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The New York Post's Roddy Boyd reports on Hear at Last, a tiny penny stock company that's taking out ads on CNBC -- and promoting its stock in those ads.

See for yourself: Someone was kind enough to upload the commercial onto YouTube.

According to Boyd, "Pink-sheet companies ConnectAJet and Hear At Last have seen their stock prices jump after their commercials ran, despite having threadbare operating histories....An ad purchase on CNBC can cost a pink-sheet company as little as $20,000 but offers an audience of thousands of well-heeled investors and traders."

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Pumping penny stocks on CNBC originally appeared on BloggingStocks on Mon, 26 Nov 2007 17:30:00 EST. Please see our terms for use of feeds.

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