On Friday, TIMalert subscribers were sent this:
Shorted 3000 Atlantic Wind & Solar, Inc. (AWSL) at $4.10ish because its the latest Genova Biotherapeutics, Inc (GVBP)/ EMERGENT HEALTH CORP (EMGE)-like blatant pump & dump…$130 million marketcap, ZERO revenue, $32,000 in cash, nearly a dozen penny stock promoters have been pumping this up the past few days, I’ll do a whole research report over the weekend, for now, just look at one of them for evidence, PennyStockChaser, a promoter so dirty that even other promoters look down on him from what I hear, you can see all his various compensation HERE and be sure to look at how ALL those other stocks he’s promoted have done after he’s dumped his shares:
AWSL:140,000 shares free trading by Third Party
He’s also behind recent pumps like MEVT and PLMO, this one has a great chance at being halted meaning I could make $3+/share, risk is 50 cents/share as I’ll cover into high volume breakout, or maybe just add to my position since this is such a stinker…man oh man, this one is too easy, glad Thinkorswim had shares to short!
Pretty bad, but it’s actually even worse since I mis-typed, AWSL’s latest SEC filing says they have ZERO cash…and ZERO revenues…the $32,000 is how much in quarterly losses they have (ZERO cash and $32k in losses, how are they in business??!?!?! Something missing in your statements guys) and if you go to that PennyStockChaser disclaimer website and type in all the tickers he’s promoted, you find that they ALL drop 50%+ and the vast majority drop 90%+ off their pumped up price highs.
Given the $3.50 Friday closing price, TIMalert subscribers and I are already sitting on 15% profits. But looking at AWSL’s pump up chart:
…I still expect the stock to fall 50-90% from its pumped up highs (in accordance with other PennyStockChaser.com pump & dumps), yielding a target exit price of anywhere between $2.50 and 50 cents/share…SEC halt is also possible if it follows the SPNG/EMGE/GVBP pump & dumps.
In addition, PinkSheets.com, not the most reputable quotation system out there in the first place, already senses the shadiness here, on Friday demoting AWSL to “Caveat Emptor”, or “buyer beware” status with their famous skull and cross bones logo explaining their reasoning:
Pink OTC Markets has discontinued the display of quotes on pinksheets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons:
Questionable Promotion — The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public.
Spam — The security is the subject of spam promotion having the effect of encouraging trading of the issuer’s securities.
Investigation of Fraud — There is a known investigation of fraudulent activity involving the company, its securities or insiders.
Suspension/Halt — A Regulatory Authority has halted or suspended trading for public interest concerns (i.e. not a news or earning halt).
Disruptive Corporate Actions — The security or issuer is the subject of corporate actions, such as reverse mergers or serial stocks splits and name changes, without adequate current information being publicly available.
Unsolicited Quotes — The security has only been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public.
Other Public Interest Concern — There is, in Pink OTC Markets’ view, a public interest concern.
Consequently, Pink OTC Markets has removed the quotes from this website until adequate current information is made available by the issuer pursuant to Pink OTC Markets Guidelines for Providing Adequate Current Information (PDF) and until Pink OTC Markets believes there is no longer a public interest concern. Investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page for more information.
Only the worst of the worst get that slapped on them…
Of course, Thursday after the market close AWSL issued a dividend…yup, the company with ZERO cash and ZERO revenues and denoted as “Caveat Emptor” meaning buyer beware by PinkSheets.com, the sketchiest quotations system around, issued a dividend…just meant as a last ditch effort to keep their PUMP & DUMPED stock from falling off a cliff…yup, the company with ZERO cash and ZERO revenues is the subject of massive email campaign by PennyStockChaser.com…a stock promoter so dirty that even other stock promoters think he’s a creep! (he’s not listed on StockPromoters.com)…thank God for this last PR, it gave me some nice fleeting strength to short sell into…just wish I had been more aggressive.
It gets funnier, type in their Yahoo! Finance listed headquarters of 3109 Grand Avenue, Suite 484 into Google maps street view and we discover it’s not a company headquarters at all, instead its a UPS store! So is their “suite 484″ really just a UPS Box #484? Hmmmmm, the guy I talked to said yes and a few other people said they talked to someone who said yes, but I’m not 100% convinced as a UPS employee with an accent is not exactly the most reliable source. So I’ll say there’s a good chance this is true, but the jury is still out.
Anyway, here’s the 3109 Grand Avenue UPS Store:
I called that UPS store and the employee confirmed the address….busted! Sketchyyyyy
I’d love to debate ANY of these facts with any promoter or sucker ANYTIME. As it stands, I’ve predicted 3 SEC trading halts in a row, GVBP, EMGE and SPNG, and this one is waaaaay up there as the next potential halt…which would surely yield me a profit of 50%+ if and when the stock reopened just like SPNG, EMGE and GVBP dropped 50%+ when they reopened.
DISCLOSURE: SHORT 3000 SHARES AWSL AND LAUGHING AT HOW MANY RED FLAGS THIS COMPANY HAS…ANYBODY SUCKED INTO THIS THING SHOULD DROP EVERYTHING AND WATCH MY STUDY GUIDES SO AS NOT TO BE SO EASILY SUCKERED NEXT TIME…MAYBE EVEN LEARN THE SHADY STOCK PROMOTION GAME SO YOU CAN PROFIT LIKE MY TIMalert subscribers AND I DO.
Posted in Breakdowns, Manipulation, Short Selling