Everyone who got stuck holding the bag earlier this week was in awe when the SEC halted the penny stock of Centor Energy, Inc. (CNTO). Linked to hard mailers which had been circulating for weeks, we issued or warning back on January 27 as to why CNTO stock was one to avoid and it proved worthy as the touted oil explorers dropped for 4 consecutive days afterwards. Well, 3 other OTC stocks that are very likely to join Centor on the blacklist are entering today’s trading session with a big fat target painted on their backs and a very good reason why shorts will be making a killing on their eventual demise.
3 Extremely Risky Penny Stocks In Play:
- US Tungsten Corp. (USTU);
- Bravo Enterprises Ltd. (OGNG); and
- Imogo Mobile Technologies Corp. (IMTC)
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US Tungsten Corp. (USTU) Stock Quote
Market Cap: 17.42M
Last: 0.23 ▲ +0.008 (+3.60%)
Dollar Volume: $36,106
14-Day Rel Strength: 53.25%
1st Resistance Point: 0.2427
1st Support Level: 0.2197
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Wallace Trustein, a fictitious name created to build trust, signed off on the penny stock alerts Insider Labs issued last night on US Tungsten Corp. (USTU). Remember how we said APS was back on January 21 when their PennyStocks.com issued alerts on USTU stock? Well Insider Labs, one of the original sister sites of Awesome Penny Stocks, is back and operating under a new shell corp: Firestar Company Ltd., The Great House, 13 Cork Street, Belize City, Belize.
Everything which has been affiliated with APS over the past 6 months has seen its ticker get halted by the SEC within hours of the whistle blowers and/or scanners seeing the radar screens light up once again. With this as the trend, USTU stock has a projected survival rate of less than 1% to make it another week above the $0.25 range making it a short sellers dream.
It hasn’t helped at all that not one bit of news has come out since APS began re-pumping USTU stock back on January 21.
Bravo Enterprises Ltd. (OGNG) Stock Quote
Market Cap: 18.97M
Last: 0.1245 ▲ +0.0145 (+13.18%)
Dollar Volume: $217,962
14-Day Rel Strength: 38.46%
1st Resistance Point: 0.1287
1st Support Level: 0.1161
If you subscribe to any penny stock newsletters other than ours, then chances are you’ve received an email in the past 2 weeks on Bravo Enterprises Ltd. (OGNG). If you haven’t received an email or a hard mailer touting how their non-existent air-to-water AquaPhere machines are going to make China a better place as they enter into the Billion dollar global water industry, then consider yourself lucky.
A hard mail campaign began in early January for the Company that’s changed names and business plans 7 times since they went public over a decade ago. While the first couple of days of playing OGNG stock were a lot of fun, the past nearly 3 weeks has been a blood bath that only the new 300 movie due to be released could compete with.
Since hard mail campaigns are the quickest way to getting your ticker halted by the SEC, watch for OGNG stock to get shifted to the Grey Market after it’s been put into the penalty box for 2 weeks before coming out as a subpenny. Then again, they may have pity for it considering the way it’s been sliding.
Imogo Mobile Technologies Corp. (IMTC) Stock Quote
Market Cap: 35.28M
Last: 0.48 ▲ +0.02 (+4.35%)
Dollar Volume: $755,125
14-Day Rel Strength: 57.57%
1st Resistance Point: 0.5233
1st Support Level: 0.4333
Spam emails have been hitting inboxes all over the planet touting how Imogo Mobile Technologies Corp. (IMTC) could reach $2 or better in the coming weeks. Captained by StockCastle, the RFID technology Imogo’s new mobile enhanced payment platform system currently has under development is said to end the days when consumers will need to carry cash or payment cards while shopping. It could be that they are developing a new knife to spread peanut butter with, the reaction from traders would have been the same.
The last deal StockCastle spammed out on, Nevada Gold Corp. (NVGC), was in November of last year which lasted just over 2 weeks before it became a roasted turkey one day prior to Thanksgiving. Being that it’s now only the 2nd week of spam emails pushing IMTC stock, the chickens can hatch faster than you think when hard mailers from Andy Carpenter’s Wall Street Revelator have been floating around since the end of January.
These 3 penny stocks, USTU, OGNG and IMTC are 3 of the highest risk plays you can be throwing your money at right now. Chances are very good that all 3 of these tickers get halted in the coming sessions,but even if they don’t, OGNG stock can’t do much other than a “dead cat bounce,” USTU stock won’t be able to break .30 even if old APS volume came into it, and IMTC, well, let’s just call a spade a spade.
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