the OTC .today

Thursday, October 6, 2011
Today's PUMPs & dumpS

Thomas Edison, Henry Ford...Steve Jobs

We're saddened about the death of Steve Jobs who we believe will be remembered as one of the true innovators amongst American inventors.  Mr.. Jobs changed the way we compute, listen to music and commute and will be long remembered for his contributions to the new Industrial Revolution.

Plenty of regurgitated Pump & Dump schemes out there for people who didn't learn their lesson the first time.  Amongst them are MC Endeavors (MSMY) which is undergoing its third campaign of the year.  Bag holders from the last campaign are currently suffering through 66% losses, while those that bought stock in the first campaign, last June, are now down 83%.  There is no reason to believe that new shareholders will experience any different results.

Similarly insiders of Next1 Interactive (NXOI) are looking to add to the suckers that inhaled insider stock during the last campaign just six weeks ago.  Within that short period of time, investors in NXOI are enjoying up to 80% losses.

We are particularly amused by the touts' recent emails hailing shares of Portage Resources (POTG) that are "available at a discount".  Yes they are, and those buying stock today can lose less money per share than those who bought stock just three days ago. 50% less in fact.  You have to hand it to Paul Luna.  He keeps finding fools to buy into his pure fairy tale of a story.

Shareholders of Nyxio (NYXO) are really starting to take it on the chin with some down as much as 40%.  But that doesn't keep the touts from trying to pimp more insider stock because as P.T. Barnum once said, "There's a sucker born every minute".

Shares of AER Energy Resources (AERN) are predictably heading lower in spite of several new touts who were brought on board to keep this non-story in the public eye.  We are in awe of the guts it took to start pumping this thing before it put out its first press release in 8 years.  Still plenty of shares are trading and the insiders are bid whacking with abandon because they are, of course, giving up nothing.  AER is selling air.

Speaking of companies who do nothing, plenty of touts have been retained to pimp the shares of Itonis, Inc. (ITNS).  This is another company which trades on air, as evident by their own press releases.  To whit: 
"...now operates as a holding company and is undergoing a transformation in 2011 to embark upon an aggressive plan to acquire high growth entrepreneurial companies that have established or are expected to establish themselves as leaders and/or successful enterprises in various market niches."
What the heck does this mean and how in the world does this company qualify for a $20 million market cap?  But hey, at least they've announced that they're looking to uplist to the Bulletin Board. After all, we've never heard a pink sheet scam say that before, have we?

Since Wednesday's close: 

PennyStockSecret.com has been promoting GETH in conjunction with a new promotion. 

TheStockWizards.net has been promoting XCHC in conjunction with a new promotion. 

BeaconEquity.com has been promoting VRNG in conjunction with a new promotion. 

HotStockProfits.com has been promoting MSMY in conjunction with a new, but repeat Pump & Dump campaign. 

WallStreetHustler.com and at least 6 other paid touts have been promoting NXOI in conjunction with a new, but repeat Pump & Dump campaign. 

StockProfessors.com and at least 2 other paid touts have been promoting FLRE in conjunction with an ongoing, promotion.

GrowingStockReports.com and at least 1 other paid tout have been promoting MDBL in conjunction with a new Pump & Dump campaign. 

OxOfWallStreet.com and at least 10 other paid touts have been promoting AERN in conjunction with an ongoing Pump & Dump campaign. 

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

Xtremepicks.com and at least 1 other tout have been promoting IFHR in conjunction with an ongoing, promotion.

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

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

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

OtcPicks.com has been promoting GCLL in conjunction with an ongoing Pump & Dump campaign. 

PennyStockNewsletter.info has been promoting BHRT in conjunction with an ongoing Pump & Dump campaign. 

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

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