Archive for July, 2010
Promoters make their money from dumping promoted shares on the market at hype prices and if you are the one who bought that shares, the latest free penny stock newsletter you received was not really for free. Because if investor newsletters advertising a “Multi 10 bagger opportunity” and saying “Be sure X stock is on your radar” sound trusty to you, you are the next victim The only radar that should switch on in such a case is the one alerting for possible fraud attempts. The only reason for someone to share a “gold” opportunity with other traders for free...
Admittedly, one of the most convenient ways for stock traders to get in touch with the “hugest gainers on the stock market, having the best business model” are penny stock newsletters. Though, the most popular investment is not always the best one. Penny stock newsletters are not a noble cause One of the most prominent aims of a penny stock newsletter is the so called “pump-and-dump” strategy. It is namely the one, when a stock promoting website sends numerous e-mail alerts in the form of newsletters to its subscribers, marketing a stock as an excellent opportunity for quick gains. As...
After the short walk to the magnificent three-day highs at the end of May, Videolocity International, Inc. (PINK:VCTY) stock went rapidly to sleep again. Yesterday, it seemed that nothing has changed. The direction of move was downwards again, but Videolocity still shows enviable sustainability and manages to stay above yesterday’s $0.0073 close most of the time. The volume jumped by around 50%, but it was not in favor of the stock, whose decline was however a tiny one, especially for a pink sheets traded company. The 50-day moving average far above and the 200-day one far below, the stock price...
Yesterday, Avitar, Inc. (PINK:AVTI) according to the situation requirements still-to-be-determined business model must have looked like a highly lucrative investment opportunity to some pink sheets investors. Pennyland’s investor online community got shaken again by AVTI’s next 50% jump. On nearly 108 million shares traded, the stock continues its suspicious climbing up by providing another support level for the newcomers on the market, to get attracted by the promotional efforts of “Wise Alerts” and several other stock promoters. It is almost not worth mentioning that the $0.0021 close from yesterday was not only the previous 52-week’s high, but also the high...
Superior Oil & Gas Co. (OTC:SIOR) stock crashed down to a brand new 52-week low at $0.011 yesterday. The large number of alerts sent out to investors by stock promoting websites last Thursday have not provided the desired results yet and there still seems to be considerable selling pressure. As the shares are not oversold yet, the market is now probably wondering if the price can go even further down. High potential for that comes from the fact that the market price is somewhat too optimistic: the stock trades nearly 60 times higher than the company’s sales and the overvaluation...
On natural gas price falling down these days, US Natural Gas Corp. (OTC:UNGS) stock price continued its three-day flight yesterday. The market received the official confirmation by the company that their stock will be further broadly and successfully promoted. Yesterday the stock of US Natural Gas surged another 12.07% for the third day in row and the trading volume keeps growing. Nearly 1 million share were traded yesterday and the price closed at $0.065. It seems that an announcement has caused the excitement on the market, since it guaranteed speculative gains and a lot of promotional volumes. The company said...