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With hardcore penny stock promoters like Jarret Wollstein disappearing and the PennyStockChaser alleged scam and the alleged Investsource fraud getting shut down and all-time great alleged pump & dumps like SpongeTech Delivery Systems Inc. (SPNG) also crashing and burning, it’s time for a new ring of circus freaks to take control of the gutter that is the penny stock market.
2 newsletters have far and away distinguished themselves to earn the first two coveted spots on The P Team:
Stansberry Research aka Pirate Investor aka Porter Stansberry & friends aka Agora Inc. (see a pattern?) has already been fined $1.5 million by the SEC for “unbelievable claims without a shred of confirmation”, but their MANY newsletters cost thousands of dollars, yes, thousands of dollars each, so they keep churning out picks, the latest pick and flick on the carcass that is Nautilus Minerals Inc. (NUSMF) (which I profited $2,000 on short selling as the P dropped 25%+ in two days, and is still dropping, in accordance with the patterns and rules outlined in my 10 instructional DVDs executing a perfect P, as exposed by Stock Gumshoe, by use of phrases such as ““We’re received report of a major gold discovery… in a location you’d never guess in a thousand years…” and ““That’s right, it’s underwater! and “… About a mile below the Pacific Ocean, in a region called Melanesia…“There’s an incredible amount of gold and other rare metals such as silver, copper and zinc. “Billions of dollars worth. “And one tiny company may soon have the rights to mine and produce it….
This isn’t close to the first time Stansberry has used such questionable “research”, another one of their P’s I short sold a while back was wannabe fat curer Arena Pharmaceuticals, Inc. (ARNA) which was a biggggggg P created with the help of a naive CNBC and by such phrases as “This is the kind of situation that can change your life… where a $10,000 stake can allow you to literally quit work, forever.”- Porter Stansberry, Founder, S&A Research
ARNA didn’t work out and the stock dropped 50%+ within a few days. TIMalert subscribers and I cleaned up all thanks to the tremendous efforts of The P Team member #1.
But enough about that dude, let’s get to The P Team member #2: M.E. Garza of BiomedReports, one of the 5 worst reviewed financial products out of 4,500+ on Investimonials!
Subscribers to my 4 newsletters know Garza has made a big P out of one hot penny stock and by the time you read this, I may be short this bigggggg P, but only subscribers to my 4 newsletters will know and at the time of writing and publishing this article I am not yet short, I want him to P it even more!
After all, some of his past Ps have been excellent shorting opportunities, namely Positron Corporation (POSC) which he infamously touted with nearly a dozen text messages in just a few day period:
bmr.com:Alert: Sources tell BiomedReports that POSC has scheduled a news conference. Announcement pending.
bmr.com:Alert: POSC news conference will be held at Nasdaq Market Site according to those sources.
bmr.com:POSC will not deny that news conference will be announced by Monday.
bmr.com:Alert: If POSC news conference is announced by Monday, dramatic rise in stock price is expected.
bmr.com:BiomedReports stands behind these reports 100%. Shorts will have to cover!
bmr.com:Alert: POSC’s big news conference will be officially announced on Monday. Full details at BiomedReports.com
Sadly, nothing big was announced and the stock dropped the typical post The P Team pick 50%+ within a few days and my subscribers and I cleaned up as I profited several thousand dollars alone, but infinitely more in spiritual terms given that I saved a few hundred people from this P and exposed Garza for The P Team member extraordinaire that he is.
Given POSC’s shady-as-a-penny-stock-promoter couples photo (see ugly photos) management team, the infamous Rooney family, you would think Garza would know better, right? But living up to his full The P Team worthiness which places the Big P ahead of everything else, morality, ethics, responsibility, etc., he ignored the ugly facts, instead choosing to craft a beautiful story that even a child could believe.
This is just the first round of draft picks for The P Team, stay tuned for future P superstars, the kind of role models our children can truly look up to!
Posted in Penny Stock Scandals, SpongeTech, Stock Promoters, The P Team
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