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sounds good, but these hardly ever turn out well for common shareholders.
hate to rain on the parade, but the 8-K filed states the following:
the Company does not expect to be able to distribute any proceeds from the Asset Sale to shareholders and therefore believes that the shares of its common stock are worthless.
http://t.co/hFK9dfd8nU
It's just a pump from various groups from last Friday. Looks like a short squeeze to me and wouldn't be surprised to see it come crashing down tomorrow or Wednesday.
Unreal move on this but you all are nuts buying it up here lol.
oooops...... I only had my 3 month chart up. My bad!
Wowsers, how many shares did they dump into the float today? Close to 10 million shares traded on this today easily 10 times the next highest volume day and they could barely move it up a half a penny in price? Total dump fest today...
yep, it was ETRF again.
CLNO pump emails include etrade screen shots http://bit.ly/17P4akU and big bids are routed to etrade http://bit.ly/15Ze78J hmmmmmmmmmmmm
pretty incredible run though... from less than $.02 a month ago. All good things come to an end at some point.
On the daily emails, the screen shots included in each pump email are from the e-Trade Pro platform.
Then each day when those big bids come in, they are routed through market maker ETRF which are orders sent through e-Trade.
Hmmmmmmmmm.....
Exactly... I was watching the same thing. They were bidding it up getting people to chase the offer into the close then with a minute to go, their big bid got hit for around 20,000 shares so they canceled their bid. Just another manipulation tool... no way did they want to buy 200K shares of this at $.29 - $.30.
haha... that's an awesome trade. Congrats.
same people, same address, same phone number....
is NTEK headed to the moon?
for sure...this could still go higher but man it's up huge, and there seems to be some shady stuff going on between the promoters and the company. I tried calling the company number listed on otcmarkets.com and it goes directly to Crown Equity Holdings. This one has pump and dump written all over it.
Normally, I wouldn't care and I would just trade them but the SEC seems to be a little more motivated recently with the suspensions of BIZM and NORX. This one is on a much smaller scale but as that seeking alpha article suggests, the promoters and company insiders are one and the same. I have an inbox full of CLNO pump emails with no disclosure of the compensation, ownership interest, etc. That's just basic stuff that promoters need to do...
haha... the promoters and company share the same address. Only in penny land.
negative article out on CLNO - http://seekingalpha.com/article/1526572-is-cleantech-transit-worth-80-million
LOL... just wait until Crown Equity Holdings liquidates their position.
This image was taken from here - http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9359959
These sites have been sending emails on it daily since late February.
www.pennyomega.com
www.stock-pr.com
www.doubleinstocks.com
www.drstockpick.com
www.crwefinance.com
www.crweselect.com
www.bestotc.com
On the daily emails, there is no disclaimer listed and on their websites (the last time I looked), it states that "Crown Equity Holdings, Inc. is an affiliate of Cleantech Transit, Inc.".
Pretty vague disclaimer especially considering they own 144,000,000 shares per the company's recent filings.
They have done an outstanding job promoting this stock from sub penny to $.25+ in just a few months. Just thought it would be worth pointing out that the newsletters pumping this one own 100 million + shares that surely they will want to sell at some point.
You've been warned, don't get caught holding the bag...
Wowsers, this one is in beast mode! From $.02 to $.28. You'd have to have your head examined to not take some profits up here though... this one can be down 50% in a flash once the music stops.
Pretty sick chart right there.
Gap n' Ramp or Gap n' Crap?