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IMMA Chiscam followup: confirmed boiler room operation, people getting unsolicited cold calls http://investorshub.advfn.com/Interactive-Multi-Media-Auction-Corp-IMMA-29041/
Well FCPG, you listed, HAD a very active board promoting that slimy Chinese stock... even tho its filings have been delinquent for years. Amid the best pumping efforts of many FCPG shareholders, the SEC suspended its trading two weeks ago and the shares have barely traded since.... Likely another 100% loss for gullible American "players." And one more black eye for all stocks.
Chinese rubbish does take up some of my time. Over 18 years, for example, I communicated with the SEC about several of them. In time, Chinese stocks always vanish.
Generally the public has learned. Even the shares of giant BABA are struggling. China has become synonymous with stock scams just as Nigeria has become synonymous with other types of scams.
Nobody is promoting these stocks, there is no other specific board on ihub to discuss them as the China Trading Stocks board does not allow for the discussion of OTC stocks. These are usually just stocks I may find on scans, or under the radar washtraders with operations in China. Thanks for your interest.
FCPG was just suspended by the SEC. What's the point of promoting junk like these stocks?
In case anyone cares I'm taking a hiatus from posting OTC China stock picks, it's bad enough what's happened to the China big boards but as for OTC China stocks, it will have to wait.
Bottom most certainly not in. Turd!
FCPG some more info:
$Volume, Date, Range, Open, Close, Volume, VWAP
$28 08-13-14 0.0280-0.0281 0.0281 0.0280 1000 0.0281
$688 08-14-14 0.0299-0.0300 0.0299 0.0300 23000 0.0299
$609 08-15-14 0.0261-0.0299 0.0299 0.0261 21750 0.0280
$526 08-18-14 0.0280-0.0298 0.0280 0.0298 17700 0.0297
$496 08-19-14 0.0280-0.0297 0.0280 0.0297 16800 0.0296
$187 08-20-14 0.0281-0.0285 0.0281 0.0285 6643 0.0282
$1007 08-21-14 0.0281-0.0291 0.0281 0.0290 35000 0.0288
$160 08-22-14 0.0290-0.0290 0.0290 0.0290 5550 0.0290
$1937 08-25-14 0.0310-0.0344 0.0310 0.0313 61352 0.0316
$643 08-26-14 0.0312-0.0393 0.0312 0.0390 19300 0.0334
$5592 08-27-14 0.0328-0.0450 0.0400 0.0450 146574 0.0382
$4 08-28-14 0.0420-0.0420 0.0420 0.0420 100 0.0420
$3642 08-29-14 0.0440-0.0800 0.0440 0.0650 71200 0.0512
$14806 09-02-14 0.0430-0.0800 0.0605 0.0800 209850 0.0706
Sure thing, although there might be periods of prolonged inactivity on this board since we'll post as we find em. But something about the charts intrigues me more than the DD and news. Don't get me wrong I really like all the guys and gals on China Trading Stocks but I sometimes feel a little out of my element because of all the knowledgeable folks there and would rather spend the time looking for actual trade setups than discussing the whys and wherefores.
No problem. I'll put this board on my "to check" list. thx
KEYP big brother tbird likes this one a lot. Delisted NASDAQ issue float 9.8M shares and shrinking as the company buys back shares up to $1.50. Within the last year anything under a buck is small downside risk. Take a look at the chart and notice the stock doesn't close under $1 very often and when its does it comes back up the next day. Maybe a good one to flip if you see a nice bear raid. Most regard fully reporting company as legit and not just another China fraud.
Okay thanks I appreciate it and wasn't aware of that board until now. I guess I'll just keep posting here though since this board is already made and it deals explicitly with China OTC stocks, no big boards please. Hope you don't mind.
Feel free to post your OTC stocks on the China Unlimited board. The board covers all companies operating in China. Even non-reporting ones!
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