Has stock promoter Awesomepennystocks.com retired?

If you go to Awesomepennystocks.com (APS) you are greeted with the message that they are retiring:

aps

It is my belief (based on no evidence other than the above message and the fact that trading in their last two pumps, PWEI and PCWT, was suspended quickly by the SEC) that the SEC will soon announce an enforcement action against a few of the people and websites that have been involved in APS pumps. I also think it likely that a large number of people involved in APS will not be named in the enforcement action and that APS will continue to promote stocks using its other websites that have not displayed a retirement message:

InsidersLab.com
PremiumStockReport.com
PennyStocks.com
PennyStocks.de
EarningForecast.com
Pennystocksinsiders.com

I also think it likely that any future promotions by the above websites will be shorter-lived to minimize the risk of a trading suspension while the pump is still ongoing.

 

Disclaimer: I have no position in any stock mentioned and I have no relationship with any parties mentioned above. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

5 thoughts on “Has stock promoter Awesomepennystocks.com retired?

  1. Hey michael
    I’ve been keepin an eye on the OTC land and its been very boring and slow lately.
    What are your thoughts on the future of stock promotions to come?
    I’ve been considering trading promotions but it doesn’t seem active enough anymore.
    Regarding that, do you recommend I learn how to trade NASDAQS instead with investorslive or just wait for further promotions?

    1. There have been plenty of crappy promotions for me to short, such as MULI TPNI REFG. Also the crazy spikes in some OTC non-pumps like THEGQ and NEST have been quite profitable for me to trade. I think there will be plenty of pumps to trade in the future but it doesn’t hurt to learn to trade Nasdaq stocks as well.

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