Hot Penny Stock North Springs Resources (NSRS) Flamed Out

As expected, the once hot penny stock has flamed out. North Springs Resources Corp. (OTC: NSRS.OB) is 86’d, down -18.45% at $0.424 as of 11:00 am after having seen $0.39 already today once. The stock that was hotter than New York Knicks tickets are now is in such a downfall, Super Guard Jeremy Lin wouldn’t even be able to assist this, now destined for the pump and dump message boards, penny stock.

The Harry Lappa NSRS scam has come to surface much faster than any gold or silver that North Springs Resources was sampling for. North Springs Resources has lost more than 75% in a week’s time all on press release after press release of growth, expansion, expectation of news to come of Millions worth of Gold to be found on the properties the company is said to have interests in.

Don’t like to take the position of  “I told you so” but we have been warning of this to come for some time now.

NSRS 10 Day Stock Chart:

 

Penny Stocks like NSRS are for experienced traders when they become as volatile as this one has in recent days. Knowing how to swing trade in a penny stock like this is the difference between making enough money to buy a new car from it and having enough money to buy gas to get home later today.  Subscribe today for alerts on penny stocks and profit before the promotions take place.

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