50 Cent's Tweets Make Company A Staggering $50 Million In One Day, Netting The Rapper A Cool $10 Million

Were 50 Cent's tweets this weekend pumping a penny stock the most valuable tweets of all time?

We think they probably were.

Earlier we noted how penny stock HNHI -- a distributor of headphones -- were surging after 50 Cent tweeted about it all weekend.

The stock ended up closing up a staggering 240%.


Here's the chart:

At the current market cap of $71 million (per Yahoo Finance) that's a $50 million gain from Friday.

 

Check out the tweets that made 50's pockets go ka-ching!

 


Obviously 50's being compensated. How much? A LOT.

This SEC filing shows that he owned 30 million shares. Seeing as each one gained $.29 today, that's nearly $10 million for one weekend of tweeting.

How soon do you think he sells?

 

Source:  Business Insider

 

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Views: 867

Tags: $10, $50, 50, A, Cent's, Cool, Day, In, Make, Million, More…Netting, One, Rapper, Staggering, The, Tweets

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Comment by Phenix Beatz on January 23, 2011 at 8:29am
talk about money online...50 is a pure hustler..4 real

http://www.youtube.com/watch?v=gKtt4ri2Jbg
Comment by mysterymistyhillonadewymeadow on January 12, 2011 at 8:21pm
wtf yeah boy!
Comment by djwaxmaster on January 12, 2011 at 5:13pm
say what the f*** you want about 50 but he the m*********** man bottom line................
Comment by Neilsen Ali on January 12, 2011 at 2:05pm
50 let's do business www.neilsendomains.com
Comment by William M on January 12, 2011 at 12:31pm
If 50 Cent is buying.

I'm buying.

This is a buy and hold stock, the Warren Buffett way. Don't waste your time trying to day trade this, you'll just make pocket change, enough to buy a cup of coffee.
Look at it as long term investment. If it's a good solid company, it's then a lifetime investment.
Buffett is a buy and hold guy, and the 2nd richest guy in the world. Day traders are bums next to him.

Who knows where the stock is heading the next few months.
As of today 1/12/11 it's round .22 cents.
My guess, and it's only a guess, is that it will dip below .10 cents at least 2 or 3 times in the next month, and hover round .20 cents most of the time. It's too cheap right now, and too volatile.

I give it one to two years to break the dollar mark, if the products are what 50 says they are, and as long as he is still on board. That's my guess, who knows what will happen?
Comment by Slimturk on January 12, 2011 at 3:22am
Good thing I listened to 50Cent and got some close friends with me online and buy up some shares :P

Follow me on twitter >>> @Slimturk
Comment by booom zooom on January 12, 2011 at 1:48am
Fif blew this stock up with a few tweets. Fif you the man. Wonder what dre's headphones did the first couple days. I would love to see ppl hate on this, you just cant!
Comment by MafiaMuzik(Producer) on January 12, 2011 at 1:05am
Damn Fif a Money Moster Got Damn this n**** could hustle.geeesh!
Comment by Natasha The Real Deal on January 11, 2011 at 11:52pm
Thas whats up!Go 50 now thats how u pose to tweet,lol!
Comment by Tony Viera on January 11, 2011 at 10:16pm
50 Cent AkA Money Making Machine!!!!!!!!!



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