Here we identify a couple of the potentially “bogus” promotions going on in penny stocks today.
If you don’t know how these schemes 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”:
DHS Holding (DHSM)
DHS Holding is in the mergers and acquisitions industry. DHSM is aggressively moving to develop and expand into both domestic and international opportunities that include multimedia, publishing, and land development. In the first quarter of 2012, the company generated no revenue.
Shares of this penny stock trade near $0.32.
Bluewave Advisors and Beacon Equity were paid $15,000 by Stock Appeal LLC to hype DHSM.
Circle Star Energy (CRCL)
Circle Star Energy is focused on the acquisition and development of oil and gas properties. CRCL owns non-operated working interests, overriding royalty interests, and mineral interests in oil and gas properties located throughout the state of Texas. In the quarter ending January 2012, CRCL lost over $2 million.
Shares of this penny stock are now trading around $2.05 each.
Shazam Stocks was paid by Blackrock Communications, LTD $75,000 to pump CRCL.
A final word (and warning).
These are just a few of the potential “pump and dumps” we’ve seen lately.
Remember, there’s a lot more of this going on than we can highlight here.
For more in-depth coverage of potential 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 schemes and scams out there these days!
Until next time,