PUMPs & dumpS
Red Flagging DANGERS In The Penny Market
June 22, 2011
Another group who has learned that there is a new sheriff in town, are the Pump & Dump specialists and international con artists who run Forex International Trading (FXIT). That stock is in limbo ever since we issued our advisory, which has attracted the attention of several foes of Messers Attia and Schnapp who have contacted us for more information. Google Analytics informs us that our advisory on FXIT received significant attention in India, Hungary, France, Germany, China and of course Israel, home to two of the three stooges behind this scheme. As we were writing this alert, FXIT issued a press release which in effect said nothing new but may be a prelude to a new promotion designed to relieve insiders of their money.
Alert:
Multiple paid touts continue to aggressively send emails promoting CLNO.
We classify this as a pump and dump.
Alert:
Multiple paid touts continue to aggressively send emails promoting POTG.
We classify this as a pump and dump.
Alert:
Multiple paid touts continue to aggressively send emails promoting AAST.
We classify this as a pump and dump.
Alert:
At least one paid tout is sending emails promoting FGLD.
We classify this as a pump and dump.
Alert:
At least one paid tout is sending emails promoting NGMC.
We classify this as a pump and dump.
Alert:
Spam emails are being sent promoting LOGL.
We classify this as a pump and dump.
Alert:
At least one paid tout is sending emails promoting SRGL.
We classify this as a pump and dump.
Alert:
At least one paid tout is sending emails promoting MSMY.
We classify this as a pump and dump.
Alert:
At least one paid tout is sending emails promoting SHMX.
We classify this as a pump and dump.
Continuing Alerts:
IWEB, MXMI, SUFF, JCOF, MSOA, BZRT, FRXP, IPRU, BGBV, BRKM, RYUN, SPCK, BDVI, NUVM, HMNC, EFRDF, HPGS
Be careful out there!
