Latest Evidence Few Understand Penny Stocks: Chuck Jaffe On Spicy Pickle Franchising Inc (SPKL)

Posted by Timothy Sykes on Thu 23rd of Oct, 2008 07:49:49 AM
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When I read this article about SPKL by Chuck Jaffe, I couldn’t help but laugh.

Good ole Chuckie–whose used to writing about big stocks, mutual funds, newsletter, gurus performance–you know all the normal BS Wall Street stuff–picks apart this penny stock factoid by factoid and comes to the conclusion that it’s not a good company in which to invest.

LOLOLOLOLOL

I’m not even gonna waste your time or mine by quoting any of it, Chukie makes the same mistake as most people do: THINKING THAT A PENNY STOCK’S ACTUAL BUSINESS MATTERS IN THE LEAST.

In time I’ll have taught everyone that Penny Stocks ARE ALL JUST SCHEMES, WHICH IS NOT A BAD THING CUZ SCHEMES ARE EASY TO TRADE…JUST NEVER MEANT BE BELIEVED/INVESTED IN.

Chuckie, all you had to do was look back and remember that SPKL or some investor in SPKL, doesn’t really matter, paid promoters like OTC Journal And Stockwire.com, especially Stockwire.com, a lot of $ to get the word out about SPKL.

It worked for about a month when the stock first came out–50 cents to $2/share–but ever since it’s been steadily downward.

The business, the numbers, the PRs, don’t matter–it’s all BS. There are ways to profit from the BS, legally, and that’s why Chuckie–and Sri for that matter (remember good old CNBC.com’s theater major Sri who mistakenly took promoter’s propaganda as actual research in recommending people buy piece of promoted crap CNOA as a Chinese rice play?)–I’ve got an upcoming seminar in Vegas on November 19th that will teach you how, I recommend you sign up here. I’ll only charge you morons 25% more than normal, which is a gift considering how much $ your naive articles have lost your readers.

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  • kelvin
    can anyone get on timalerts site ? i can't
  • sorry we upgraded, lots of issues, will have it resolved in 24 hours
  • Greg
    I do not know why you are picking on Chuck ? Chuck did a fairly good job of picking apart the real reason why SPKL has been a flop. Anyone analyzing a stock for purchase needs to look at fundamentals and technical as well as market history. Chuck even noted that the sandwiches are good, but the company has no growth prospects and bad funding.

    The real "HERO" in this story is Larry Isen, who is a shameless pump and dumper, and worse, an insider, probably violating some rules along the way. He is a shareholder, a paid promoter and a long term friend of the management.

    The real HERO in this story should be TIM, as he morphs his campaign of "profiting from losers", to "fighting the evil doers and fixing the problems", as he takes on Wall street to stop people like Larry from being able to operate. Of course TIM will not do that, as it would kill his business model.

    One day in the future when TIM is mature enough and rich enough (late 30's), he will morph into the activist investor and protector of the innocent which he knows he is destined. But for now there are too many profits to be made to cut of the hand which is feeding him.
  • jonny
    Have you ever had a sandwich from Spicy Pickle Tim? They're delicious!
  • krispy kreme is delicious too and look how that stock's done...product feedback is irrelevent
  • latest TIMalert to short APWR at 5.54 now nearly a 10% winner at 5.11 inside of 1 day

    http://www.timalerts.com
  • Jorge Morales
    Too late to alert on DTG, but was an obvious one anyhow...you think this cow will gives us some extra milk?
  • Jonny
    Not making a case for the company. Hell, in the first paragraph of their 10k...

    "Our goal is to deliver a delicious flavor profile, an exceptional customer experience, and an enjoyable atmosphere in our locations. We cannot assure you that we will be successful"

    ...not even kidding.
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