the OTC .today

Tuesday, June 7, 2011
Today's PUMPs & dumpS

Two of yesterday's biggest  Pumps & Dumps were foiled yesterday by our singling out of their schemes.  Adama Technologies (ADAC) took a 50% hit as those who paid heed to our advisory stayed away from the stock in droves.  Insiders were forced to take drastically lower than expected prices for their stock as they were joined at the exits by recently added shareholders.  We figured that insiders still took a significant piece of the almost $750,000 generated through the sale of stock as volume was 10 times the average volume of the last 10 days.  So let's call this Pump & Dump a mixed success as insiders generated cash, but much less than anticipated.

Similarly, insiders of Max Media Group (MXMI) had to settle for disappointing returns as only $261,000 worth of trading took place during an almost 30% decline in the price per share.  We believe that our advance warning, which was issued the evening before the market opened for the week, impacted the scheme.

We're sure that the insiders of both of these companies will soon take another stab at having you eat their paper, but they are quickly figuring out that there's a new Sheriff in town.  It has become apparent that Forex International (FXIT) has tempered their P & D plans pending the release of our findings.  Look for them to counter with a modified effort explaining our irrefutable advisory.  We say "explaining" because there will be no way to refute the easily confirmed truth.

Alert: 
At least three paid touts are sending emails promoting FTEC.
We classify this as a pump and dump. 

Alert: 
At least one paid tout is sending emails promoting MXMI.
We classify this as a pump and dump. 

Alert: 
At least one paid tout is sending emails promoting BDCM.
We classify this as a pump and dump. 

Alert: 
At least three paid touts are sending emails promoting BZRT.
We classify this as a pump and dump. 

Back to main page