Michael Goode

Author's details

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

Latest posts

  1. Environmental Packaging Technologies Holdings $EPTI promoted by 16-page mailer — June 15, 2017
  2. SEC Sues Alpine Securities, continuing a run of bad news for owner John Hurry — June 14, 2017
  3. Drone Guarder $DRNG now pumped for two weeks via landing page — June 12, 2017
  4. Sung Hong & Hyun Joo Hong arrested for allegedly defrauding churches and others in purported forex trading scheme — June 12, 2017
  5. SEC Announces trading suspension of Eco Science Solutions $ESSI — May 22, 2017

Most commented posts

  1. On Timothy Sykes becoming a stock promoter and promoting IRYS — 152 comments
  2. How to borrow shares to short — 57 comments
  3. Timothy Sykes is full of bullship — 54 comments
  4. Watchlist for Friday the 11th — 50 comments
  5. Silence in the library — 43 comments

Author's posts listings

Jun 15

Environmental Packaging Technologies Holdings $EPTI promoted by 16-page mailer

The newest landing page pump out there is Environmental Packaging Technologies Holdings (EPTI). It has only been pumped for a week and volume is not great and it already crashed today but is bouncing back. A short seller such as I can only hope that the pump recovers and gets more volume so that it …

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Jun 14

SEC Sues Alpine Securities, continuing a run of bad news for owner John Hurry

As I wrote back in April, FINRA fined Scottsdale Capital Advisors $1.5 million for doing a really poor job at preventing illegal sales by penny stock insiders (FINRA Rule 2010). The owner, John J. Hurry, was barred from the industry. The full 111-page FINRA decision can be found on their website. Unfortunately FINRA prevents direct-linking so …

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Jun 12

Drone Guarder $DRNG now pumped for two weeks via landing page

Starting on May 30th, Drone Guarder (DRNG) started trading with good volume. It is being promoted via emails and a landing page at wallstreetblaze.com/drng/index.html There are 30 million unrestricted shares that can potentially be dumped into this stock promotion while 102 million shares are restricted (data from OTCMarkets.com). This is starting to look pretty interesting …

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Jun 12

Sung Hong & Hyun Joo Hong arrested for allegedly defrauding churches and others in purported forex trading scheme

Quoting from the DoJ press release:           According to records filed in the case, the HONGs recruited investors using religious organizations and shared religious beliefs. The couple claimed that LAURENCE HONG privately invests money for wealthy Korean families and that GRACE HONG holds a Series 65 securities license and previously worked for a large international …

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May 22

SEC Announces trading suspension of Eco Science Solutions $ESSI

This morning prior to the market open the SEC issued a trading suspension for Eco Science Solutions (ESSI), which has a market cap of $107 million. SEC trading suspension release (PDF) SEC trading suspension order (PDF) The reason given for the trading suspension: concerns regarding the accuracy and adequacy of publicly disseminated information concerning, among …

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May 12

Pump & dump Global Quest Limited $GLBB receives SEC trading suspension

This morning prior to the market open the SEC issued a trading suspension for Global Quest Limited (GLBB), which has been promoted over the last few weeks and which has risen from $1 to $5.65 to give it a market cap of $56 million market capitalization. SEC trading suspension release (PDF) SEC trading suspension order …

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Apr 28

Broker and OTC market maker Wilson-Davis Co. fined by SEC for Reg SHO violations

In an administrative proceeding released on April 26, 2017, the SEC issued a cease and desist order (PDF) to brokerage and notorious OTC market maker Wilson Davis (Market maker ID: WDCO) for violations of Regulation SHO and ordered the company to pay $235,714.50 in disgorgement of profits and interest thereon and a $75,000 civil penalty. But the headline …

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Apr 17

FINRA fines Scottsdale Capital Advisors $1.5 million

If you have followed penny stocks and pump and dumps for a few years then you know Scottsdale Capital Advisors (hereafter referred to as Scottsdale Capital). They are one of the few brokers left that have continued to allow the deposit and sale of shares in illiquid penny stocks. Larger brokers and discount brokers stopped …

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Apr 17

Ciaran Thornton of BuySellShort.net fined by SEC

One of the more venerable online trading newsletters is BuySellShort.net, run by Ciaran Thornton (@buysellshort on Twitter). I’ve been aware of him for over a decade (though I never subscribed). He has 60,000 followers on Twitter (compared to my 30,000) and has written for TheStreet.com (although his last article was in 2014). He also wrote …

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Apr 13

Recent SEC Trading suspensions of pump & dumps

I have been remiss in not posting much over the last months (and years!). While in 2016 I traded almost no pump and dumps because so few were successful and so few even had decent volume, 2017 has had several successful pumps and now several high-profile SEC trading suspensions of stocks in mid-pump. I look …

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