50 Cent Tweets Stock Tips, Banks $8.7 Million

by at . Comments

Yes, you read both parts of the above headline correctly.

50 Cent made a fortune from rapping, but that doesn't mean he's content to rest on his laurels and Tweet photos of himself with stacks of cash all day.

Okay, well he does do that a fair amount But our point is that 50, a.k.a. Curtis Jackson, is proving quite the businessman in addition to entertainer.

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50 Cent recently Tweeted about a penny stock company he's invested in ... one that's up 290 percent since he pitched the stock tip to 3.8 million followers.

"You can double your money right now. Just get what you can afford," 50 tweeted about a Florida company, H&H Imports. "They are no joke get in now."

He received 30 million shares of H&H in a private placement last October, buying portions of his stake at 15 cents, 25 cents and - no kidding - 50 cents.

H&H closed up 29 cents the other day, boosting Jackson's 30 million-share stake by $8.7 million. Might he have a second career as a financial advisor?

This wasn't his first foray into the investment world either.

Earlier this month, Jackson also "personally endorsed" a line of mobile audio products that are made by another Florida company, Sleek Audio, H&H said.

Jackson talked up the headphones when he appeared on TV last week from the Consumer Electronics Show in Las Vegas. We eagerly await that Tweet.

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The stock (that he had a personal stake in) went up because he told people to buy it. Thats not good "business sense", its a pyramid scheme.