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”:
NavStar Technologies (NVSR)
NavStar Technologies provides products and services for tracking, monitoring, and reporting the location and condition of high value cargo. NVSR primarily offers commercial GPS tracking and monitoring products.
This penny stock is currently trading around $0.20.
Penny Stock Spy was paid $2,500 to market NVSR.
Bering Exploration (BERX)
Bering Exploration operates as an independent oil and natural gas company. BERX has a 5% working interest in a well in South Texas. The company was formerly known as Oncolin Therapeutics, Inc., and changed its name to Bering Exploration Inc. in September 2010.
The shares currently trade near $0.18.
Beacon Equities received 500,000 shares of BERX to hype this stock.
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,