HLV Trading Corp. (fka HLVC)

[fatbacker]

Technically they are not a new trading company. They had just changed their symbol and company name. They have been around for 1 1/2 years now and I believe that they had changed their symbol name before HLVC as well. The fact is that this stock is a scam and you just have to learn to play the dips and make your money that way or stay away completely.

Why do I think it is a scam? Well, first they go from being a type of broker that allows you to use trade under their company license and then they are all of the sudden going into oil?!?!?!?! That is a red flag right there. Also if you google the CEO's name you will see that he has been under scrutiny for his tactics. Pink sheets have not accountability to be honest and therefore that is were the wolf packs gather waiting for sheep to flock.

Also another way to start up a company is by merging with a shell company. That is where a company merges with another company that already has a symbol and that way they do not have to pay all of the fees of an IPO. Then at some point they may do a spin off and you will recieve shares of that company as well as the ones you already have.

If you are bag holding I can only suggest that you try and average down and bail out and use your money more wisely. I for one have all but stopped trading pink sheets and stick to otcbb stocks or higher. I do an occasional pink but only for day trades or at the most a few days.