July 23, 2013 : XUII bag holders were clearing the shelves of Gravol at their local pharmacy today, as APS players committed the ultimate sin of thinking that shares would go up forever. According to tonight's edition of The Nightly , and to the surprise of only those new to Awesome Penny Stocks schemes, XUII performed one of APS' patented barf jobs, vomiting all over its believers. By the time the smoke had cleared, over 90% of today's trades were overpays* with the average share that was traded today losing just over 17 cents or 31% of its value. Those paying the long forgotten high of 75.4 cents, became insta-losers of 51% of their money. APS was quick to put the blame on shorts, but the problem with that claim is that everybody and his mother was reportedly looking for shares to short and few found any. Tomorrow's OTC short report for July 13 will prove once again that APS' wolf-crying is never the reason that an APS stock that tosses its cookies. The truth is that APS and its partner insiders were feasting on the bloated share price, cashing in millions. Shame on the SEC and FINRA for letting this go on.
It was crap-a-palooza for buyers of NUVI today, as shares tanked right from the git go, closing at the low of the day and making losers out of everybody holding overnight.
For the second day in a row, the high trade on NXLX occurred at 9:30:00am with the first trade of the day. It was all down hill from there, as shares closed down for the third day in a row.
Other issues in which almost all trades were overpays included: PGVI REVI and UOMO . More than half of all trades in CACL were overpays.
NHYT continued to provide hope for Pump & Dump players with no overpays, as the stock closed at the high of the day, although shares having been moving sideways for the last couple of days, usually a dangerous sign with promoted plays.
Tellingly, all but three promoted stocks ( NHYT TQLA and XUII ) saw the share price reach the high of the day before 10:00am .
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* traded at a price above the day's closing price
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