The Aleph Blog » Blog Archive » Update on Promoted Stocks

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.

 






bloggerbuzzdeliciousdiggfacebookgooglelinkedinmyspacenetvibesnewsvineredditslashdotstumbleupontechnoratitwitteryahoo
Speculation, Stocks | RSS 2.0 |

Comments are closed.

Disclaimer


David Merkel is an investment professional, and like every investment professional, he makes mistakes. David encourages you to do your own independent "due diligence" on any idea that he talks about, because he could be wrong. Nothing written here, at RealMoney, Wall Street All-Stars, or anywhere else David may write is an invitation to buy or sell any particular security; at most, David is handing out educated guesses as to what the markets may do. David is fond of saying, "The markets always find a new way to make a fool out of you," and so he encourages caution in investing. Risk control wins the game in the long run, not bold moves. Even the best strategies of the past fail, sometimes spectacularly, when you least expect it. David is not immune to that, so please understand that any past success of his will be probably be followed by failures.


Also, though David runs Aleph Investments, LLC, this blog is not a part of that business. This blog exists to educate investors, and give something back. It is not intended as advertisement for Aleph Investments; David is not soliciting business through it. When David, or a client of David's has an interest in a security mentioned, full disclosure will be given, as has been past practice for all that David does on the web. Disclosure is the breakfast of champions.


Additionally, David may occasionally write about accounting, actuarial, insurance, and tax topics, but nothing written here, at RealMoney, or anywhere else is meant to be formal "advice" in those areas. Consult a reputable professional in those areas to get personal, tailored advice that meets the specialized needs that David can have no knowledge of.

 Subscribe in a reader

 Subscribe in a reader (comments)

Subscribe to RSS Feed

Enter your Email


Preview | Powered by FeedBlitz

Seeking Alpha Certified

Top markets blogs award

The Aleph Blog

Top markets blogs

InstantBull.com: Bull, Boards & Blogs

Blog Directory - Blogged

IStockAnalyst

Benzinga.com supporter

All Economists Contributor

Business Finance Blogs
OnToplist is optimized by SEO
Add blog to our blog directory.

Page optimized by WP Minify WordPress Plugin