
If you look into these posts and the comments at first, a naive or inexperienced person may think this looks like an attractive company full of potential listed at a bargain price. They may see others praising it and decide to put their own money into the company stock themselves. Yet, a little digging would show this poster is spamming all the related subreddits with this company, creating shill accounts to praise it, and even made a YouTube video all in an effort of trying to lure people into this Canadian pennystock that deals with security systems conveniently after the recent string of mass shootings in the US.
Don’t be fooled and let these people take advantage of you. Greed is a part of life, especially in the world of finance and investing. Do your own research, listen to others advice carefully yet cautiously, take time to learn how markets and companies work, and don’t blindly follow the advice of strangers, especially those online in a forum involving money related matters.
The mods here do a solid job of keeping this community running and I don’t want this post to discourage discussion of new, small, niche, or exciting companies. If you see anything strange like the poster here, don’t be afraid to call them out or report them to the mods. Let’s keep this subreddit going strong.
Thanks.
Submitted March 11, 2018 at 05:50PM by Just-Touch-It http://ift.tt/2DigMSI
