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”:
Gamma Pharmaceuticals (GMPM)
Gamma Pharmaceuticals operates as a marketing and product formulation company. The company focuses on the formulation, marketing, and sale of vitamins and nutraceuticals, and personal care products in China and the US. GMPM’s last financial report was in 2010.
Right now, shares of this penny stock trade near $0.21.
Research Driven Investors was paid $60,000 to date for pumping shares of GMPM.
SEFE is a development stage company attempting to commercialize the ability to harvest atmospheric electricity. The company has developed multiple sequential prototypes and is still only field testing their energy collection system.
Shares of this penny stock trade near $1.25.
Penny Stock Wizard, a subsidiary of Stocks Digest, was paid $2,274,560 by Speed Evolution Ltd to pump shares of SEFE.
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,