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Paid Shills that Promote Stonks: I'm in the wrong business.


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I saw this video a few months back and it was pretty eye opening. I always assumed that when I saw people hyping too much that they were dumb people talking up their book or pump and dumpers. I didn't realize how lucrative it was to just shill for fun and profit. 

 

I'm not going to mention the YouTuber because I'm trying to follow Buffett's advice of praising by name and criticizing by category, but I was discussing this guy who made a 122 videos for a company called Voxtur, and now that it's involved in a lawsuit where his name comes up (not as a defendant), looks like he's adding a disclosure on his videos now:

 "The company has paid finder’s fees and advisory fees of CAD 1,417,927.52 in cash to [YouTuber] "  

 

And he did 44 videos for a junior miner called Orocco:

Finder’s fees of $6,000 are to be paid to [NAME] Capital  and 575,000 finder’s fee warrants issued to [Youtuber]

 

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