I was stunned when I saw an advertisement from an outfit called PirateStockTV.com on CNBC pitching an unknown microcap trading on the Pink Sheets -- this being CNBC, a network that is supposedly the leader in serious business news.
You can watch the ad here. The narrator advises viewers that "Rudy (OTC: RUNU), in the $5.4 billion sports drink industry is a prime buyout, just like The Coca Cola Company (NYSE: KO) bought Vitamin Water."
There's no disclosure in the television ad or in the video, but the "disclaimer" page on the PirateStockTV website contains this disclosure:
You can watch the ad here. The narrator advises viewers that "Rudy (OTC: RUNU), in the $5.4 billion sports drink industry is a prime buyout, just like The Coca Cola Company (NYSE: KO) bought Vitamin Water."
There's no disclosure in the television ad or in the video, but the "disclaimer" page on the PirateStockTV website contains this disclosure:
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