Not necessarily disagreeing with your premise on some BB stocks, but surely you are not making a statement of fact that Manchester is definitely a BB scam/fraud. Or are you?Quote from easyguru:
The fact is all these are press releases and PR stunts. The facts will come out soon. These kind of frauds are common in BB stocks.
A price increase of that magnitude while it attracts traders also attracts regulatory and news scrutiny.
Many people do not realise that they are lucky that atleast this company is still trading, in most cases the company stock simply stops trading once authorities suspend trading. There are several cases like this. Just a couple of years ago a similar story played itself out on ET about mad cow disease company. One fine day the company stopped trading due to Sec /FBI action. Search through ET archives and you will find it.
There is a whole industry which caters to creating and promoting such shell companies through continuous press releases. Those who has been in market know this very well. But hype and rising prices fools even most veterans as this company showed when some of the veterans on ET started believing in the hype.
The truth will come out slowly. That is the way this BB game is played.
If you believe your own hype, load up on this stock with all the money you got and see what happens next.