Michael Goode

Author's details

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

Latest posts

  1. Stock promoters criminally charged for manipulative trading of marijuana stocks including $HEMP and $PHOT — August 6, 2014
  2. AJ Discala and four others charged criminally for stock fraud — August 6, 2014
  3. Criminal charges filed against Christopher Nix, Andrew Affa, and three others for conspiracy to manipulate Amogear $AMOG stock — August 6, 2014
  4. Apptigo International $APPG pump and dump — August 5, 2014
  5. Green and Hill Industries $GHIL trading suspended by SEC — August 5, 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 — 44 comments
  5. Silence in the library — 43 comments

Author's posts listings

Aug 06

Stock promoters criminally charged for manipulative trading of marijuana stocks including $HEMP and $PHOT

rvdo

Yesterday the SEC sued four promoters for manipulative trading in marijuana stocks and the Department of Justice joined the fun with a criminal case against three of the four. First I address the more serious criminal charges (see DoJ press release). The criminal charges relate to only one stock: ISM International (ISML).  Three men who …

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Aug 06

AJ Discala and four others charged criminally for stock fraud

iten

Again this is a late post. This happened on July 14th. This story received a lot of attention because one of the men charged criminally, AJ Discala, is famous. See the Dealbook article about the case. SEC press release SEC complaint Department of Justice press release A ten-count indictment was unsealed this morning in federal court …

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Aug 06

Criminal charges filed against Christopher Nix, Andrew Affa, and three others for conspiracy to manipulate Amogear $AMOG stock

amog

2014 continues to be a banner year not just for the SEC but for criminal prosecutions of stock promoters for market manipulation. This case was filed almost a month ago so I apologize for the delay but wanted to make sure I posted it on this blog. See the SEC’s press release about its lawsuit …

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Aug 05

Apptigo International $APPG pump and dump

appg_chart

[Edit 18 August 2014: I was forwarded scans of a hard mailer by StockRealist. I have updated the information on the budget with info from the hard mailer. See the full mailer (13-page 13MB PDF). See also the negative reports on APPG by Stockrealist and by Geoinvesting.] Yesterday Promotion Stock Secrets made public their report on …

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Aug 05

Green and Hill Industries $GHIL trading suspended by SEC

ghil

Trading in Green and Hill Industries (GHIL) was suspended by the SEC this morning prior to the market open. This is the twelfth suspension of a marijuana-related stock this year. Here is a list of marijuana stocks that have been suspended by the SEC this year: GHIL,SKTO, AEGY, WBXU,FRTD, FSPM, PHOT,  CDFT, PTOG, AVNE, CBGI, and CANN. This suspension comes just four days after a …

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Jul 31

Stock promoter Randy Hamdan sues SeekingAlpha author Matt Finston for Libel in response to negative article on Creative Edge Nutrition $FITX

Randy Hamdan, a stock promoter currently being sued by the SEC, has sued SeekingAlpha author Matt Finston for libel. See the article on SeekingAlpha that led to this. The case was filed in the Eastern District of Michigan; the case number is 2:14-cv-12949-GAD-MKM. I saved a copy of the complaint and all exhibits (PDF). Finston is …

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Jul 21

John Babikian update: SEC settles with him, his assets sold off by Revenue Quebec

The SEC settled its lawsuit with John Babikian two weeks ago. This lawsuit, for the promotion and scalping of the stock of America West Resources (defunct now, traded as AWSR then). To the untrained eye, this looks like a tiny slap on the wrist considering all the stock promotions Babikian has run. But the suit …

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Jul 21

SEC seeks $12.2 million penalty against Jean-Francois Amyot in Spencer Pharma case

The SEC has filed a proposed default judgement in their lawsuit against Jean Francois Amyot. See the Stockwatch article for a good synopsis, excerpted below: The U.S. Securities and Exchange Commission has filed a motion for a default judgment of up to $12.2-million against Quebec’s Jean-Francois Amyot, citing his “especially egregious” conduct in a 2010 pump-and-dump. (All figures …

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Jul 15

Crumbs Bake Shop $CRMBQ bankruptcy update: Stalking horse bid details

Disclosure: I am short CRMBQ and I am a day-trader. I may close my short position or go long at any time. I am not a bankruptcy expert. This post is for informational purposes only.   Below is a copy of the docket in the Crumbs Bake Shop Inc (CRMBQ):   14-24287-MBK Crumbs Bake Shop, Inc. Case …

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Jul 14

Trading in Cynk Technology $CYNK suspended by SEC

cynk

On Friday, July 11th early in premarket (prior to 8AM Eastern) shares of CYNK were halted by FINRA and given a U3 “exraordinary event” halt code. That would be only the second ever FINRA halt of an OTC stock (following the halt of BOPT in 2013). However, the halt code was changed after 9:00AM to …

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