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The stealth promotion network includes a handful of real people who have touted the same stocks with such regularity that it is impossible to view their posts as a coincidence.
All told, we turned up nearly 600 bullish articles about Honig-related companies that fit the pattern of stealth promotional pieces.
They routinely spotlighted companies backed by Honig and his associates.That’s the exchange where most of those stocks trade.We have been watching for more than a year, to determine how the articles originate, how the campaigns spread and how they help to boost share prices and trading volumes.Although many of those companies have seen sharp, temporary increases in their stock prices, they seldom have produced long-term gains for ordinary investors. (formerly Nasdaq: ICLK), an online advertising company that was acquired by Yahoo Inc. The Securities and Exchange Commission has been investigating Honig and his associates in connection with two other creations: MGT Capital Investments Inc.(OTC: MGTI) and Bio Zone Pharmaceuticals Inc., now Cocrystal Pharma Inc. Both had sudden, promotion-fueled surges in their share prices and trading volume, which enabled Honig and members of his group to sell millions of dollars in stock.