OTC Stocks: Is LuxeYard (LUXR) Legit or a Pump and Dump?

Pump and Dump 101: Increase your total outstanding shares from 100 million to 550 million. When most company’s announce a move like that, the share price immediately retreats from any recent gains. However, LuxeYard Inc (OTC: LUXR) is different since the share price of its hot penny stock hit a new high of $1.78 two days after that announcement.

LUXR has been slowly ...

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