UPDATE: This pump turned into a dump 5 minutes before I posted this article on www.timothysykes.com, seriously I can’t make this stuff up, look at the chart, this is how these things end (which is why I get to the party a little early), anyway just to be safe, I’ve covered my 4000 shares at $3.20 for a $2,500 gain, TIMalert subscribers have made $20,000 so far…I may re-short later today, but after being down a bit, this profit feells goooood, meaning I’m up something like $10,000 this week
HERE and learn about this!is today 1-2PM EST,
Less than a week after one of the greatest pump & dumps of all-time in Genova Biotherapeutics, Inc. (GVBP), we have yet another one in Emergent Health Corp (EMGE).
As I told TIMalert subscribers early this morning (yup, the stock’s falling as I write this meaning it’s probly too late to find shares to short or to act on this, gotta signup to TIMalerts to get real-time trade alerts!:
Reminder, tune in here, we’ll def. be talking about this on…Shorted 4000 EMGE near market open at 3.88…could be a bit early, but not risking missing this…shares available at Thinkorswim all morning long…(I’m telling you available shares to short go back and forth between & all the time) Rarely do we get blatant pump & dumps in the magnitude of GVBP, but EMGE tops it not because the $ volume is that great, only about $10 million worth/day, but because the stock price is higher so I think I can make $1+/share within the next few hours/days as the constant hyping from penny stock promoters subsides and the facts are revealed. As per StockPromoters.com, the promoters ending millions of emails and posting thousands of message board posts have been paid substantially:is 1-2PM EST,
WILD BILL $100,000.00
MONSTER STOCK PICKS $100,000.00
Penny stock Perfection $150,000 cash
Wise Alerts $25,000 for a one week program on EMGE
At current prices, this is a $75+ million company that makes $20,000 every six months on revenues of $90,000ish, unaudited, as told to us by the company’s president, treasurer and CFO John V. Cappello in this SEC filing whose formatting looks like that of Microsoft Word (not typical lawyer formatting, probly because this is a one man operation and he make $20,000 every six months by not using any lawyers!)
John V. Cappello wants us to believe they have magic vitamins that could lead to $20million in profits, as he envisions" in this outlandish press release, despite sales of not even $100,000. John V. Cappello also lost his license to practice osteopathic medicine in EMGE’s home state of PA because he had disciplinary action taken against him…read it in this easy to find PDF when you Google his name.
But most importantly, i short this stock because due to all the stock promotion, its runup 3 days in a row from $1 to $4ish and most pumps start failing right about now, potential 50%-GVBP-type collapses intraday or in the coming days…supreme risk-reward shorting up here, my goal is to make $1+, possibly even $2+ on my short
To be sure, I was early…I got waaaay too excited with how shady this now $85 million company with $90,000 in revenue and $20,000 in profits is, especially when they distribute PRs saying their revenue has doubled (to $180,000?!?!?!) and that means “Continued progress is anticipated and based upon it reaching the $100,000,000 sales mark at some point in the future, plus maintaining its current profit margin, profits of up to $20,000,000 could be achievable with appropriate capital and market penetration.”
EMGE’s “revolutionary” 2+ year old patent talks a lot about the health benefits of algae:
A broad spectrum functional food formulation based on blue-green algae and concentrated extracts of blue-green algae provides numerous health benefits when orally administered in therapeutically effective amounts. Whole aphanizomenon flos-aqua is combined with concentrates of phycocyanin and phenylethylamine to provide a life-enhancing dietary supplement which can stimulate stem cell production, elevate mood and reduce inflammation and joint pain.
But as anybody whose researched this sketchy space knows there have been tons of pyramid schemes in the past claiming the very same thing. Unfortunately, scientific and academic studies don’t concur with John V. Cappello’s medical thesis (not surprising considering he lost his medical license!):
Algae products contain no nutrients that are not readily available from food or ordinary dietary supplements that cost much less. Studies performed in countries where malnutrition is common have shown that administering spirulina (as food or tablets) can correct deficiencies of the few nutrients that spirulina contains. However, the commercially marketed algae products have no proven value for treating obesity or other human health problem, and some may contain potent toxins.
I could go on and on, but why, you can see from the stock chart that this is a blatant pump & dump and if you learned the lessons in my PennyStocking instructional DVD package, you’d be banking alongside me
Posted in Manipulation