Why FOX News’ Charles Payne Is Currently The Most Powerful Penny Stock Promoter In The World

Posted by Timothy Sykes on Mon 16th of Nov, 2009 07:30:27 AM
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I hope you read my two previous blog posts on Charles Payne, your friendly unethical stock promoter (and I say unethical because everyone, and yes, I do mean everyone, in finance knows NEVER to trust anybody paid by a company or its shareholders to promote or advertise a stock…financial commentators especially know it):

Charles Payne & other penny stock promoters wish they could get this

Charles Payne’s promoted piece of crap company tanked 60% in one day…when the pump turned into a dump

charles payne fox Why FOX News Charles Payne Is Currently The Most Powerful Penny Stock Promoter In The World

…and learned that Charles Payne is the most powerful stock promoter in the world right now because he is involved in some form or another WITH YET ANOTHER BLATANT PUMP & DUMP…and being apart of not just 1 but 2 of the most blatant penny stock scams of the past year, well, that’s something to truly be ashamed of.

…and for that FOX News should not only fire him, the public should not only tar and feather him, but we should all learn what not to do as a human being….Payne might be a smart TV commentator (I dunno, I, along with most of the civilized world, don’t watch FOX), but he’s one of the dumbest people in finance for lending his name to this kind of stock:

charles payne Why FOX News Charles Payne Is Currently The Most Powerful Penny Stock Promoter In The World

I’ll say it again, I’m not out to get stock promoters, I’m out to profit from them! But Payne and crew are so greedy that they have locked down the shares to short of their latest pump & dump Clear-Lite Holdings, Inc. (CLRH), just like they did last time on NXT Nutritionals Holdings Inc. (NXTH) and THEN BLAMED THE DUMP (MOST LIKELY THEM OR OTHER STOCK PROMOTERS) ON SHORT SELLERS SAYING: “We recommended NXT on 9/28 at $1.70, and despite major Short Selling, the stock increased to $2.01 for an 18% gain.”

To be clear, EVERY stock promoter blames the inevitable dump of their pumps on short sellers, that’s what soulless scumbags do, they lie, but not every scammy stock promoter has a national spotlight giving them actual credibility….and making my job of cutting through the BS tougher.

CHARLES PAYNE AND HIS SCUM CREW KNOW Short Selling WAS NOT RESPONSIBLE FOR NXTH’S 60%+ DUMPING, THIS IS HOW PUMP & DUMPS DIE…THIS IS HOW THEY’VE ALWAYS DIED…THIS IS HOW CLRH WILL INEVITABLY DIE…THEY DON’T REALIZE I’VE CHRONICLED THEIR SCUMMY ACTIONS FOR OVER A DECADE AND HAVE GRAPHICAL EVIDENCE TO PROVE IT. MOST IMPORTANTLY, THERE IS NO COMPENSATION DISCLAIMER ON THEIR LATEST PICK OF CLRH AND WE KNOW FROM PAST PUMP & DUMPS THAT THEY DON’T WORK FOR FREE…MAYBE THIS IS THE SEC VIOLATION THAT TRIPS THEM UP?

SEC, PLEASE WAKE THE F*** UP. THIS NATIONAL TV PERSONALITY IS HARMING THOUSANDS, POSSIBLY TENS OF THOUSANDS OF IGNORANT PEOPLE WITH HIS MISINFORMATION AND LIES.

Disclosure: As of this writing, I have no shares of CLRH short, although I am looking every day as I know what will happen once this pump flips just like NXTH didI write this not for personal profit, but because as much as i love profiting, I know my little blog is no match for a national TV network, no matter if I have the truth on my side.

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  • Steve
    Hilarious story about Charles Payne--
    http://news.cnet.com/8301-13577_3-9819145-36.html

    "..............On its morning show, Money for Breakfast, anchor Alexis
    Glick accidentally reported that Apple had taken an 8 percent stake in
    chipmaker Advanced Micro Devices.

    "There's some news coming across the tape right now," Glick said on
    the live program. "We're seeing from Wall Street Journal that Apple is
    buying an 8 percent stake in AMD."

    In fact, it was the government of the United Arab Emirates state of
    Abu Dhabi, not Apple, that had purchased the stake in AMD.

    Even funnier, contributing analyst Charles Payne--the founder and CEO
    of Wall Street Strategies--had gone right along with the gaffe.
    "That's real smart by Apple because AMD is in trouble right now," he
    had said to Glick. "AMD has always had two problems: either it had a
    great product that was either sometimes superior to Intel but not the
    distribution, or it would have a terrible product that obviously they
    couldn't compete."

    Never mind the fact that Apple has been stocking its computers with,
    um, Intel chips, and has been doing so for over two years. If Jobs &
    Co. had bought a stock in AMD, that'd be beyond huge
    news.............."
  • Steve
    fox news only has handful of viewers each day-- http://www.vanityfair.com/online/politics/2009/...
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