Other Side of the Coin

[skytrades]

Here is the list of good facts provided on CBAY,plus I can add on to the list now.

- IR promised 10Q out before E added and they failed to deliver
- CEO through a public PR a week before 10Q is due that it will be out the next week
- SEC is looking into company on acquisition AUDITS, "how can any company forget the important rule of accompany 8ks on acquisition events unless they have nobrain"
- Another missed schedule on the promise of 8k last week.
- OS increased to over 115m, another what 30m in less than a month, 22m-115m in around 3 months

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Good post from "iamtoocute" of HSM:
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Thanks fireopal, re-edited my evaluation with Guapo's post. CBAY meets almost all the points.


Quote:
Great post by Spectre and Guapo regarding stock scams, check CBAY with the list.

* - Late filings (Another late 10Q filing)
* - Heavy Dilution (OS increased 3fold in a few months even during buyback and still increasing daily)
* - Blaming Low Stock Price On Shorted Stock. (September 27th pr, blame downward pressure on shorts, but never mention dilution)
* - Company Executives Pumping There Own Stock (How many fluff PRs out in between and PPS runs a little then down)
* - Questionable O/S and Float (OS increasing everyday)
* - Inaccurate SEC Filings (Keep fluffing and inflating fake assets on filings)
* - Constant Company Delay’s (Always move slower than everyone else, remember the NOBO list? Others orderd 2 days ahead and received 2 weeks erarly)
* - Previous reverse splits, stock symbol and company name changes, sometimes accompanied by changes in the business they’re in (1 for 25 RS last December)
* - CEO~s with past histories that indicate they were involved in previous pump and dump schemes (Pawson, billion shares after the smokes cleared, IDFR)
* - CEO~s with past histories that indicate they were involved in previous pump and dump schemes (Pawson is also involved with GWDB)
* - Company executives spending a lot of time doing other things than conducting business (Using shareholder money to finance a Nascar racing team)
* - Companies that hopscotch from one business to another (Check Business description under their last filing, they have been hopping from business to business)
* - PR~s containing weasel talk (Read their financial statements and fluff PRs, always inflated property values upong acquisition and contract numbers)

Here's link again to Guapo's post:
http://www.hotstockmarket.com/forums...=36435&page=12


Quote:
I have been getting this question asked of me quite a bit in the recent weeks. “How can you spot a stock scam?”
The answer is, there is no clear and cut way to spot a scam. Obviously the better the scam, the harder to spot. Below is a list of things to look for in stock scams. The list is in no particular order and are more or less just red flags to me that may signal a scam. Just having one or two red flags is a sign of caution to me. More than four and I stay away from it, although I still might “trade” it if Momo is there.

- The company makes many promises but never delivers. Examples: Dividends, To Move Exchanges, The Stock Reaching a Particular Lofted Price
- Late Filings
- Heavy Dilution
- Heavy Pumping and Cheerleading
- Blaming Low Stock Price On Shorted Stock.
- Checkered Past by Company Executives
- New Stocks That See Quick Price Jumps and Declines
- Company Executives Pumping There Own Stock
- Failure to Meet SEC Rules and Regulations
- Questionable O/S and Float
- Inaccurate SEC Filings
- Broker Restriction on Buying and Selling
- Heavily Spammed Stocks
- Constant Company Delay’s
- No Record of Revenues or Profit for Companies that Have Traded for More Than 6 Months
- Promises of Financial Salvation
- Company Focused on Stock Price and Not The Business
- Halted Trading
- It Seems To Good To Be True

These were just a few off the top of my head. As I think of more, I will add them to the list.