Tuesday, January 11th 2011

Get Rich Or Die Tweetin'

When 50 Cent isn't trying to wrassle up Twitter twat, he's giving financial advice to his almost 4 million followers. And in the last couple of days, 50 Cent's Tweeting put $8.7 million on his table. The New York Post says that this past weekend, 50 Cent told his followers that they will double their money if they invest in H&H Imports, a penny stock company of which he's invested in by 290 percent. H&H Imports is some no-name company that operates out of Florida and owns TV Goods, a marketing firm founded by Kevin Harrington of the reality show Shark Tank.

50 Cent peddled one of TV Goods' products at the Consumer Electronics Show in Las Vegas last week. But 50 Cent tried to milk out the money even harder this past weekend when he put on his Suze Orman face for his followers. The details from the Post:

"They are no joke get in now," Jackson told his 3.8 million Twitter followers about TV Goods, which Harrington founded in 2009. It merged with H&H in May.

Jackson received 30 million shares of H&H in a private placement last October, including a series of warrants granting him the opportunity to cash in as the stock rises: at 15 cents, 25 cents or -- no kidding -- 50 cents.

For some of the warrants, he only has to put up 10 cents a share, according to a recent regulatory filing.

Of course, Jackson's hype won't fix the cash-flow problems at H&H. The company lost $1.3 million last quarter on revenues of just $292,933. As of Sept. 30, the company has accumulated a deficit of $3.3 million and in March its auditor raised questions about its ability "to continue as a going concern," the company has said in financial documents.

H&H closed at 39 cents yesterday, up 29 cents, boosting Jackson's 30 30 million-share stake by $8.7 million.

Yesterday, 50 kind of pulled back a bit and told his followers to speak to their "financial advisors" before investing.

I own HNHI stock thoughts on it are my opinion. Talk to financial advisor about it.

HNHI is the right investment for me it may or may not be right for u! Do ur homework.

This is after 50 already rubbed his foreskin to the thought of being $8.7 million richer.

The only thing I invest my coins in is the Centipede game at the bar down the street from my apartment, but I don't think I'd ever take financial advice from 50 Cent. Just because he's named after currency doesn't mean he's a regular Richie Rich in the brains. If that was the case, I'd join Ke$ha's Airplane Game. Yup, that's really how she keeps the whiskey residue on her face fresh.

Posted by: Michael K


gucci's picture

@redvixen:

He and beyonce are the worst when it comes throwing their wealth in peoples faces. Ghetto trash both of them.

________________

"If a lady treats other people as she'd like to be treated, she's allowed to roll in the grass if she wants to ..."

Lena Horne

There is absolutely nothing tacky or cunty in flashing your stash while others are starving and barely able to keep a roof over their heads.

Nothing at all. *stabs someone*

***********************************************
And I hear your words that I made up. You say my name like there could be an us. I'd best tidy up my head I'm the only one in love, I'm the only one in love.
Adele, "Heart to Stone"

"

WrathOGrapes's picture

Ugh, I hate that ugly ape 50 cent! Such a flaming asshole.

**********************************************
Golden Shower Girls
http://www.youtube.com/watch?v=bq0Jr2VwlUY

GrlBhvingBadly's picture

Seriously, who would take advice from him? Did he even finish grade school?
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Honey, you don't need an education to make money.
Example: This fuck-head and many like him.

*Brushes dust off college degree and weeps*

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"It really is the simple things in life that give you a reason to take your pants off during a work day." -- MK

stake_spike's picture

This smells fishy. Like something about this is against the law. So he's telling all his dumbass followers to invest in a company that has lost more money than it's bringing in, thus over inflating a stock that is worthless, making him 8.7m richer? Someone's going to be getting investigated by the Feds soon.

Dj Tenn.'s picture

You know this is just great news to me. this is going to be how we can get rid of this ROTTEN HaTE mongering mouthbreathing shit cunt.

all the key words are there . Florida, Pyramid Scheme, company taking loss...

Oh this is going to get GOOOOD..

and I LOVE how he is teflon coated when he says that he is going to hire his homeboys to go shoot up a gay wedding.

I wonder where MY CAREER would be if I had said that I am going to get my gay friends to go shoot up a Black wedding?
Total fucking double standard bullshit.

If I EVER see this shit cunt in public I wont be responsible for my actions...

hopefully these Florida assholes are going to do the job for me and rid of us of this pestilence once and for all..

DListed, the ONLY news you'll ever need.

ILovePapaSmurf's picture

Fiddy still looks like a hamster to me.
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"Submitted by suckandfuck on Fri, 04/16/2010 - 5:46pm.

I would slaughter a thousand babies for an hour alone with Mike Rowe."

Lucifer_Sam's picture

Anyone dumb enough to take financial advice from a guy called 50 Cent deserves to lose all their fucking money and go die in a hole. I've studied investments at university for four years and got a degree, and even I'm not yet qualified to give advice on stocks.

miz cynical - LOVE the Jodie avatar! Jodie is one of my faves on the show.

Some kid went to jail for this a few years ago- he bought up penny stocks and then went to chat rooms to talk them up. People bought in, the stocks went up and he sold. He had not only jail time, but hundreds of thousands of dollars in fines. That looks like what this tool is doing.

I'm pretty sure it's illegal for this dumbass to be pushing any stocks. He's backpedaling on his earlier tweets with the "talk to your financial advisor" disclaimer, because you're supposed to be registered with the SEC to recommend investing in publicly traded shares of stocks in interstate activity. I hope the SEC files charges against this ass.

miz cynical's picture

Seriously, who would take advice from him? Did he even finish grade school? I remember a few yrs ago he presented at some award show & he came off as stone cold illiterate. He could barely read the cue cards and form sentences. He probably has a gost writer for his tweets. And to those who are betting those are $1 bills, I'm guessing it's not even that- just a stack of paper.

bitchette's picture

ah 50 i can't hate on you *drools*
thank you for at least going back and telling people to do their own research and get financial advice for themselves.
and yeah, who doesn't wish they would've gotten in on the vitamin water and made themselves 50 mil
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'fuck you guys. i'm goin' home.'

But.Seriously.Folks's picture

Submitted by Dirk Diggler on Tue, 01/11/2011 - 12:05pm.
He's clearly trying to manipulate the stock price. I'm no expert but I think it's illegal or something.
_________________________________________________________

True dat. That's why he backpedaled in later tweets. He doesn't know how all this works and is regulated. But he wants to dish out "advice" that's unethical and illegal for him to be giving. Dumbass. These noveau riche trashtacular types make me feel like a blue blood (I'm a mutt, btw) clutching her pearls! It's simply not done, darling!

Ok, enough pontificating, I need some liquor.
-LOVE ANDERSON

Mother Superior's picture

Dude disgusts me.

Provolone's picture

Penny stocks are a joke. But with that said, fiddy got in on the ground floor of Vitamin Water, so he's not entirely stupid.

As for going to jail for pump n dumping a stock...lol, people don't go to jail for that. Its encouraged.

Jr. mining company stocks, ftw.

But.Seriously.Folks's picture

dlisters, clearly there's plenty of dumbasses out there begging to be separated from their money. We need in on this action. Clearly, it's recession proof.

((must release inner huckster, shyster and snake oil salesman))

Ok, enough pontificating, I need some liquor.
-LOVE ANDERSON

Hekki's picture

Submitted by MyFingersHurt: "...Who the hell would see a tweet from 50 & actually FOLLOW his advice?!"

Same phylum of dumb fucks who buy gold because Glenn Beck tells them paper money is going to be useless because of Obama.

M.E.'s picture

Fuck Fiddy, and fuck his advice.

Whamo's picture

Submitted by RustyHooligan on Tue, 01/11/2011 - 11:43am.
Submitted by Whamo on Tue, 01/11/2011 - 11:41am.
If what he said drove up the price of the stock and then he dumps all his shares the next day after the stock spikes then 50's fucking brilliant and just put a shitpot of money in his pocket.

And probably liable for insider trading, fraud, and a few other things.

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Ya, I was kinda wondering about that. I really haven't a clue as to what or what you can or can't say. Apparently neither does he.. is what he did legal and at what point could you sell the stock to remain legal?

azgirl's picture

Run away from his advice people. Just like gold. Gold will be the next big bubble to burst just like real estate. Don't take financial advice from a has been rapper who is so tacky he spreads cash on the table. And you just know that is a bunch of 1's under that 100. Go to a financial planner or research on your own.

Dirk Diggler's picture

He's clearly trying to manipulate the stock price. I'm no expert but I think it's illegal or something.

cake coke and cock's picture

I usually tend to sympathize with Fiddy. But this kind of exhibitionist swelled-headed behavior is fucking ridiculous and reminds me yet again that there really is no god.

MyFingersHurt's picture

People who take financial advice from 50 Cent (or any rapper, while we're at it) deserve everything they get, and more.

Who the hell would see a tweet from 50 & actually FOLLOW his advice?!

CokeyBloke's picture

Is this friends and family insider trading? Think he just proved you don't have to die trying to get rich...

parissucksliterally's picture

Taking financial advice from 50 would be like taking diet advice from Oprah.

I'll bet there are ones under the top bill in all the stacks.

***********************************************
I don't wanna touch you too much baby
'Cos making love to you might drive me crazy
I know you think that love is the way you make it
So I don't wanna be there when you decide to break it
-Def Leppard

Tem's picture

I don't hate everything. If you just blanket hate everything you ruin the fun in hating. Go shorty. It's your birthday. He's gonna party like it's your birthday. You gonna eat 4,000 calories by dinner like it's your birthday. And I don't hate him. You blanket cunts you.

Hekki's picture

Disaster pending. I wonder how many investors he's gotten in. Dumb fuckers, whoever they are. The stock market is nothing but legalized gambling.

Ophelias evil twin's picture

oh run along and go give Chelsey Handler another STD why doncha.

Cut from the same nouveau riche douche cloth as PDiddy Doody.

His teefs always bugged me too.

Submitted by Whamo on Tue, 01/11/2011 - 11:41am.
If what he said drove up the price of the stock and then he dumps all his shares the next day after the stock spikes then 50's fucking brilliant and just put a shitpot of money in his pocket.

And probably liable for insider trading, fraud, and a few other things.

. . . . . . .
Cause you feel like paradise
And I need a vacation tonight
So if I said I want your body now
Would you hold it against me
(Marcel Proust)

Whamo's picture

If what he said drove up the price of the stock and then he dumps all his shares the next day after the stock spikes then 50's fucking brilliant and just put a shitpot of money in his pocket.

Mawy's picture

50 cent is one of the biggest douches ever. He is probably a closet case. It IS true, money is wasted on the wrong people!
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Use goodsearch instead of google. Each time you search, you can donate money to your favorite charity without having to spend any money yourself! Spread the word.

You know.. I can't hate on 50.. but the stupid people that actually follow his advice...

I seriously hope nobody is stupid enough to follow his advice. The trouble with difficult financial times is all these cockroaches come out and try to fear you into making bad investments. Makes them richer and makes you homeless.

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"Life is pain, Highness. Anyone who says differently is selling something."
— William Goldman

NovaNightly's picture

50 pennies needs to step off...a cliff.

^<>^<>^<>^<>^<>^<>^<>^<>^<>^<>^<>^<>^<>^<>^<>^
Constantly choosing the lesser of two evils is still choosing evil.

i've said it before and will say it again...Money is wasted on the wrong people.

People who invest in penny stocks usually lose all their pennies. And what kind of a dummy takes fiscal advice from this guy?

. . . . . . .
Cause you feel like paradise
And I need a vacation tonight
So if I said I want your body now
Would you hold it against me
(Marcel Proust)

angel_i's picture

Submitted by agirl on Tue, 01/11/2011 - 11:18am.

Who the fuck would take financial advice from a rapper, and via Twitter?
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What a painfully good question this is.

♥ Threadkilla!
I have not failed. I've just found 10,000 ways that won't work.
~Thomas A. Edison
Own a Ford Hybrid? Be afraid:
http://www.nearescape.ca/

suckandfuck's picture

If there's any commodity to invest in, it's marijuana, always seem to be hitting new HIGH HIGH HIGH HIGGHHHSSSSS.

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Submitted by stinkbutt on Mon, 03/29/2010 - 5:47pm.
suckandfuck, do us all a favor, and hang yourself. Oh, and your parents should be shot for raising a disgusting pig like yourself.

I thought that was my boy 'Toine. Ahahaha Fitty be "givin off the ghey" as someone said in the Giada thread yesterday.
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Earth tones and neutrals can get out of my way.
Submitted by TexnDoc on 12/05/2010

Nanners's picture

Submitted by redvixen on Tue, 01/11/2011 - 11:14am.

Just because you can doesn't mean you should.
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My motto
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MK, I love you like a fat kid loves cake - MissJaneTexas

lifeislikecake's picture

He really ought to be ashamed of himself

swarm-of-locusts's picture

This is the same man that believes that Facebook is worth 50 billion (actual) dollars. I expect to hear that he got gamed by his financial advisers and is as broke as a joke in less than 5 years.

agirl's picture

Who the fuck would take financial advice from a rapper, and via Twitter? People are so fucking dumb.

OTOH, if the investment were in H&H *Bagels*, I'd invest every penny I've got. Those bagels are amazing; the best in NYC.

ISprainedMyUvula's picture

redvixen- Exactly. Money can't buy class but it can buy plenty of charitable donations for the hungry and homeless.

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Although there's pain in my chest, I still wish you the best with a "fuck you". - Cee-lo Green

angel_i's picture

Ha! I can just see his sweaty-palmed PR agent, lawyer and accountant wringing their hands behind him as he typed those last two tweets.

♥ Threadkilla!
I have not failed. I've just found 10,000 ways that won't work.
~Thomas A. Edison
Own a Ford Hybrid? Be afraid:
http://www.nearescape.ca/

redvixen's picture

You know, I'm nobody to tell anyone what to do with their money, but this is just sick. There are a lot of people who go hungry in this country, for this fool to flaunt the Benjamins. Just because you can doesn't mean you should.