Biz, Music: Irony: 50 Cent makes penny stock move using influence alone
- 29¢ increase in a penny stock that Fitty recommended on Twitter
- 240% the increase in the value of HNHI, a firm that sells headphones
- $50M the increase in the value of the stock based on Fitty’s tweets alone
- $10M the amount 50 Cent made off his 3.8 million followers source
- » Yeah yeah, we know the irony: A guy named after pocket change just used his power to give a penny stock a boost. And the best part? It’s entirely possible the stock (currently at 39 cents) will reach 50 cents tomorrow. See, when 50 Cent sells out his name, he doesn’t sell it out to make a quick buck on advertising. He sells it out to make a quick buck. Period.