Let’s trot out the promoted stock scoreboard:
| Ticker | Date of Article | Price @ Article | Price @ 7/25/13 | Decline | Annualized | Splits |
| 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.