Lets do some basic fact checks here and just a tiny bit of putting a few in some context. This will mostly even ignore that people couldn’t buy or sell any where near the stated prices. It won’t even go into detail how the largest gain claimed should best be reflected as a call at the top and all the down for an 80% loss (ENKG).
“Over 3100% gains called here this week!!! “
The post details picks over 2 weeks and not one. They total 750% and 1495% for a combined total of 2245%.
“RYPE 15-12g filed!!!!!!! .002-.0096 = 750% gains”
The numbers presented above only account for a 380% gain and not 750%. The actual high and low for the day are .003 and .0089 and that is a maximum 197% gain. So even if one got the absolute high and low for the day, the stated gain on this “call” is overstated by almost 300% or 553 percentage points. Thus 74% of the stated gain could not even have possibly occurred no matter what.
“ ENKG .0005 name change news = .0007-.0075 = 1100% gains”
The numbers presented above only account for a 971% gain and not 1100%. Most importantly is one reading posts by this person can state he called the stock as a buy at .0075 (and all the way down from there) and it went to .0013 or a loss of over 80%.
“GSPT name change coming friday .0035 - .009 = 160% gains”
The stock was already at .006 before this “call” and in the 30 minutes before that “call” the total dollar amount of all trades was around $500 dollars. From that point forward, one would be fortunate to have sold for a .001 cent gain and may well have had to take a loss.
“DTTO Huge find! Contract just signed with the state of PA and facilitated by Dell! .006 -.027 = 550% gains “
The numbers presented above only account for a 350% gain and not 550%. This “call” is overstated by 200 percentage points. Thus 36% of the stated gain could not even have possibly occurred no matter what.
The stock was already at almost .01 before this “call” and minimal volume occurred before .01. Don’t forget you had also called this stock a buy at 12 cents all the way down to 3 cents.
“CNUV China Nuvo Solar, Inc. Announces Corporate Name Change to SurgLine International, Inc. .0012-.002 = 80% gains”
The numbers presented above only account for a 67% gain and not 80%. This was a pre-market “call” and the stock opened at .0013. A few printed at .0012 after that but can’t be considered. The high was only .0019. Therefore the maximum gain could only be 46%. One actually would have been lucky to get half of that.
“CHAG NEWS .02-.04 100% gains”
This may be the most amazing improper tout ever. Total volume here was only 145,000 and the dollar amount of all trades for the day was $3,948.
Only 28,000 shares traded at 2 cents in the morning. Only 8000 shares traded at 4 cents. 24,000 shares were sold at 2 cents is 2 of the last 5 trades of the day. All other trades were at 3 cents. The bid for most of the day was at 2 cents. So the best thing in the world that could have happened is one person might have made $280 before commissions or 50% and anybody else would have lost money or they hold a stock they can only sell for a large loss.
AI
