Michael Goode

Author's details

Name: Michael Goode
Date registered: December 28, 2011
URL: http://www.goodetrades.com

Latest posts

  1. Stock promoter sharks will eat up $CHUM buyers — January 7, 2015
  2. Belated Post: SEC Suspends trading in purported Ebola stocks — December 28, 2014
  3. Autris $AUTR Online landing page pump & dump — December 19, 2014
  4. Stock promoter Eric Cusimano pleads guilty to conspiracy to commit stock fraud — December 19, 2014
  5. SEC Suspends trading in perennial pump Geo Finance Corp $GEFI — December 19, 2014

Most commented posts

  1. On Timothy Sykes becoming a stock promoter and promoting IRYS — 149 comments
  2. Timothy Sykes is full of bullship — 51 comments
  3. Watchlist for Friday the 11th — 50 comments
  4. How to borrow shares to short — 47 comments
  5. Silence in the library — 43 comments

Author's posts listings

Jan 07

Stock promoter sharks will eat up $CHUM buyers

chum

This morning I received an email from info@freshbrewedmedianews.com linking to a website: http://www.mikenormanreport.com/page.php?pg_bl=69 promoting Chuma Holdings (CHUM). A different version of the pump page prior to the name and ticker change from MDMJ can be seen here: http://www.mikenormanreport.com/page.php?pg_bl=68 Disclosed budget: $25,000 Promoter:  Mike Norman Report Paying party: Rigal Ltd Shares outstanding: 54,675,864 Previous closing price: $0.90 Market capitalization: $49 …

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Dec 28

Belated Post: SEC Suspends trading in purported Ebola stocks

lake

One thing I have noticed over the last seven years trading penny stocks is that penny stock scammers are quick to hop on any current investment theme. If oil is spiking, we will see a lot of shell companies quickly turn into oil exploration companies. If there is a spike in the price of rare …

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Dec 19

Autris $AUTR Online landing page pump & dump

autr

Sarting a few days ago I started receiving promotional emails promoting Autris (AUTR) and linking to the website at http://www.risingstockadvisor.com/autr/ Given the low budget and the weak state of the market for stock promotions, I think this will likely never get much volume and will slowly fade. Disclosed budget: $400,000 Promoter:  OS Media Limited Paying party: ??? Shares …

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Dec 19

Stock promoter Eric Cusimano pleads guilty to conspiracy to commit stock fraud

Eric Cusimano, former owner of BestDamnPennystocks.com and related websites, pled guilty yesterday to conspiracy to commit securities fraud and to tax evasion. He could be sentenced to up to 10 years in prison. Sentencing is scheduled for March 26th. While I do think that Eric Cusimano is scum he did at least have the decency to …

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Dec 19

SEC Suspends trading in perennial pump Geo Finance Corp $GEFI

GEFI

Three days ago the SEC suspended trading in Geo Finance Corp (GEFI). This stock has been pumped and dumped numerous times, most recently on December 9th to 11th by EpicStockPicks.com, StockoftheWeek.net, UnitedPenniesofAmerica.com, Pennypicks.net, DamnGoodPennyPicks.com, ImpressivePennystocks.com, TodaysPennyStocks.com and BeatPennyStocks.com. See SEC suspension notice for GEFI (PDF) The reason for the suspension was the usual boilerplate about innacurate …

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Nov 07

Coastal Integrated Services $COLV gets a Wall Street Revelator pump

colv

Coastal Integrated Services (COLV) is a new Wall Street Revelator landing page pump for which I received my first pump email today although others reported receiving pump emails on the 4th. The email directed me to http://www.colvreport.com/ So far there is very little volume and it has about a 10% bid/ask spread. Because is is …

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Nov 06

IFAN Financial $IFAN Hard mailer pump and dump

ifan

IFAN Financial (IFAN) is the new hard mailer pump on the block. It has a low starting price for a hard mailer pump and a high purported budget that is likely overstated, judging by the trading volume in the stock. See the Promotion Stock Secrets article on the IFAN pump. There have also been two …

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Oct 27

Prosecutors close to plea deals with stock promoters Boye and Cusimano

See my most recent post on the case against stock promoters Eric Cusimano, his wife Jessica, and Jamie Boye. Three days ago the trial against Boye and the Cusimanos was adjourned until December in anticipation of all defendants reaching plea deals:   Since the initial appearance, counsel for the government has spoken extensively with all …

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Oct 20

Falconridge Oil Technologies $FROT landing page pump

frot

This morning at 7:01am I received an email from Marketing@insiderwealthalert.com with an advertisement for Falconridge Oil Technologies (FROT) linking to a website for the pump at http://frotinfo.com/ Given the low budget and the weak state of the market for stock promotions, I think this will likely never get much volume and will slowly fade. Disclosed budget: $150,000 Promoter: …

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Oct 15

Crumbs Bake Shop $CRMBQ to liquidate

crmbq

Despite the huge run up in the shares of Crumbs Bake Shop (CRMBQ) on the news that Crumbs has reopened one of their shuttered stores and will reopen a bunch more soon, Crumbs Bake Shop Inc no longer has anything to do with the Crumbs stores or brand and will not benefit from the store openings. In …

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