SEC Suspends trading in Nevada Gold Corp $NVGC

Another day, another trading suspension of a big stock promotion. This time the ‘victim’ is Nevada Gold Corporation (NVGC). NVGC has been promoted by illegal spam emails from “StockCastle”. This trading suspension comes just two days after the previous trading suspension of a major active stock promotion, Life Stem Genetics. Here is a chart of NVGC:  … Continue reading “SEC Suspends trading in Nevada Gold Corp $NVGC”

Penny Stock Pillager and the neverending Xumanii $XUII pump and dump

Note: I am short XUII (see disclaimer at bottom of post for details). This morning I received an email from InvestorsHub promoting Xumanii linking to the following page: http://pennystockpillager.com/xuii/index.html. Penny Stock Pillager is published by Capital Financial Media, also known for running SmallCapFortunes.com. They have produced mailers for multiple AwesomePennyStocks.com pump and dumps and now Xumanii … Continue reading “Penny Stock Pillager and the neverending Xumanii $XUII pump and dump”

They’re back! Stock Castle, spam stock promoter, now pumping LSE:AIM listed Mercom Oil

Stock Castle (which is how we traders refer to this spam stock promoter even though they have used a huge number of different websites and names) is back, this time promoting a London AIM exchange-listed company, Mercom Oil (MMO:L). Most recently Stock Castle promoted USGT. Stock Castle is a spammer that has been sued by … Continue reading “They’re back! Stock Castle, spam stock promoter, now pumping LSE:AIM listed Mercom Oil”

Does Zouvas subpoena spell the end for the USGT pump and dump?

Yesterday, George Sharp sent out a press release stating that “Attorney Luke Zouvas has been subpoenaed to give testimony” in the anti-SPAM lawsuit Sharp filed against EMPM, BRND, IDOI, MSTG, and the promoters of those stocks. Per OTCMarkets.com, Zouvas is the legal counsel of USGT, which is not yet named in Sharp’s lawsuit even though … Continue reading “Does Zouvas subpoena spell the end for the USGT pump and dump?”

Leslie Howard is now a stock promoter

The website Pumpsanddumps.com has been around for awhile, chronicling various stock promotions (although they haven’t posted in a month). I have subscribed to its emails since last August. I have not always been impressed with the research, but it was a nice near-daily synopsis of current stock promotions. Last January, the site started carrying advertising … Continue reading “Leslie Howard is now a stock promoter”

An Introduction to evidence-based investing

This post was originally published on my GoodeValue.com blog on 3/18/2009. Due to blog moves it was not correctly moved to this blog so I have reposted it.  The Plight of the Ordinary Investor A few finance professors measured the performance of all investors in Taiwan over a period of years by looking at the … Continue reading “An Introduction to evidence-based investing”