ZST Digital Networks (NASDAQOTH:ZSTN)

CAPS Rating: 1 out of 5

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Player Avatar Allstar13913 (99.82) Submitted: 7/24/2011 9:33:27 AM : Underperform Start Price: $2.69 ZSTN Score: +123.18

Uses known Stock Promoter RedChips to pump and dump.

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Member Avatar OklaBoston (68.78) Submitted: 6/29/2012 7:23:03 PM
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What's a "Stock Promoter RedChip"?

Member Avatar sidiling (97.76) Submitted: 7/2/2012 3:12:44 PM
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It's basically a spammer trying to get everyone to buy this stock to drive up the price then dumping all of it for the high price leaving all the investors with nothing.

Member Avatar OklaBoston (68.78) Submitted: 7/3/2012 4:59:52 PM
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On the charts it looks like somebody did a bunch of dumping back in April but the stock has bounced back even higher than when the "dump" began. Wouldn't expect that from something that was fraudulent all along.

The valuation numbers at morningstar.com still look very good despite the runup post-"dump".

Member Avatar naughtyguy (30.96) Submitted: 7/6/2012 12:56:48 PM
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I read that AER Advisors are buying stock as well as mogul Peter Deutsch. AER Advisors now owns 2,742,250 shares, or 23.64% of the company, and Peter Deutsch owns 2,132,000 shares, or 18.38%. That's compared to the last filing where AER Advisors reported ownership of 1,297,396 shares, or 12% of the company.

In less than two months, they have bought an additional 28% of ZSTN. So much for the pump amd dump theory.

Member Avatar sidiling (97.76) Submitted: 7/6/2012 1:28:17 PM
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well looks like I got owned by that theory lol

Member Avatar sidiling (97.76) Submitted: 7/27/2012 12:39:35 PM
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just kidding free points

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