July 12, 2013 (click on symbols) : Today sees the start of the latest edition of the NVLX Pump & Dump, which last month came off an almost two month campaign. Those who had the stomach for waiting have seen a 350%+ increase in share price since the beginning of the year but a 25% discount in the last half of May. After a month of sideways movement since the last pump, we may see selling on any increased volume.
Interest in the now three day old Pump & Dump of GLBH is weak, despite the fact that would-be-dumpers have invoked the use of spammers in addition to the mainstream newsletters. With 625 million shares out there, still mostly in the hands of insiders, we figure there to be a fight to be the first to hit bids if any real buying interest comes in off the increased coverage.
CACL enters Day Four of a yawner, in which less than 100 trades have been completed in spite of a mass of pimping emails pushing this crap over the last three days. Perhaps future bag holders are having issue with the share price, which is currently at 168 times book value. Yeah, maybe. Expect insiders to soon get tired of waiting and knock the price down to make it look like a better deal on the next pump campaign. This one is trouble with a capital T!
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