50 cent made 10 million by tweeting in two days.

[whyhellothere]

hella jelly. feels bad man.

 

[moneymike88]

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

G14 wrote:

---

females got 300,000 tweets & making nada ...kill yo self

G14 wrote:

---

females got 300,000 tweets & making nada ...kill yo self

G14 wrote:

---

females got 300,000 tweets & making nada ...kill yo self

G14 wrote:

---

females got 300,000 tweets & making nada ...kill yo self

G14 wrote:

---

females got 300,000 tweets & making nada ...kill yo self

G14 wrote:

---

females got 300,000 tweets & making nada ...kill yo self

 

[supermanblue79]

Brilliant.

 

[kingofny04]

This guy 50 knows how to reach the masses outside the music industry. Smart man.

 

[pavo002]

dudes got it

 

[tfromthe617]

damn wish i %**@+# with twitter, coulda came up this weekend.

 

[antonlavey]

Originally Posted by moneymike88

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

Originally Posted by G14

females got 300,000 tweets & making nada ...kill yo self

requoted for emphasis

 

[dathbgboy]

Too bad the stock still aint worth %+%* tho

but that's wassup. He need to hold it for at least another month or two before sellin

 

[dcjstn]

this a "@OMGFacts" twitter caliber.

 

[2lipslegit]

Originally Posted by seasoned vet

Originally Posted by roc4life24

Originally Posted by ThunderChunk69

couldn't he get in trouble from this?

if he sells his stock very soon he could pump and dump best believe SEC is like

- this.

  

the first thing that came to my mind 

 

[smallball5]

how is this not a "pump and dump"?

 

[wallyhopp]

Read the comments on that link.

"Daily Volume of 200k". "penny stocks go up and down all the time.." "It's just paper money right now"

 

[supersaiyan415]

50 trolling the stock market 

.  I wouldnt be surprised if Jay-Z(if he were to make a Twitter account obviously) or Kanye follow suit.

 

[ill legal operation]

Ol' ''Boiler Room'' %!+ N'...

...

 

[poeticjays]

That $10M is in paper profit that he'll never realize.

Look up the stock, it has 200k in average trading value. If he tried to dump his shares, he'd push the price down severely with the amount of shares he has and would either kill all his gains or even incur losses. He'd only be able to profit on a small % of his shares before price goes back to where it was pre-tweet.

NT getting hyped over things they know nothing about

 

[gambit215]

Originally Posted by SuperSaiyan415

50 trolling the stock market 

.  I wouldnt be surprised if Jay-Z(if he were to make a Twitter account obviously) or Kanye follow suit.

here you go............

https://twitter.com/#!/S_C_Official Jay-Z twitter account

he barely tweets though...........

 

[bijald0331]

Originally Posted by seasoned vet

Originally Posted by roc4life24

Originally Posted by ThunderChunk69

couldn't he get in trouble from this?

if he sells his stock very soon he could pump and dump best believe SEC is like

- this.

  

He dun goofed

 

[joe camel smooth]

using his twitter followers, most of whom probably have little to no investment knowledge, to pump and dump a penny stock?
not really ethical but it obviously worked out well for him

 

[dt43]

for anyone who knows the SEC rules, how long will he have to wait before he can sell the stock (ala Enron pump and dump)?

 

[kingtre]

maybe i got it wrong but:

how/why would it be illegal? he's not managing anybodies money or making them do anything...he gave a stock tip...if people buy they buy based on his influence...more power to them-
secondly he doesn't "own" the company...he works for them - they are distributing his headphones and he obviously believes in the product...the shares were prob a part of his deal

its dirt cheap now and if you think his headphones and the other products they are bringing out will change that then hop in- i'm sure he's in it for the long run and not a "pump and dump" - they are gearing up to release his new product why would he dump the stock and send it crashing?

i could imagine the suits/owners/stockholders faces when he did it tho....he prob was just tryna prove a point...if you asked me 3 days ago i would say there was ZERO correlation between 50 cents twitter , where he hollas at chicks and disses other rappers, and the stock market

 

[airjordan jb23]

 

[nubiandisaster]

he's an amazing man.

 

[Pedro Navaja]

Originally Posted by DT43

for anyone who knows the SEC rules, how long will he have to wait before he can sell the stock (ala Enron pump and dump)?

he has to wait 6 months to sell

 

[poeticjays]

Originally Posted by Kingtre

maybe i got it wrong but:

how/why would it be illegal? he's not managing anybodies money or making them do anything...he gave a stock tip...if people buy they buy based on his influence...more power to them-
secondly he doesn't "own" the company...he works for them - they are distributing his headphones and he obviously believes in the product...the shares were prob a part of his deal

its dirt cheap now and if you think his headphones and the other products they are bringing out will change that then hop in- i'm sure he's in it for the long run and not a "pump and dump" - they are gearing up to release his new product why would he dump the stock and send it crashing?

i could imagine the suits/owners/stockholders faces when he did it tho....he prob was just tryna prove a point...if you asked me 3 days ago i would say there was ZERO correlation between 50 cents twitter , where he hollas at chicks and disses other rappers, and the stock market

Who owns a company? The shareholders. 50 has millions of shares. That means he's a significant owner.

Also, it is illegal to intentionally mislead investors (i.e. start false rumors). It's against the code of ethics, and you most definitely can get sued/jail time for that. This is the same thing as Enron's CEO assuring investors that the company is doing great and dumping his stock at the same time.

$10M is a drop in the bucket in the world of finance. If it wasn't for 50's celebrity this would not be a story at all, things like this happen every day.

 

[GTA 809]

Originally Posted by PoeticJays

That $10M is in paper profit that he'll never realize.

Look up the stock, it has 200k in average trading value. If he tried to dump his shares, he'd push the price down severely with the amount of shares he has and would either kill all his gains or even incur losses. He'd only be able to profit on a small % of his shares before price goes back to where it was pre-tweet.

NT getting hyped over things they know nothing about

Hes on they're payroll tho. And they will distribute his headphones soon so maybe he just wanted them to have more assets so they can reinvest it in him and deliver a better overall product (without fronting his own money).