This was one of Best Damn Penny Stocks' worst pumps. I hope to see HPGS rebound a little. Not taking any position in it for now.

There are rumors circulating that GGRI might be repumped in the near future

MILL is garbage

AAPL really seems to follow the market more than any other stock

Will be interesting to see if BORK can get back up near its highs

I don't know why you would go long on BERX at this stage. I would cut losses and get out.

I would say LTUM is over with

of course

Are you part of the IR group for LBAS?

Ouch. Well now LBAS has collapsed and had a very weak bounce.

This is most likely headed to $1/share. Just my opinion of course.

I agree there's a definite chance of this going above $2/share before it collapses.

anyone have any info on who is behind the promotion for this?

Seems AMIN has a promoter spamming twitter for them: http://twitter.com/#!/jessicabou1210

PUNK getting some serious volume today. Definitely worth watching.

$LBAS has started today very well, up another 8% already (despite my warnings)

Latest email broadcast about LBAS:

===

In the midst of a scary market there is one very interesting stock breaking out right now. Location Based Technologies, ticker LBAS on the OTCBB, today closed at 0.779/share, up from 0.67/share at the start of the days trading. Its stock chart for the last month and a half is very impressive. It's up almost 400% since the start of July, and it has steadily increased almost every day of trading since the start of August... and this is in the midst of a very scary market where the Dow, Nasdaq and S&P500 have all dropped well over 10% in the last couple weeks.

The company focuses on developing GPS technology. Here's a snippet from their Technology Overview page on their website:

"Location Based Technologies., Inc. (LBT) builds and develops a wide variety of innovative location technologies for use in our products and services. Our patented intellectual properties form the foundation of the core technological advantage we hold within the industry. Our knowledge and expertise in GPS and location technologies allow us to continue to innovate and improve our services and products at a rapid pace."
(Source: http://www.locationbasedtech.com/technology/technology-overview)

I'm a little too busy to put together a video on this stock right now, but a couple of PennyStockVideos.com subscribers had emailed me asking about this stock so I feel compelled to do a bit of background research on the company. My honest opinion is that there's a very good chance this stock will continue to rise in the next month or so -- maybe even approach $1/share -- but there's also an enormous amount of risk involved and so right now I don't recommend going long on it. As you'll see, the company itself is rather sketchy.

In their latest quarterly report, we can see that LBAS has $405,811 in total current assets, but a whopping $7,703,496 in current liabilities. In the three months ended May 31, 2011, they generated a meager $4,575 in revenue. They're listed as a "going concern" in the report. Here's a direct quote:

"The Company has incurred net losses since inception, and as of May 31, 2011, had an accumulated deficit of $34,095,591. These conditions raise substantial doubt as to the Company's ability to continue as a going concern."

Even more shocking is that the market cap for LBAS right now is very near $100 million. Now I don't know about you , but I would feel rather nervous investing in a company with a market cap of over $100 million when they have practically no revenue and huge liabilities and huge deficits and are listed as a going concern. I will continue to watch this stock, but it's very unlikely that I will go long on it due to the high risk involved.

JAMN has done very well today especially given the conditions of the market.

After strong earnings I'm sure this one would have finished a lot higher, were it not for the scary bear market. The state of the market is the only reason it faded late day.

That is really risky. Good luck :)

I am looking forward to seeing what AURI does next trading week. Even in this very bearish market, I would not be surprised to see it spike significantly. It's one of the few promoted stocks that is actually a real company with assets and revenue.

"major things"? LOL care to elaborate?

BISU is headed for a bright future, just wait and see :)

Doesn't seem like there is any life left in LEXG. I expect it to fade down to oblivion from here on.

You're either a promoter for NSAV or you're mentally retarded.

Exactly. This is what I sent out a week ago.

===

Late afternoon Friday and on Saturday, a few well known penny stock newsletters sent out emails recommending CXLT (Net Savings Link Inc), including the infamous Awesome Penny Stocks which has a huge following. Because of all the attention this stock is getting, it's likely that it will gap up on Monday or increase steadily throughout the day. One thing I know for sure, at least, is that it's going to get a substantial amount of volume this next week of trading.


I am sending this out as a warning to any subscribers who may be thinking of buying this. You can consider it, but you'd better be very careful.

Sure, there is a good chance it will rise substantially. But there's also a good chance it will drop down below $0.20/share or tank completely. I just finished reading through their latest 10Q which is an SEC filing they are required to do where they disclose all their financials from revenues, assets, liabilities etc. and it's pretty ugly.

That latest 10Q, filed on 20th July 2011, says that their total current assets are $572,628 but they have total current liabilities of a whopping $2,444,216. Even more alarming for potential 'investors' is that, for the three months ended May 31st 2011, guess how much revenue they earned? A whopping $402. Yes, this company, which has a market cap of over fifty million dollars, made four hundred and two dollars in three months! Are your alarm bells ringing yet?

While this may not be a pure pump and dump, its share price is totally being manipulated and there are lies all over the place about their stock. You can't argue with cold hard facts and their financial statements are very revealing. Of course, being totally overvalued and a lousy company won't mean that their share price won't rise, because they have some very powerful promoters pushing it to their subscribers. If you do buy the stock, you'd better watch it like a hawk because the share price could very easily collapse at any moment.

Such a waste that RYUN collapsed when there were never any shares to short. In fact I had tried shorting it on Interactive Brokers but got a message that "this contract can only be closed". It was so obvious it was going to drop sooner or later. No play now.

This could drop any moment now. In fact it's one of the few recent pumps still at its highs. I am looking for shares to short every day.

I was very dissapointed at the CXLT/NSAV promotion. Was hoping it would be the next POTG. As it is now, I doubt this is ever going anywhere.

It's 100% legal as long as compensation is disclaimed and SEC filings are in order.

When POTG does the 10:1 split it will be damn near impossible to ever try shorting it again, due to the margin requirements. Shorting a stock <$0.05 means you can only ever use a tiny percentage of your available funds to short.

I am very disappointing at the CXLT/NSAV promotion.

Obviously. Latest email broadcast

===

Late afternoon Friday and on Saturday, a few well known penny stock newsletters sent out emails recommending CXLT (Net Savings Link Inc), including the infamous Awesome Penny Stocks which has a huge following. Because of all the attention this stock is getting, it's likely that it will gap up on Monday or increase steadily throughout the day. One thing I know for sure, at least, is that it's going to get a substantial amount of volume this next week of trading.


I am sending this out as a warning to any subscribers who may be thinking of buying this. You can consider it, but you'd better be very careful.

Sure, there is a good chance it will rise substantially. But there's also a good chance it will drop down below $0.20/share or tank completely. I just finished reading through their latest 10Q which is an SEC filing they are required to do where they disclose all their financials from revenues, assets, liabilities etc. and it's pretty ugly.

That latest 10Q, filed on 20th July 2011, says that their total current assets are $572,628 but they have total current liabilities of a whopping $2,444,216. Even more alarming for potential 'investors' is that, for the three months ended May 31st 2011, guess how much revenue they earned? A whopping $402. Yes, this company, which has a market cap of over fifty million dollars, made four hundred and two dollars in three months! Are your alarm bells ringing yet?

While this may not be a pure pump and dump, its share price is totally being manipulated and there are lies all over the place about their stock. You can't argue with cold hard facts and their financial statements are very revealing. Of course, being totally overvalued and a lousy company won't mean that their share price won't rise, because they have some very powerful promoters pushing it to their subscribers. If you do buy the stock, you'd better watch it like a hawk because the share price could very easily collapse at any moment.

are you really going to defend a company with 5x as much liabilities as assets, and made $402 in 3 months, yet has a market cap of over $50,000,000? There are tons of groupon clones anyway

PennyStockVideos email broadcast regarding CXLT. There is not a chance in hell this thing is going to be the next Groupon or that it will ever be brought out, my god some people are stupid as rocks to believe promoters lies like that.

===

Late afternoon Friday and on Saturday, a few well known penny stock newsletters sent out emails recommending CXLT (Net Savings Link Inc), including the infamous Awesome Penny Stocks which has a huge following. Because of all the attention this stock is getting, it's likely that it will gap up on Monday or increase steadily throughout the day. One thing I know for sure, at least, is that it's going to get a substantial amount of volume this next week of trading.


I am sending this out as a warning to any subscribers who may be thinking of buying this. You can consider it, but you'd better be very careful.

Sure, there is a good chance it will rise substantially. But there's also a good chance it will drop down below $0.20/share or tank completely. I just finished reading through their latest 10Q which is an SEC filing they are required to do where they disclose all their financials from revenues, assets, liabilities etc. and it's pretty ugly.

That latest 10Q, filed on 20th July 2011, says that their total current assets are $572,628 but they have total current liabilities of a whopping $2,444,216. Even more alarming for potential 'investors' is that, for the three months ended May 31st 2011, guess how much revenue they earned? A whopping $402. Yes, this company, which has a market cap of over fifty million dollars, made four hundred and two dollars in three months! Are your alarm bells ringing yet?

While this may not be a pure pump and dump, its share price is totally being manipulated and there are lies all over the place about their stock. You can't argue with cold hard facts and their financial statements are very revealing. Of course, being totally overvalued and a lousy company won't mean that their share price won't rise, because they have some very powerful promoters pushing it to their subscribers. If you do buy the stock, you'd better watch it like a hawk because the share price could very easily collapse at any moment.