Is Pink Sheet Penny Stock Groupe Athena, Inc. (GATA) a scam?

Pink Sheet Penny Stock Groupe Athena, Inc. (OTCPINK: GATA.PK) is on the pump after reporting “record revenues” in their recent unaudited financial statements for the six months ended December 31, 2011.  Shares in GATA.PK traded more than 7x the 3 month average volume yesterday which indicates the pump is on.

Groupe Athena, Inc. is  a research and testing organization, provides technical and regulatory consulting services for biotechnical products, pharmaceuticals, diagnostics, ...

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What are Penny Stocks?

I’ve Heard The Term Penny Stocks But What Exactly Are They?

Low-priced, small-cap stocks are known as penny stocks. Contrary to their name, penny stocks rarely cost a penny. The SEC considers a penny stock to be pretty much anything under $5. Most investors don’t think of sub $5 stocks trading on big exchanges like NYSE and NASDAQ when asked to describe a penny stock. Most individual investors look at penny stocks like Wall Street’s Wild ...

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