Facebook Inc. (Nasdaq: FB) stock is well on its way to becoming the penny stock we said it should be after options trading began on what is the biggest pump and dump the stock market has ever witnessed. Facebook started the day behind the 8-ball with a lower open from Friday’s close before dropping -$3.07, -9.62% to close ...
Volume has dropped in Great Wall Builders (OTC: GWBU) stock for the second straight day even though the penny shares reached their high in yesterday’s trading session of $1.65. GWBU stock had 3,287 executed trades to close at $1.58, up 4.64%, on dollar volume of $18.45 million (12.55 million shares). Compared to both Tuesday and Wednesday, it is ...
For the purposes of this article, You are “Harry” and shares in the penny stock of Rackwise, Inc. (OTC: RACK.OB) is “Faro Tech”. RACK has been in the penny stock alerts arena now for a couple of weeks already with HTML adverts that do everything but wash your ...
Pump and Dump 101: Increase your total outstanding shares from 100 million to 550 million. When most company’s announce a move like that, the share price immediately retreats from any recent gains. However, LuxeYard Inc (OTC: LUXR) is different since the share price of its hot penny stock hit a new high of $1.78 two days after that announcement.
LUXR has been slowly ...
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Pump and dump is a popular name for a scheme that tries to inflate the market price of a particular penny stock picks through promotions based on misleading, baseless, or highly exaggerated claims. The people who participate in this scheme are typically those who already have an established position in that targeted penny stock. They sell or “dump” their positions as soon as the artificial hype has led ...
Digidev is about to take off. Shares in Regency Resources (OTC: RSRS) has been toying around with the $1 range since rumors leaked about their upcoming possibilities in the alerts and newsletters of the penny stock world. RSRS stock has traded no where near as much as it did on the 18th and 19th when the penny stock caught everyones attention. RSRS ...
OTC Stocks: Shares in Sunpeaks Ventures (SNPK) are down -2.46% to start the day off which is likely to continue and expand as the day continues. SEFElectric (SEFE) is continuing its lead on the board and momentum as the highly promoted hot penny stock has already traded nearly $3 million in the first 20 minutes of trading. LiuquidMetal (
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Shares in the penny stock of Sunpeaks Ventures (OTC: SNPK) could have to fight for their reign on the most actively traded today. There was an announcement of another pump and dump report that SNPK stock will go to $8. Yeah and Jennifer Aniston is on her way over to the office to show me here new PRVCY jeans.
LiquidMetal Tech (OTC: ...
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The movie Boiler Room that highlighted the Penny Stock Pump and Dump in graphic detail is still victimizing greedy investors globally until today. In the 70’s and 80’s, stock brokers in Canada used to send out prospectus material on penny stocks which had 80% of the front page used as a disclaimer stating that the broker/firm was to receive 80% or more as a commission from the purchase ...
As everyone knows, penny stocks are publicly traded stocks under $5. What everyone does not know is which ones are good penny stocks to buy and which ones are pump and dumps. Although these companies typically have a small market capitalization, there are a few valued at over a billion dollars.
While penny stocks are seen as risky by some investors, other investors cherish them and see them as a means of ...
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