Like clock work, this morning I received several email touts about PRTN stock, again, by the biggest pump and dump artists on Wall Street called Awesome Penny Stocks, Killer Penny Stocks, Penny Pic, Free Investment Report, Titan Stocks and others. What’s funny is the content inside each email is exactly the same but the subjects read differently. For example…
Awesome Penny Stocks subject said, “PRTN set to break $.50 cents this morning” while Titan Stocks was slightly more bullish with, “PRTN poised to break $.55 cents this morning!” claim. Penny Pic’s is the best though, “PRTN poised to break $2 dollars soon” ha.
Now let me be clear, I have no problem with stock promotion, heck, I think all of Wall Street is one big pump and dump! As such I’m not writing to discuss promotion but rather these promoters recent changes to how they promote as well as performance. Now if this is all new to you and you thought PRTN was legit, buckle up because the it’s about to get nasty.
Now before we go any further, many of you are probably wondering why I would care about any of this in the first place? It’s simple, because I have a ton of clients that don’t understand the game and get fleeced for thousands upon thousands of dollars by touts like this. Not $5,000 losses but $50,000 and $100,000.
And if you think I have not made mistakes too you’re wrong. I’m not a fake who just walks around talking about all my winners. I speak from experience and have lost big getting caught up in the get rich quick mindset as well.
We’ve all done it… the key learning from it and not doing it again.
For example, here’s a client of mine Hamad…
“Firstly, I am a beginner in trading. June 31st2011, I’m in SFIO for 6 million shares. Put all my eggs in one basket (stupid). I was up over a $100,000. Low volume not allowing me to dump and make profit for over a month. Searching for help on Google, I found a guy named Jason Bond. Subscribed to his service. That day I emailed him asking him how to best get rid of SFIO. 15 minutes before he replied, the stock plummeted. CEO indicted for stock manipulation! I was down almost $100,000 from my entry cost in less than 10 minutes. I was in shock!!! Since then I followed Jason’s advice, with a goal of making up my loss. Through ups and downs, wins and losses, I’m up over $23,000 since September. Thanks Jason.” ~ Hamad
It’s well over a year later and Hamad is in my chat room as I write this message. He’s become a friend and I do my best to help him find winning small cap swing trades each week. Do you think the promoters really care about their subscribers? If yes, check the charts below and then watch the video. Keep in mind, my picks go up and down too but the difference is I send alerts that I’ve sold when the stock looks weak, these guys just keep touting all the way down. Hamad is just one of many stories I receive each week. Trust me, many of my clients play these pump and dump Awesome Penny Stock sends out, heck I used to play them a lot myself and it’s how I got started in this industry.
Bottom line is we all like the idea of making a quick buck, but it’s the people who don’t understand the system that lose boatloads and get a bad taste in their mouth for small caps so let’s dig deeper. I mean, look at what Awesome Penny Stocks advertises on their homepage for crying out loud… what gambler wouldn’t like the idea of taking $50,000 and making 550%, 1,100%, 1,900% or 2,600% ha.
Keep in mind I’ve been running Jason Bond Picks for almost 17 months, am profitable with thousands of trades and my best win on a small cap stock is 100% on LQMT from the low $.20′s to the mid $.50′s for over $20,000 profit in 4 days.
But I guess I’m just a horrible swing trader, had I followed these guys I could have made ha…
They say there’s a sucker born every minute ha, I should know because my first trade ever was a pump and dump with a $5,000 personal loan when I was buried in debt…
Okay so here’s where it gets interesting. Recently these paid promoters started reeling in subscribers for $150 a month with the chance to get the pick before the free subscribers. Their first release after selling the subscriptions was VLNX, more on that later. Keep in mind, this was a ‘promoted’ stock and PRTN is a promoted stock. So not only are they charging subscribers $150 a month to get the pick before free customers but it’s also a biased stock promotion. Interesting disclaimer if you take the time to read one of them, “…This website’s and or its affiliates have NOT received any compensation to date for investor communications services but expects to receive 10,000 Euro from a third party non affiliate for two months of coverage.” It goes onto say, “This website’s receives compensation as a production budget for advertising efforts and will retain amount over and above the cost of production, copy writing services, mailing and other distribution expenses as a fee for our services.”
They take $150 a month from premium subscriber to give them a pump and dumps before free subscribers so the premium subscribers can sell into the free subscribers and then later get paid $10,000 Euro from a third party non affiliate?
Now I’m no lawyer but I’ve been in the penny niche for years I can’t help but scratch my head about the legality of all this? Anyway, that’s really not my business, I just want to point out this seems sketchy, it was one thing to promote but to then charge $150 a month to get the promotion before free subscribers while being paid on the back end seems crazy.
So if you didn’t know any of this or that eventually PRTN will dump, or worse, get halted by the SEC while you’re in only to open significantly lower later on down the road… here’s their recent picks and trust me, it isn’t pretty. And if you are a beginner and think you can just sell when it starts to dump, watch the video below because it’ll show you how hard it is to get out and how millions can be lost in less than an hour. Trust me, when they flush you can put bids in $.05 to $.10 lower than the current bid and still not get filled which is why they come down so fast. So you’ve been warned, if you want to play with fire that’s cool, but sooner or later you bound to get burned.
Here’s their recent picks and last I checked there are no sell alerts on the way down, just touting on the way up which is done on purpose so all the newbs get left holding the bag. Let’s look at their RESUME – yes these are their pump and dumps i.e. Ghosts of Christmas past… cover your eyes kids.
Current PUMP & DUMP PRTN stock
A few weeks ago – VLNX stock pump & dump
Look at this 1 minute 3 day chart from the first 2 days of the promo – YOU’d HAVE NEVER had a chance!
And before that – RARS stock pump & dump
Don’t be a bag holder, sign up for Jason Bond Picks and get 100% unbiased alerts which go into a real money portoflio. GWBU stock pump & dump – that’s nasty!
Couldn’t help myself!
This was a classic! SNPK stock pump & dump
Or as I like to call it…
Lol, nice ‘E’ NSRS stock pump & dump
My personal favorite – AMWI stock pump & dump – see video
I fought with a free client about RAYS technology – he told me I was CRAZY ha. RAYS stock pump & dump
The list goes on and on and on and on… check LEXG, POWT etc… if you don’t believe me. I could write about this all day but you get the point because the chart pictures above provide all the proof I need to say IF YOU DIDN’T KNOW PRTN is a pump and dump you do now and if that helps you from being a bag holder I’ve accomplished my mission. I know this niche inside and out and I can help you become a better trader. I have over 10 years worth of teaching experience in the State of NY and I work with thousands of clients weekly to help them trade green. If you’d like to learn more about our family of winners… click the learn more button please.
For more on Pump & Dumps see below.