$BLUU – WELCOME TO OUR PENNY STOCK GRAVEYARD
Post# of 487
***Is the title of an article you will find HERE . I'm so sick of hearing paid, unfounded bashing with nothing to back it up "doom & gloom" style from morons like sourcingstocks.com, hotstocked.com, StockdungU, and alien42, to name just a few. Of course there were some "shaky hands" that chose to sell after the 10K was released (they didn't know the real story and probably encouragement from these bashers helped sway their decision to sell) but the last laugh is on them, because everyone who stuck to their guns is going to get dividends and all the rewards the come with it. Their methods are straight out of the Stock Basher's Handbook and I noticed their favorite method is a repetitive mix of attempting to equate 2 things that have nothing to do with each other to reach the conclusion that BLUU shareholders will go down in flames. Here's the rest of the bullshit article, for your enjoyment.***
It certainly is good for our ego when we are proven to be right. We love to post warnings on #pennystocks because we hate the fact that some promoters steal from the public and in many cases they do so without any accountability. We have never traded (short or long) on any of the penny stocks we have warned our readers about. We do it this way so that our readers are certain that our opinions are unbiased. We get regular emails from readers who seem to appreciate our policy and our warnings. Our readers love the fact that we warned them and we take comfort in the knowledge that we saved our readers from getting taken to the cleaners. Our many warnings have spotted bad penny plays like $TLPY, $AMLH and $AXMM – way before they crashed. We called out all these stocks before they dropped 90% or more and now they are all part of our very own penny stock graveyard.
It looks like we have a new member for the old penny stock graveyard. Drum roll please. On behalf of all of us at Sourcingstocks.com we would like to welcome Blue Water Global Group, Inc. (OTCBB:BLUU) to our penny stock graveyard. The stock had a terrible week – last week – and could be headed much lower. We first warned investors about this company in late January. The walk up of the stock from .01 to over .13 was completely manufactured and done for the benefit of a few insiders. The promotion of $BLUU is run by Scott Sitra who has had #SEC issues in the past. This is a giant red flag and it should be seen as a warning to anyone thinking of buying shares of $BLUU. This stock is still way overvalued at the closing price of .083 – on Friday. The chart here points lower and it should get there despite any efforts from $BLUU promoters to slow the coming slide.
BLUU
Make sure you reconsider any position you have in $BLUU. Penny stocks which are based on BS can fall hard and fast. You don’t want to be the one holding the bag when all hell breaks loose. Just ask the people who are still long $AXMM. We warned our readers about this one just north of $1.65 and it has since crashed down to .375.
AXMM
Please don’t get us wrong. We don’t think every penny stock is bad. Just these ones Please be careful of $BLUU.