the OTC .today

Friday, October 21, 2011
Today's PUMPs & dumpS

Is Rhino Human Resources, Inc The Subject Of A Criminal Manipulation?

We got rather tired of twin touts XtremePicks.com and OurHotStockPicks.com blaming the lukewarm reception to Rhino Human Resources, Inc (IFHR) 3 week old Pump & Dump campaign on shorts, so we decided to take a look.  First we'll say that the twins have done a nice job of pimping the stock up to its current levels and holding it there, albeit at volumes valued at $20K - 30K per day.  However, in the three week period, the stock has traded only about 3.4 million shares or just under $500,000 worth of stock.  Since almost every share was owned by the insiders before this Pump & Dump began, it is not hard to figure out who the sellers have been.

On the subject of shorting, uh no.  There has been no extended shorting of IFHR, partially because none is available to short and that's because it is hard to borrow.  As we said, the insiders owned most of the stock when this campaign began and they've been the majority seller.  The biggest caterer to the penny stock shorter, Interactive Brokers has zero shares available to short, as can be easily confirmed by going to their website.  Market makers may have provided stock to buyers and taken a temporary short position, but those trades are quickly made up (as they must be) with buys, albeit usually at lower prices.  So what does this all mean?  It means that the touts are lying in an attempt to cover up the insiders' sales.  Website ShortSqueeze.com reports a grand total of 100 shares short on IFHR.  The complete truth of the short position will be revealed on October 25, when reports of short positions as of October 14 will be released by FINRA, but for now, we challenge anybody claiming a street shorting of the stock to reveal where one may short it.  at any rate, with volumes of $20K - 30K per day, shorting can hardly be touted as the reason for this stock's lackluster performance.

The mass disinterest in IFHR may also be attributed to the fact that the company has not put out a single solitary press release in 13 months.  In fact, the company has not filed anything with the SEC in 3 years and is on the OTC Markets watch list, warning that there is no information available on the company.  The entire promotion is based on the fact that the company may be taken over in a reverse merger.  We believe that this speculation may have been kindled purely for the purposes of devious behavior designed to line the pockets of the insider and/or touts.  At any rate, we are reporting the promotional activities to the SEC, FINRA and the DTC for their consideration.  We suggest that you stay far away from this one.

The four day old Pump & Dump campaign on Strategic Mining Corporation (SMNG) gets turned up a notch with the addition of EpicStockPicks.com to its slate of promoters.  The promotion, which began on Tuesday has thus far generated about $250,000 in trades while trading in a pretty tight range.  The company is touting its Vietnamese gold play and reporting some pretty heady test results that seem beyond reason, especially for a penny play.  The promotion is reminiscent of Portage Resources (POTG) and its insane lies that created unbelievable wealth for company insiders.  While the SMNG campaign is not at the level of the POTG promotion (yet?) we believe that investors can get just as hurt by falling for such preposterous reports.  Don't forget, some investors in POTG are suffering through 90% losses.

SMNG reports having $248 in the bank, so we're not sure how the company is paying for all of these purported exploration and testing activities it reports, but we feel that if the prospect was even half as promising as the company would like you to believe, junior venture partners or even the majors would be lining up with open checkbooks. To date, none have been reported.  What we do know is that company has a market cap of at least $ 6 million and seems a long way away from being able to justify that.

Sky Power Solutions (SPOW) current Pump & Dump campaign continues to create shareholder losses, now at 30% since its inception 3 weeks ago.  Shareholders who jumped in during the July campaign are down as much as 70%.  This is not surprising since the company last reported having less than $200 in the bank but debt of $6.5 million.  We'll also note that latest financials are now way overdue and the company is in danger of getting "E"ed.  Still the insiders continue to press the issue by bringing 3 more touts on board to pimp this mess.  At a $150 million+ market cap, we'd pass.

Since Thursday's close: 

HotStockProfits.com has been promoting SRRL in conjunction with a new promotion. 

ActualGains.com has been promoting CAMS in conjunction with a new Pump & Dump campaign. 

WallStreetHustler.com and at least 2 other paid touts have been promoting THWI in conjunction with a new, but repeat promotion. 

StockProfessors.com has been promoting EMPM in conjunction with an ongoing Pump & Dump campaign. 

EpicStockPicks.com has been promoting SMNG in conjunction with an ongoing Pump & Dump campaign. 

BestDamnPennyStocks.com and at least 4 other paid touts have been promoting EVGI in conjunction with an ongoing Pump & Dump campaign. 

BestOfOtc.com and at least 3 other paid touts have been promoting SPOW in conjunction with an ongoing Pump & Dump campaign. 

OtcPicks.com has been promoting LSTG in conjunction with an ongoing, long term Pump & Dump campaign. 

Xtremepicks.com and at least 1 other paid tout have been promoting IFHR in conjunction with an ongoing, Pump & Dump campaign.

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