Rapper 50 Cent Nets Nearly $9 Million With Just a Few Tweets
- Posted on January 11, 2011 at 7:54pm by
Meredith Jessup
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Rapper 50 Cent made $8.7 million in one weekend — not from music sales or concert tickets, but from his Twitter account. 
50 Cent, aka Curtis Jackson, reportedly lent his star power to a no-name penny stock company by tweeting about them over the weekend.
“You can double your money right now. Just get what you can afford,” he tweeted.
On Monday, the company — H&H Imports — paid the celeb for his social networking. H&H is a money-losing venture based in Clearwater, Fla., the New York Post noted Tuesday.
“They are no joke get in now,” Jackson told his 3.8 million followers. In exchange for selling out some ad space on his Twitter account, Jackson received 30 million shares of H&H and a series of warrants granting him the opportunity to cash in as the stock rises.
On Monday, H&H closed the trading day out at 39 cents, giving Jackson’s 30 million-share stake an $8.7 million boost.
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Comments (87)
scout n ambush
Posted on January 11, 2011 at 10:22pmWho is fifty cents to be giving his two cents when what he calls music makes no sense .
Report Post »RightPolitically
Posted on January 11, 2011 at 10:10pmDon’t ya just love CAPITALISM? Now Mr. Fifty Cent needs to do what all wealthy people ought to do, provided he isn’t taxed to death first, BE CHARITABLE! How about picking a few poor neighborhoods and paying for the education of deserving kids. Or he could give Jimmy Carter some dough to build some houses through Habitats for Humanity……….Come on FIFFY, give it up!
Report Post »libertarian8586
Posted on January 12, 2011 at 12:37amHe has tons of money but he did start the Gunity foundation: http://www.gunityfoundation.org/
Report Post »which provides a lot for the community he grew up in. He donates food each november to poor people who need turkeys and many other projects. Give him some credit people whether or not you like the music thats up to you but he is a smart smart man who came from nothing and does give back to his community.
spirited
Posted on January 11, 2011 at 10:06pmMaybe some tweetin’ to help pay off some US debt might be next.
>Now, wouldn’t that be somethin ?
Report Post »Blakenship
Posted on January 11, 2011 at 9:53pmI believe there are some serious SEC & FINRA laws that were just broken here……If the company goes belly up or the star is using his star power to trade “inside” that is front running a trade and is subject to a number of rules as Martha Stewart she used her “insider” track, but oh wait she wasn’t fitty…fame comes with a price fitty.. c-
Report Post »IAMINFIDEL
Posted on January 11, 2011 at 9:52pmcan you say “insider trading”
Report Post »RogueAmeritarian
Posted on January 11, 2011 at 9:50pmWhen this is all over, there is going to be many pissed off people!!!
Report Post »spmcintyre
Posted on January 11, 2011 at 9:47pmMartha Stewart got in trouble for doing things like this, although she ultimately didn’t go to prison for insider trading, it was what sparked the investigation.
Report Post »Politisite
Posted on January 11, 2011 at 9:45pmWe have been approached by advertisers to add a blurb to our tweets occasionally. We decided to keep our twitter account clean and rely on the revenue generated by our site Politisite.com. There are others who provide political news that do take ads. We have maintained that our followers want news tweets only. We don’t have millions of followers, but a cool 8.7 million could help us out a bit right now… My next tweet will probably say breaking.. buy Acme XYZ today!
Report Post »NJartificer
Posted on January 11, 2011 at 9:17pmAnd the useul idiots who lose money will continue to support this JACKA$$
WHEN WILL WE RETURN TO REAL NEWS
Report Post »Akscooch
Posted on January 11, 2011 at 9:16pmI think day calls dat F R A U D. Course, da fools in da Hood doan know dat. Dey his byatches! LOL
Report Post »Mikee T
Posted on January 11, 2011 at 9:06pmWhere are the ********……? A greedy capitalist pig……….Oh, I forgot, he’s one of the brothas…never mind….all bets off….it’s a “feel good” story; a poor ghetto kid gets it all… Only problem I have other than the hypocricy of the left is ….can anyone say “INSIDER TRADING”..? What if a poor unsuspecting investor invested “puts” (money that stock would go down) not knowing about this propagandizing public stock…. Didn’t they send poor Martha Stewart to jail for less than this ???
Report Post »Hyena
Posted on January 11, 2011 at 9:03pmInsider trading……..?!?!
Think Martha Stewart……..
Report Post »GdavidH
Posted on January 11, 2011 at 9:39pmIt’s not really insider trading. It‘s just tellin’ your bros and hoes (sheeple) what they should do.
Report Post »Blakenship
Posted on January 11, 2011 at 9:58pmHYENA he is front running a trade…big issue with that and there are special rules on Pink-Sheets or Bulletin Board stocks that are pump and dump schemes and if fitty is involved in this he will also go to jail for Securities Fraud…
Report Post »Slayer
Posted on January 11, 2011 at 9:02pmHow many poor blacks will be left holding the bad if this ponzi scheme fails.
Report Post »Will Palin be blamed?
TJexcite
Posted on January 11, 2011 at 8:49pmRich evil capitalist. There comes a point when you’ve enough money. Send in the IRS to spread the wealth
Report Post »flyguync
Posted on January 11, 2011 at 8:43pmAnd people continue to complain about executive compensation while idiots like this guy make millions!
Report Post »GdavidH
Posted on January 11, 2011 at 9:36pmYes
Report Post »booger71
Posted on January 11, 2011 at 8:37pmHey H&H I would have done it for a mill
Report Post »shorthanded12
Posted on January 11, 2011 at 8:32pmAnother EX CEO- Huffpo story. Your lowering your standards.
Report Post »LoveBringsTruth
Posted on January 11, 2011 at 8:40pmWOW. I guess I was right about MJessop. She seems to do the propaganda and the “This is not news worthy story’ pieces.
I believe TheBlaze has been highjacked. Beck must have been threatened and felt it was better to hang onto his fortune then continue to promote truth.
Pat Alexander
Posted on January 11, 2011 at 8:17pmIn a related development, 50 Cent is changing his name to 39 Cent……..
Report Post »booger71
Posted on January 11, 2011 at 8:25pmGood one
Report Post »VermontPatriot
Posted on January 11, 2011 at 9:14pmWell, that did get a real laugh out of me.
Thanks. )
Report Post »Xcori8r
Posted on January 11, 2011 at 8:17pmHe may have set himself up for some SEC grief.
Report Post »RightUnite
Posted on January 11, 2011 at 8:32pmDoubt it. Not the right color.
Report Post »Xcori8r
Posted on January 12, 2011 at 1:37pmWell then maybe he qualifies for a Federal Reserve Bank directors position.
Report Post »Falcon05dad
Posted on January 11, 2011 at 8:13pmOh yeah, and Wall Street fat cats are the bad guys who take advantage of “hard working Americans”.
Report Post »poboy80
Posted on January 11, 2011 at 8:09pmI would like to fight this IDIOT!
Report Post »libertarian8586
Posted on January 12, 2011 at 12:39amhe was a young boxing champ in NY so good luck to you. The guy is massive!
Report Post »Carbine1
Posted on January 11, 2011 at 8:03pmWell this Kat looks like He’ll be livin in the HOLDAY INN for a while eh Fellas and Gals234%6&?
Report Post »chasbronson
Posted on January 11, 2011 at 8:01pmUn believable.
Report Post »GdavidH
Posted on January 11, 2011 at 9:35pmReally????
Rap stars are all anti-capitalist money whores.
Report Post »Wait a minute…..What???
NAVY MR
Posted on January 11, 2011 at 7:59pmTweet, Tweet, Tweet. Now pay me sucks.
Report Post »Damocracy
Posted on January 11, 2011 at 7:59pmH&H is a money-losing venture and he told people to get in?,,what a creep,,and the noise he makes sucks.
Report Post »Cheekymnky2
Posted on January 11, 2011 at 8:18pmWhere is Senator Schumer and Barney Frank when we need them. This guy is making huge windfall profits and feeding off of the poor. They should be calling for hearings on this.
Report Post »broker0101
Posted on January 11, 2011 at 10:05pmDAMOCRACY, As is buying Gold when the spot price is @$1400.oz (try buying an ounce of gold for the spot price and let me know how that works out for you). I’m sure Curtis meant for people to buy H&H “As an insurance policy”, just like Glenn hawks gold, not, as Glenn is bound by law to say in every ad, as an “investment”.
Report Post »Blakenship
Posted on January 11, 2011 at 10:13pmBroker0101 look up, in your spear time, SEC and FINRA rules on front running trades on Bulletin Board and Pink Sheet stocks. It is a little different than commodities big guy, what the hell kind of broker are you any way??
Report Post »WhiteTeaParty
Posted on January 11, 2011 at 9:11pmYou really are stupid aren’t you?
So because a black man makes all this money in one weekend that all of sudden makes the United States racist free?
Yeah keep posting your ignorant comments, it just proves our point that you exist.
Oh, God!
Posted on January 11, 2011 at 9:21pmYou just got your help from one of our wonderful trolls.
Report Post »Curator_JDR
Posted on January 11, 2011 at 9:23pmFree Speech is alive, even if it defrauds people. I hope all of 50 cents fans who invested in this scam get outraged.
Watch how a real artist uses free speech in this 2009 video where Marc Rubin destroys his presidential portrait of Obama in response to Glenn Beck’s expose of Obama using the NEA for propaganda. Its called “Catharsis”, and you too might have one when you watch it.
http://www.marcrubin.com/obama.ivnu
Report Post »GdavidH
Posted on January 11, 2011 at 9:29pmHEY Barack!
Has he made enough money yet?????????
Redistribute that…..Be-ahhhch!
Report Post »Here2do
Posted on January 11, 2011 at 9:38pm@WhiteTeaParty “…that all of sudden makes the United States racist free?”
Don’t be so quick to call someone stupid. If you don’t know the difference between NOT A RACIST COUNTRY and RACIST FREE, then the problem is your INABILITY to understand simple sentences. What Akmikeus said is true. America is not a racist country. Just like it isn’t a bigamist country, even though there are bigamists that are American citizens. It‘s not a homosexual country either but we have some homosexual Americans don’t we?
Report Post »broker0101
Posted on January 11, 2011 at 9:46pmGreat job, Curtis! You’ve bested the huckster Beck at his own game. It took Glenn about three months to scam that much last year. Kudos Fitey!
Report Post »whiteteaparty.
Posted on January 11, 2011 at 10:15pmOkay, so what if I am a troll! If you were a paranoid schizo like me, you could be one too!
whiteteaparty.
Posted on January 11, 2011 at 10:19pmCan‘t you all see that I’m a very sick man? Leave me alone!!!
Non-sequitur
Posted on January 11, 2011 at 10:53pmWhiteteapartyperiod, at least copy Whiteteapartys avatar picture to appear a little more convincing.
Report Post »beekeeper
Posted on January 12, 2011 at 12:29amRemember one thing – he has nothing until he sells, and I can‘t imagine he’ll be able to unload all 30 million shares at the premium price of 39 cents…
Report Post »the_ancient
Posted on January 12, 2011 at 5:57am@CURATOR_JDR Free Speech has never protected fraud, with that said there is no evidence that this is fraud, Just telling someone to buy a stock is not “fraud” in and of itself. If there was insider trading or some other scam occurring then it si fraud and the SEC should be involved but just recommending a penny stock you own is not.
Report Post »Silversmith
Posted on January 12, 2011 at 8:32amWhiteteaparty speaks only about itself.
Silversmith
Report Post »Super Dave
Posted on January 12, 2011 at 8:34amAmerica will not be racist free till WHITETEAPARTY leaves.
Report Post »Shurmus
Posted on January 12, 2011 at 10:09amI don’t know exactly what this story proves…but I know one thing for sure…it ain’t good.
Report Post »The Libertarian Atheist
Posted on January 12, 2011 at 4:11pmLets see him sell those 30m shares without hammering the stock down to under a penny.
Report Post »AMERICAN_AIRMAN
Posted on January 12, 2011 at 4:59pmhey whitteaparty, he was being facetious!
Report Post »Blakenship
Posted on January 11, 2011 at 10:03pmOde to Joy! Wilted Toliet Paper WTP! I love that clown, he is special…
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