APGS, SPAH – Pump And Dump Alerts – December 19, 2011

| December 19, 2011 | 0 Comments

Wasting MoneyWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Apps Genius (APGS) and Spectrum Acquisition Holdings (SPAH).

Here we identify a few of the “bogus” promotions that are going on in penny stocks today.

If you don’t know how these scams work, be sure to check out this free report that exposes the whole thing.

Without further ado, here are today’s “disasters waiting to happen”:

Apps Genius (APGS)

Apps Genius is a development stage company that develops, markets, and distributes social games and software applications. The company’s products are used on social networks and smart phones…including the Apple iPhone.

This penny stock is currently trading around $0.50.

Stock Roach was paid $35,000 by Emerging Equity Advisors to pump APGS.

Spectrum Acquisition Holdings (SPAH)

Spectrum Acquisition Holdings is a development stage company operating as a green mining equipment technology company. The company offers mining equipment and drilling technologies for the exploration, extraction, and environmentally conscious mining of gold, silver, and platinum.

The shares currently trade near $0.51.

Jackpot Penny Stocks was paid $20,000 by International Resource Holdings to hype SPAH.

A final word (and warning).

These are just a few of the current inglorious “pump and dumps”.

Remember, there’s a lot more of this going on than we can highlight here.

For more in-depth coverage of penny stock pump and dumps, be sure to sign up for our free newsletter, Penny Stock Research.

As you know, penny stocks are a great place to invest your money.  You just have to do your due diligence to stay away from all the scams out there these days!

Until next time,

Brian Walker

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Category: Pump & Dump Alerts, Pump & Dump Daily

About the Author ()

Brian joins the Penny Stock Research team as a seasoned independent trader and financial analyst. Brian graduated with a B.S. from the University of North Florida and now resides in Scottsdale, Arizona. With a background in economics and statistics, he has a keen ability to uncover profitable and growth-focused companies. He has years of real life know-how in analyzing fundamental and technical data that gives him an edge drilling down on companies and financial results. With over 15 years trading experience, Brian has become an expert in the ever-changing equities markets. Today, he scours the markets hunting for penny stocks that offer low risk and high reward.