50 Cent Makes $8.7 Million In One Day

Discussion in 'In the Media' started by z, Jan 16, 2011.

  1. z

    z Well-Known Member

    Rappers have been known to influence interest in fashion trends, alcohol brands, and luxury automobiles. This week hip-hop mogul 50 Cent added the stock exchange to the list..

    In just one day, 50 Cent's promotion of the publicly traded H&H Imports, Inc. raised the company's stock price from .10 to .39 per share..

    The G-Unit head urged his 3.8 million Twitter followers to invest in the company. "TVG's stock went from 5 cent to 10 in one day," 50 wrote about the subsidiary of H&H. "You can double your money right now. Just get what you can afford.".

    50's fans responded immediately, purchasing $50 million worth of the penny stocks. The New York rapper made $8.7 million from those exchanges.


    Call him dumb and hip hop junkie, but the fucker is a business man.
     
  2. Kushton Slater

    Kushton Slater New Member

    Yeah I saw an article on this, he might get sent to court for this, for it being a "pump and dump" violation.
     
    Last edited: Jan 16, 2011
  3. goodlove

    goodlove New Member

    yeah, also it says something about people (the fans). are they that gullible to do what he says ? that is why entertainers have such an ego because they have FOLLOWERS.
     

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