North Spring Resources (NSRS) Warning: via Email from PumpsandDumps.com
PUMPs & dumpS Red Flagging DANGERS In The Penny Market We're On Vacation But We Wanted to Warn You...
A new Pump & Dump campaign on North Spring Resources (NSRS) has begun from the same criminal touts who brought you Amwest Imaging (AMWI). The AMWI pump brought tens of millions of dollars in losses as the share price dropped from $1.39 to .26 in two hours. We fear the same is in store for NSRS. Already, TD Ameritrade has stopped accepting new buys for this scam and other brokers are said to be considering similar action. This can only mean that the regulators are looking closely at this one and we implore you to be careful before jumping in. In our opinion, trading could be halted at any time.
Although we are on break for the holidays, we wanted to bring you this emergency message. We'll be back next week with a full report on NSRS and the other scams out there.
Speaking of AMWI, the stock has been downgraded to the pnk sheets and is now trading in the pennies. Just like we told you it would. Keep that in mind when considering NSRS.
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