Our Approach to Cease and Desist Letters

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First they ignore you, then they laugh at you, then they fight you, then you win. Whoever said that was wrong. If you do the right thing, you don’t always win. We learned that through experience.

Nanalyze started out as a popular forum to discuss tech stocks. As it grew in popularity, many cheerleaders came around to tout penny stocks. Over time, we discovered how pump and dump scams operate. We learned that some management teams aren’t acting in a malicious manner by issuing shares left and right. But regardless of their intent, over the counter (OTC) stocks almost always fail. We’ve lost track of how many we’ve seen crash and burn over the years.

In observing the penny stock scene, what became most infuriating was seeing who was being fleeced. Your average person buying a penny stock isn’t dumb. They’re typically older people who can’t afford to lose money but are trying to fill a gap –…

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