Looks like Janet Shell is hot on RTXBQ trail
RTXBQ a company currently being disposed of in the bankruptcy courts, became the newest ticker pretending to be dipping a toe in the marijuana industry. A benign announcement that the company had hired a director of the division which will pretend to sell hemp products through a website that doesn't even exist yet, is obviously designed to rid the insiders of some stock that had turned putrid long ago. It seems that those that love all things pot weren't buying into the BS, or at least hadn't heard it yet, because few paid attention. Of the few trades that did cross the tape, 91% were overpays.
The Nightly Recap: February 19, 2014 |
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Told ya so! Told ya so, told ya so, told ya so! Ever since we published our advisory on IMTC two weeks ago, we have been screaming, in daily tweets and our Nightly Recap that this ticker was well on its way to a halt. And, "Ta Da", today we were proven to be psychic with the SEC's announcement of 10 day trading suspension, "because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, IMTC’s business, revenue, and assets." Yeah, no kidding. Next stop for this ticker is the Grey Markets when and if it ever trades again. This is the second ticker in a row that was promoted by spam emailer, Stock Castle, to get the boot, and it looks like that stock pimp may be on its way to the ash heap, much like Awesome Penny Stocks before it. About $10 million in investor money is now sitting in limbo, well actually in the pockets of Stewart Irvine and company, never to be fully recovered. Ignore our warnings at your own peril.
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First time Pump & Dump subject, CELO, had a forgetable debut at the plate today. Flip Ventures, threw out the first pitch on this completely assetless scheme, and those that swung aimlessly at the knuckleballs offered, struck out as 81% of all trades ended the day as overpays* and collective losses topped $22K.
RTXBQ a company currently being disposed of in the bankruptcy courts, became the newest ticker pretending to be dipping a toe in the marijuana industry. A benign announcement that the company had hired a director of the division which will pretend to sell hemp products through a website that doesn't even exist yet, is obviously designed to rid the insiders of some stock that had turned putrid long ago. It seems that those that love all things pot weren't buying into the BS, or at least hadn't heard it yet, because few paid attention. Of the few trades that did cross the tape, 91% were overpays.
Today's big losers were found among traders of XTRM, another pretend participant in the "green gold" age. 77% of the 2,944 trades were overpays and collective losses crossed $550K. GS Media is the pimp who gets to take the fall for this day's trading farce.
Looking at tomorrow, one of 2014's biggest horror shows thus far, HKTU, resumes its Pump & Dump campaign, courtesy of the Rising Penny Stocks group of newsletters. Since the current campaign began just over a month ago, following a one for 1063 reverse split, the share price, set a course due south and stayed on it. Over the course of this campaign, shares have lost 92% of its value and we estimate street losses to exceed $9 million. We drew readers the blueprint of what was to come in an advisory last month.
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DON'T GET STUCK HOLDING THE BAG LIKE IMTC VICTIMS
TAKE ADVANTAGE OF FULL ACCESS AT HALF PRICE
On March 3, 2014, Pumps & Dumps is becoming a subscription based service, requiring a paid subscription and Log In credentials. Full access to the website and email alerts will be available at $179 per year. However, we are offering pre-registration for a limited time at $89, half off the regular subscription rate. Pre-registrants will also get bonus trial subscriptions to Promotion Stock Secrets and How to Find Big Stocks, both invaluable services to those active in the microcap markets. Click on the image below for more information.
Promoted Tickers Closing With A Majority of Overpays*
AXXE BCST CELO CHLO HPTG LIGA MONK NCGI RTXBQ XTRM
Promoted Tickers Closing Below The Promotion Launch Price
BCST HPTG NCGI OGNG PGLO RTXBQ
Promoted Tickers Whose High Trade Occurred Before 10:00am
AXXE BCST CELO CHLO MONK MTST NCGI OGNG POIL PSID
RTXBQ
Promoted Tickers That Closed Down From Previous Day's Close
BCST HPTG IMTC NCGI RTXBQ XTRM
See the details on The Nightly
* trades at prices higher than the stock's closing price
The Nightly is published every evening after the market closes and is an analytical chart of the trading in stocks which have been promoted that day.
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