A stock promoter is someone who promotes a stock, ultimately attempting to persuade others to purchase it so that its price goes up. Stock promoters first relied on cold calling prospective investors to acquire stock in a company, and then later moved on to using the Internet, which provides for a much more efficient method of promoting a stock to a wider audience. Stock promotion is a generally illegal and fraudulent activity. Usually, stock promoters promote penny stocks because of the difficulty in finding information on these companies as they are normally listed on the OTC Bulletin Board or Pink Sheets, which do not require that companies provide as much financial information as other exchanges, such as the NYSE.[1][2]