Update on Promoted Stocks

Let’s trot out the promoted stock scoreboard:

TickerDate of ArticlePrice @ ArticlePrice @ 7/25/13DeclineAnnualizedSplits
GTXO

5/27/2008

2.45

0.014

-99.4%

-62.9%

BONZ

10/22/2009

0.35

0.002

-99.3%

-72.9%

BONU

10/22/2009

0.89

0.007

-99.3%

-72.2%

UTOG

3/30/2011

1.55

0.001

-99.9%

-95.3%

OBJE

4/29/2011

116.00

0.445

-99.6%

-90.8%

1:40

LSTG

10/5/2011

1.12

0.023

-97.9%

-87.2%

AERN

10/5/2011

0.0770

0.0002

-99.7%

-95.7%

IRYS

3/15/2012

0.261

0.000

-100.0%

-100.0%

 Dead
RCGP

3/22/2012

1.47

0.255

-82.7%

-70.6%

STVF

3/28/2012

3.24

0.340

-89.5%

-79.7%

CRCL

5/1/2012

2.22

0.043

-98.0%

-94.9%

ORYN

5/30/2012

0.93

0.090

-90.3%

-84.8%

BRFH

5/30/2012

1.16

0.280

-75.9%

-68.2%

LUXR

6/12/2012

1.59

0.022

-98.6%

-97.1%

IMSC

7/9/2012

1.5

1.100

-26.7%

-24.0%

DIDG

7/18/2012

0.65

0.030

-95.4%

-93.8%

GRPH

11/30/2012

0.8715

0.113

-87.0%

-93.7%

IMNG

12/4/2012

0.76

0.130

-82.9%

-91.2%

ECAU

1/24/2013

1.42

0.262

-81.5%

-94.4%

DPHS

6/3/2013

0.59

0.028

-95.3%

-100.0%

POLR

6/10/2013

5.75

0.400

-93.0%

-100.0%

NORX

6/11/2013

0.91

0.350

-61.5%

-99.0%

ARTH

7/11/2013

1.24

0.385

-69.0%

-100.0%

NAMG

7/25/2013

0.85

1.230

44.7%

6688.9%

8/26/2013

Median

-94.2%

-92.5%

Tonight’s loser in waiting is the same one that I wrote about last time, North American Oil and Gas [NAMG].  This time the Washington Times was spreading the garbage of Tobin Smith via email, as opposed to Bloomberg last time.

But wait, the stock has gone up 45% since I wrote about it.  Doesn’t that mean I am wrong?

No, that’s happened a number of times with the above stocks.  When the promotion ends, so does the stock price.

Two final notes:

1) iTrackr is dead.  Total loss.  Not the next Microsoft or Google.

2) Nova Mining has renamed itself The Radiant Creations Group, Inc. [RCGP].  They have changed their focus from mining to a company that:

engages in the development of various skin protection and hydration, anti-aging, liver health, weight balance, and OTC products. It provides day creams, anti-aging night creams, acne gone and sports block products, and wrinkle repair creams; and weigh control and weight loss products, as well as liver detoxifiers.

Usually, when a promoted stock changes strategies, it changes owners, and that is happening here.  It also likely means there will be a new promotion, where a new pump-and-dump occurs.  You might think that it is a new time for speculating, but the company is trying to buy in shares at a price below the current market price.  Closely held promoted companies offer up all manner of bad surprises for the minority shareholders.  Don’t risk investing here.