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4 comments

Tuesday, January 11, 2011 | 1:06pm

50 Cent Causes Stock Panic via Twitter, Penny Stock Price Rises 290%

Posted by Juan

Get Rich or Die Tweeting


@50Cent
I don’t know how many of you heard about this or not but for those who didn’t, here’s a quick recap.  A few month’s ago 50 Cent first took to Twitter after some initial reluctance on his part.  While most of his early commentary was of the disparaging variety, yesterday the artists used it to boost his own stock portfolio.   According to the new New York Post, not me cause I wasn’t paying attention, 50  used Twitter to promote a company called H&H Imports.  The penny stock jumped 290% almost solely off the strength of his promotion demonstrating the power of the social platform and his brand.

@50 Cent: HNHI is the stock symbol for TVG sleek by50 is one of the 15 products this year. If you get in technically I work for you. BIG MONEY”
@50 Cent
: “TVG’s stock went from 5cent to 10 in one day. You can double your money right now. Just get what you can afford.”
@50 Cent
: “HNHI is the stock symbol for TVG there launching 15 different products. they are no joke get in now.”
@50 Cent
: “You better get in now TVG I’m never saying this again. Watch how this company blows up.”
@50 Cent
:“Ok ok ok my friends just told me stop tweeting about HNHI so we can get all the money. Hahaha check it out its the real deal.

You might remember I briefly mentioned last week that 50 fell in line with the new industry fad of launching your own set of headphones and launched called Sleek by 50 Cent, an obvious but unapologetic rip of Dr. Dre’s Beats by Dr. Dre. The Headphone partnership is wit a company TV Goods who’s parent company is none other than H&H Imports stock handle “HNHI”.   By encouraging those listening to meekly “follow” like sheep as the shepherd has instructed he almost tripled his money in a few short moments with the effort equivalent to sending a few short txt messages.

No one will ever make the mistake of underestimating 50 as being less than the savvy businessman that he is however this is worthy of a standing applause if you ask me.  I’m not however sure that this is legal.  It sounds a little like that movie “Boiler Room.” In fact some have indicated that the SEC may file charges.  So 50 assuming under the advice of legal council, later tempered his previous Tweets issuing a statement

@50 Cent: “HNHI is the right investment for me it may or may not be right for u! Do ur homework.”

Many people often ask me why the Highbrid Nation slogan is “Because Knowledge is Power” when you feature Fat Back and other slackness.  This is exactly why.  Here you have a Southeast Queens Hood that’s been shot up a bunch of times, raps jokes for a living making “weigh” money off Hip Hop.  Why?  Because of his influence.  People KNOW 50 and they recognize him and thus will follow him into the river like the pied piper and his POWER is in the fact that he KNOWS that and uses it to the best of his ability.  Lost in all the hoopla is the fact that regardless of whether the stock run was legal, he’s generated incredible buzz for TV Goods, his new Headphones and thus his pockets. Smart guy.

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4 Responses to 50 Cent Causes Stock Panic via Twitter, Penny Stock Price Rises 290%

  1. cadillachustla says:

    Good article Juan. I’ve been looking at Highbrid Nation for appx a year and think and I am not one for social networking but your site for me is an exception. I like the “Fat Back” just as much as anyone else, but I also like to know whats going socially and economically as well and this article is a prime example of what we ALL need to pay attention to. 50 cent is literally showing us in this article how to use whatever tools you have at your disposal to generate revenue(legally)offcourse and is proof positive just because your from the hood dosent mean you cant be intelligent and savvy. Props to you and your people for Highbrid Nation and keep up the good work. No Dick Riding Here…just props from one brotha to anotha…..Peace

    • Juan says:

      I was glued to CNBC this morning to see what they were saying about it. Apparently 50′s actions while genius linger in a gray area. Some experts believe he’s definitely in violation of SEC laws and could face charges, even criminal charges…unlikely. But what 50 has done hopefully is allowed us to think about money making in a different perspective. No you don’t have to record an album or sell clothes or liquor to make money and be cool doing it.
      .
      Thanks for the support and checking in. We appreciate the Support. Remember its you all that make the Nation, I’m just a moderator.

  2. ChirstLike86 says:

    I know absoblutely nothing about stocks but just yesterday my boy got me to invest for the first time in the 50Cent stock madness and im oh so down for the ride…!?!

  3. Pingback: » 50 Cent Plans To Die Soon, Won’t Promote Any More New Music | Highbrid Nation | Because Knowledge is Power

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