Today’s Pumps: MDOR, BSTK, AEXP, GVBP, and CGCA
MDOR – Is my 2009’s biggest biggest pump and dump. It’s a pump and dump that just won’t go away.
The "Dump" stage of a penny stock
It is now being pumped by three newsletters very hard. Based on the last two major pumps of this stock, it is very close to its high before the dumping starts.
BSTK – Today’s newest Pump by “The Dean”. The Dean has a small but loyal following so his stocks normally creep up a bit, but don’t believe the hype and get out with a small profit FAST.
AEXP – Yet another oil and gas pump and dump. Oil and gas companies lend themselves well to pumps because there can always be a fluff news release about new well or land with potential. If you get up, sell because eventually they end up being dumped.
GVBP – Scariest pump of the week. This thing is set to drop off a cliff. The promoters are doing a great job keeping the stock price up so they can get out.
CGCA – Just in from the Stock Preacher – has a rep of pumping stocks that you should short if possible. This is not a good thing if you are a penny stock promoter.Also, two other newsletters jumped in at the market open. Expect a quick pump and a fast dump.
!!!! Meet me for beers and also learn about pump and dumps from the master Tim Sykes at his Las Vegas Seminar !!!! 3 days until seminar pricing doubles.
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About the Author: I have plenty of sites that talk about making money on the web. I figured it's time to start a site that talks about saving money on the web. After all, a dollar saved is pretty much the same as a dollar earned.