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Wednesday, June 22, 2011 12:53:18 PM
June 22, 2011
Well we were again able to help stop Darryl Reed's latest attempt at a Pump & Dump of Next Generation Energy Corp (NGMC). Subscribers received a half day's advance warning of the pending promotion and sure enough an hour later, paid touter, Epic Stock Picks, sent out an email to its subscribers. The P & D was an unmitigated disaster as only 78,000 shares traded and the stock ended down 28% . That was an even worse performance that the effort in April when we first issued our advisory on NGMC. In the past, the company had promised callers that its lawyers were in contact with us and that they were going to sue us if we didn't retract our truthful advisory, but of course that never happened. You cannot sue one for telling the truth and we have never heard from any lawyer.
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, SUFF, JCOF, MSOA, BZRT, FRXP, IPRU, BGBV, BRKM, RYUN, SPCK, BDVI, NUVM, HMNC, EFRDF, HPGS
Be careful out there!
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