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BYSD: $1.9 billion purchase order. Pumpsanddumps.com thinks it is likely the SEC will suspend trading in the stock and I agree.
http://www.pumpsanddumps.com/2013/07/wny-trading-in-bayside-corp-could-get.html
XUII merges with ... itself
I can't figure out the purpose of this. They will get a new CUSIP.
All that 'research' on George Sharp is from a website of a convicted felon (Michael Osborne) who was sued by Sharp for libel and lost.
http://www.abuseoflaw.org/
It is pretty hard to say Payne did not pump stocks when Peter Michaelson and AnnieBonny both received the NXTH mailer.
http://www.siliconinvestor.com/readmsg.aspx?msgid=26016164
http://www.siliconinvestor.com/readmsg.aspx?msgid=26012722
http://www.siliconinvestor.com/readmsg.aspx?msgid=25979329
I was trading pumps in 2009. I traded NXTH. I've seen the emails, scans of the mailers. Maybe you don't want to believe that your good buddy pumped worthless companies, but there is no basis in fact for that belief.
http://www.timothysykes.com/2010/02/shaquille-oneals-pump-dump-is-up-nearly-100-due-to-this-320000-promotional-mailer/
Nothing fishy about it. It is a fact that Payne took money to pump stocks. Tim Sykes blogged about him promoting NXTH 3.5 years ago: http://www.timothysykes.com/2009/10/yes-charles-payne-of-fox-news-is-a-stock-promoter-guess-what-his-latest-promoted-stock-did-yesterday/
I have heard others refer to this as a pump by Francisco "Fat Frank" Abellan / sma, but what are the connections (besides the style of the pump?).
Disclosure: Short BIZM (that can and will change often -- I'm a day-trader)
Bona fide publication or general and regular circulation. I would argue that even a chat room falls under that because is is generally available to be subscribed to. Whether it is legal or not may very well be a gray area. But SCOTUS specifically said in Lowe v. SEC that touts were not covered under the publisher exception.
For the legal eagles here: Lowe v. SEC and what it means today
Why hasn't the SEC sued any stock promoters in the last few years for giving investment advice without being registered or being exempt by being bona-fide publications of general and regular circulation? That would seem to be a legitimate action after the Lowe v. SEC case in 1985. Was there some more recent case that protected the rights of stock touts under 1st amendment grounds? If the SEC is not limited by later decisions with which I am not familiar, I humbly suggest IOGA as a great target: http://iogareport.com/ the pump is issue 1 of the Arbitrage Wealth Report. It and "Carson Smith" have no website. And there are any number of similar pumps as well.
For those who aren't familiar with Lowe v. SEC: http://supreme.justia.com/cases/federal/us/472/181/
IOGA btw a purported $2m pump budget but I think it is a lie. http://www.goodetrades.com/2013/06/inscor-ioga-pump-and-dump-likely-inflated-budget/
Goodnight, Irene. XUII likely drops below $0.15 by mid-week and then Victory Mark Corp and APS stop pumping by the end of the week. That is the pattern for the end of previous APS pumps.
Any longs can't say they weren't warned: http://seekingalpha.com/article/1465501-xumanii-a-promoted-stock-due-for-a-crash
I'm short 13,875 shares at Interactive Brokers from $0.2525. I'll cover around $0.10.
I assume it was done on purpose to amuse and confuse. APS plays games with the bull exchange guy, using his name on some of their domain registrations. Someone is having fun at APS' expense. It is all fine with me. But investors and traders will get killed as usual in DPHS.
Disclosure: long DPHS but not for long ;)
Interactive Brokers, although the $2.50 requirement applies so shorting this cheap crap is only for ballers.
Suretrader is an offshore broker that does not enforce the $2.50 requirement. I do not use them.
Barclays investing in XUII? Wow they have big balls telling that blatant lie. For some reason a Barclays mutual fund and a different Barclays ETF filings show up under XUII on ihub. See:
http://ih.advfn.com/p.php?pid=news&symbol=NO^XUII
Below is an excerpt from the awesomepennystocks pump email telling this blatant lie.
The thing is, those filings aren't even the filings a fund would make to show it bought a company. See the First Trust Series Fund filings here: http://www.sec.gov/cgi-bin/browse-edgar?company=first+trust+series+fund&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
It looks like they did. The links to look at the email list or unsubscribe have changed.
From 5/13 email :
http://clicks.skem1.com/manage/about_list.php? ...
from the email today:
http://www.pennystocksmail.com/me.html ...
Check your spam folder. I've been getting them.
Well if he did win a judgement against aps and they refused to pay he could conceivably get ownership of their websites.
Sharp's history suggests that he does it for the money (he has settled numerous times, including with APS-linked company WRIT), for the challenge/fun, and because it helps people and makes him look good.
This seems like a good explanation:
http://www.imediaconnection.com/content/31497.asp
Sharp is suing under California statutes, which allow a private plaintiff to sue for spam. If his lawsuit weren't allowed (such as if he were basing it on CANSPAM) then his earlier suit against the true spam pumpers would've been thrown out quickly, which it was not.
Traders can cry all they want, but we know for a fact that APS has spammed. You don't get emails in a spam-trap by accident. The whole fun last summer with their website changes and getting kicked off iContact started when their pump emails ended up in a spam trap.
As an aside, APS has either sold their list to spammers or it has been stolen (again) since last summer.
It is obvious to anyone without an agenda what Sharp's purpose is. And it has nothing to do with helping the evil shorts.
LOTE 4:1 share split anouncement to try and squeeze shorts
disclosure: I'm short LOTE
Blog Post by Motley Fool on how AwesomePennystocks tried to bribe bloggers on their platform to pump GOFF
http://www.fool.com/investing/general/2013/05/15/the-desperate-deceptive-measures-penny-stock-scamm.aspx
When I was but a boy, my father told me, "Son, never underestimate the power of human stupidity." That is the most useful piece of advice I ever got for trading penny stocks.
Full message this time, English Google translation first, then German original. Also, an ISIN search gives the correct company, which is New York Tutor Co. (OTCBB: NYWT) and here is its Berlin listing:
http://www.boerse-berlin.com/index.php/Shares?isin=US6501182017
The company I posted before is incorrect. Thanks to Nodummy for correcting me.
Awesomepennystocks associated website Pennystocks.de pumps African Copper Corp (listed on AIM, although they point to the Berlin listing)
http://www.africancopper.com/s/StockInfo.asp
http://www.boerse-berlin.com/index.php/Shares?isin=GB00B03TH577
Disclaimer:
canspam email sender: Benacourt Project Management llp. | 124 Baker St Unit 5 | London, London W1U 6TY, United Kingdom
Unternemhen
African Copper Corp
WKN: A1T7YY
ISIN: US6501182017
That pretty much proves that the executives are complicit with the pump and dump (of course anyone who knows pumps always assumes that anyway). If a listing on the BBSE were so beneficial to short sellers, why would almost every Awesomepennystocks.com pump be listed there?
You state it as if it is fact but present no evidence. What makes you think that TUNG will get a big pump? TUNG is as real a company as BOPT or WSGP or AGIN or LOTE or GNIN or SRBL or PSON or OCTX. Pretty much every big pump and dump company is set up for the sole purpose of being pumped and dumped. Many otcbb companies that get only small pumps or no pumps at all are set up for the same reason or exist primarily to benefit insiders.
Disclosure: short SRBL PSON GNIN. Long OCTX (but will be flat for short soon after the open tomorrow).
That has to be the worst series of financial statements I have ever seen. To go from $500k in CASH at the end of 2010, lose $74k and use up $45k of cash in operating activities in 2011 and end up with $0 cash and $0 assets boggles my mind. Their $64k in fixed assets at the end of 2010 also somehow disappeared without any depreciation in 2011 or evidence that the assets were sold.
Everybody and their mother in the penny stock world was watching BOPT the last couple days after that big drop on volume two days ago. There were a lot of people speculating it would be the sma/dobbs pump today. So I don't see anything suspicious in NM or any other penny stock trader trading it today or over the last couple days.
BOPT, our buddy Frank's new pump and dump. "Up to" $3.275m pump budget.
http://pennystockwizard.com/twitter00053/
Fellow Investor,
After weeks of due-diligence we're pleased to finally announce our new pick: Eco-Trade Corporation traded under ticker BOPT on the OTCBB.
There's been a lot of activity on this stock recently and we think BOPT has the ability to trade at much higher levels.
This email is only to get this basic information into your hands as quickly as possible. Watch your inbox this weekend to receive the in-depth research report on BOPT — and make sure to follow us on Twitter at @pswizard for all the breaking news.
Profitable Trading,
Chief Editor
Penny Stock Wizard
--
http://promotionstocksecrets.com/eco-trade-corp-bopt-research-request/ just made freely available by nodummy
see also http://www.pumpsanddumps.com/2013/04/bopt-professional-scammer-william.html#more
He's been pumping it since September ... one of the longest-lived pumps in recent memory. It will dump ... someday. Probably slow fade over months after this spike ends.
Disclosure: I'm short.
CC2 I find more interesting than CC1.
"CC-2 was a stock broker, acting as a President at a brokerage firm with offices in New York, New York and Brooklyn, New York". That is on page 6 of the complaint.
Any pumpers named Sameer? That is the name of either someone affiliated with Victory Mark Corp or potentially he just did web design for them.
One of the basic rules of criminality: don't commit a much more serious crime to hide a minor crime. Dumb for these folks, dumb for the tax-evading (allegedly, Stephen Kerr of SEFE p&d fame).
Today the SEC suspended trading in FUEG -- Face Up Entertainment (OTCBB: FUEG), a stock that has been pumped and dumped and repumped countless times. FUEG was most recently promoted by WFWS Consulting Inc (WhisperfromWallstreet.com / OTCStockExchange.com) and Stock Appeal LLC websites (LiquidPennies.com / VIPStockAlerts.com / HeroStocks.com /StockHunter.us / StockBrain.net). It appears that the SEC has become more aggressive in suspending trading in active stock promotions: EDVP was suspended one month ago.
http://cto-iov.csa-acvm.ca/ArticleFile.asp?Instance=101&ID=50E5A6C892D84B2089BED9C44AB1B352
ALBERTA SECURITIES COMMISSION
CEASE TRADE ORDER
Citation: Petrosonic Energy, Inc., Re, 2013 ABASC 128 Date: 20130403
Petrosonic Energy, Inc.
Background
1. Petrosonic Energy, Inc. (the Issuer) is a reporting issuer under the Securities Act, R.S.A.
2000, c. S-4 (the Act) and has failed to file the following periodic disclosure pursuant to
section 146 of the Act:
(a) annual information form for the year ended 31 December 2012.
2. Pursuant to an Authorization Order dated 31 October 2012, the undersigned is authorized
to make orders under section 33.1 of the Act.
Decision
3. Under section 33.1 of the Act, it is ordered that trading or purchasing cease in respect of
any security of the Issuer until this order has been revoked or varied.
3 April 2013
“original signed by”
Jonathan Taylor
Manager, CD Compliance & Market Analysis
Good point. The SEC does seem to have been doing a lot of good work recently to crack down on penny stock lawyers and fraudulent opinion letters they issue.
It is my understanding that the SEC and other groups don't put forth any effort to ferret out if companies checked the wrong box. Look at PWEI for example: http://seekingalpha.com/article/927251-pacwest-equities-the-330-million-dollar-pink-sheet-with-no-cash-and-155-million-illegally-issued-shares-part-i
Infitialis makes a good case that PWEI was a shell company and thus couldn't rely upon the Rule 144 exemption. But nothing ever happened to them.
Donna Levy and David Levy convicted, face up to 70 years in prison and $5m in fines each.
http://www.justice.gov/usao/nys/pressreleases/March13/DavidandDonnaLevyVerdictsPR.php