Friday, December 21, 2018 3:53:32 PM
It?s been a slow week in the pump and dump business? and it shows since we?re seeing NOUV pumped yet again. Apparently, there are not enough new clients coming in to pay for pumping, so the stock promoters are hitting up their old favorites (must be the summer holiday).
Global Market Media, LLC is the owner of 24-7 Stock Alert, Penny Stock Pros, and Penny Stock Club websites. They were each paid anywhere from $5,000 to $35,000 to hype up shares of NOUV.
We exposed the pump and dump scheme a few times in the past? first as HRID, and again as NOUV.
The biggest problem we had with the company (besides the paid pumping) was they used to be in the bio-fuels business. They were attempting to convert organic waste into fuel. Obviously, that didn?t go as planned.
So they became a ?pharmaceutical? company named Nouveau Life. Their primary product is an ED supplement (a cheap Viagra-like remedy).
In June, we pointed out the pump dump being run on the new ticker symbol, NOUV. Back then, the stock was trading at $0.02.
So how have they fared over the last month? See for yourself?
Nouveau Life Chart
Clearly, the continued pumping isn?t helping one bit as shares have shed over 50% since our last alert.
I?d like to think our work exposing these schemes is keeping pumpers from being paid off. As long as investors avoid stocks like NOUV? we?re getting the job done!
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