Thanks to Chris Lahiji and his LD Micro conference last week for making such a list possible:
Some companies with which we are very familiar:
Electronic Game Card, Inc. (EGMI)
Tix Corp. (TIXC)
Broadcast International, Inc. (BCST)
GC CHINA TURBINE CORP (GCHT)
Local.com Corp. (LOCM)
CombiMatrix Corporation (CBMX)
Sparton Corporation (SPA)
Why are they all shorts?
Well, because as evidenced by their telling SEC filings, their ugly financial reports (don’t be fooled by the few that have “good looking” statements, if I had the time and the desire I could poke holes the size of skyscrapers and find enough skeletons to fill a cemetery….lucky for these carcass companies I don’t) and their constant need for cash to stay in business, they are laughable examples of the worst publicly traded companies in the world.
But I write this post so you can better understand: ALL PENNY STOCKS ARE DIGUSTING, DETESTABLE WANNABE CORPORATIONS PROMOTED BY THE MOST UNETHICAL GREEDY AND MANIPULATIVE SOBS YOU’LL EVER MEET.
And ALL 64 of those tickers are potential shorts, as my instructional DVD packages teach, ONLY when they’ve been promoted and pumped up enough to give good entry prices…and TIMalert subscribers will know within seconds of me shorting any of these turds. (I might also buy if anybody can prove to me they are competent promoters capable of multi-day pump & dumps)
Now I have nothing against Chris, he’s a nice guy and we used to chat quite a bit when I was knee deep in my Cygnus position (the kind of crap company all these other ones are too), but he and everyone else who attended this conference knows these companies stink…it’s just a question of when the pumping will stop and the dumping begins.
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