The news of a new, working prototype and revenues of almost $7.5 million last quarter were more than enough reasons for the penny stock of Solar3D, Inc. (SLTD) to have caught fire over the last two weeks. Up over 200% from their 0.06 low prior to the announcements, SLTD stock, after setting a new 52 week high and leading all OTC stocks in trades yesterday, has now gained over 700% since the start of the year. Having witnessed the slight dip in the shares of the developer of a proprietary high efficiency solar cell after the SEC press release came out that Christopher Mrowca, a stock promoter who operates Money Runners Group LLC, aka MoneyRunnersGroup.com, was named in the most recent stock manipulation complaint filed, seeing as how the solar power company was their pick to run to 0.20, the sun could quickly be setting just as things were really starting to heat up.
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SLTD Stock Quote
Market Cap: 56.46M
Last: 0.189 ▲ +0.03 (+18.87%)
Dollar Volume: $4,033,115
14-Day RSI: 84.70%
1st Resistance Point: 0.2103
1st Support Level: 0.1613
52Wk High: 0.204
52Wk Low: 0.0125
Solar3D’s SLTD has been a feature on multiple occasions here at AimHighProfits after news has previously cause for the development stage company to see significant gains pile up for those who got involved with their ticker well in advance of the announcements. The two most recent ones which talk about the successful fabrication and operation of the working third generation working prototype of its 3-dimensional silicon solar cell and the increase of over 600% in quarterly revenues compared to Q1 2014, resulting in operating profits in excess of $762,000, truly were reason for SLTD stock to take off as it did.
However, email alerts were being issued at the same time that volume began to explode by MoneyRunnersGroup, none of which stated any form of compensation or share ownership in SLTD. The most recent, received on August 1, 2014, reads as follows:
Money Runners Group
Our million dollar play (SLTD) is gaining momentum! Now at .154 from our .118 call!
Our team is very pleased with the performance of our million dollar play so far. Not only that our investors are very pleased and ready to invest millions of dollars into our team. This is a huge mile stone for us money runners! Money Runners Group is getting a lot of attention now with our recent call on SLTD, and SLTD hasn’t even started yet! Get ready to make big money on SLTD!
SLTD is set up perfectly to breakout! We see SLTD breaking .20 next week! Remember our price targets are .20 to .40…. Big gains coming.
Stay tuned and keep your eyes pealed to your e mail boxes as more updates will come!
There is no denying that the impact SLTD stock saw volume wise was impacted significantly due to the MoneyRunnersGroup involvement which, as it states in the SEC press release issued yesterday, was also involved with the pumping of formerly suspended GrowLife, Inc. (PHOT). Within the announcement it states how MoneyRunnersGroup was one of four groups that “bought inexpensive shares of thinly traded penny stock companies on the open market and conducted pre-arranged, manipulative matched orders and wash trades to create the illusion of an active market in these stocks. They then sold their shares in coordination with aggressive promotional campaigns that urged investors to buy the stocks because the prices were on the verge of rising substantially. However, these companies had little to no business operations at the time. The promoters reaped more than $2.5 million in illegal profits through their schemes.”
As of right now, the bid/ask for SLTD still looks like it has the bullish sentiment that it did after yesterday’s epic run continuance, topping the OTC in trades for the top penny stock traded for Tuesday. Since the impact may not be felt as hard as when AwesomePennyStocks was on the SEC chopping block nearly a year ago, taking those legal profits in SLTD stock while they are still there should provide for the ray of sunshine in one’s portfolio to keep shining as it gets shifted over to the next great stock trade.
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About SLTD Stock
Solar3D, Inc. is a development stage company operating as a provider of solar power solutions and the developer of a proprietary high efficiency solar cell.
Issued and Outstanding: 298,730,412
Last 5 Trading Sessions:
Just like GrowLife Inc. (PHOT) which is a real company with real revenues got suspended for stock manipulation, SLTD just landed itself on that same path despite being one of the hottest penny stocks on the OTC right now. Few remember that PHOT stock was leading the OTC as well when it was shut down and dropped like a bad habit down to the grey market after it’s suspension. The lesson learned from that and the clear indication that the MoneyRunenrsGroup which was helping to lead the charge on SLTD was named in the complaint should be more than enough to be a cause of concern for those banking off the power of the sun.