Researching This Biotech Penny Stock Scam Just Keeps Getting Funnier & Funnier…
Posted by Timothy Sykes on Thu 17th of Sep, 2009 09:40:18 AM
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On Genova Biotherapeutics, Inc. (GVBP), you’ve seen me do some stupendous/dead on fundamental research, but my trade timing was off (shorted at 42, covered at 61.5…couldn’t risk big spike…which actually happened perfectly yesterday) so I personally lost $4,000, while TIMalert subscribers initially lost $20,000 & before having the patience, risk tolerance and adaptability to make an astonishing $60,000+ yesterday to bring their total profits to $40,000 on this one stock (good thing newsletters writers are judged by how much their subscribers make, as I preach over and over in my instructional trading DVDs in which you can take the hardfought lessons I’ve learned over the past decade and explained in over 45 hours worth of instructional trading content)
But now I’ve got some new research for ya and mind you as I write this I have no position, although I am actively searching for shares to short in the 50 cent range aka it does me no good to publish this scam research, it’s just too funny for me not to share…UPDATE: found shares to short, I’m short 10,200 shares at 50 cents/share as TIMalert subscribers were alerted this morning UPDATE 2: Found more shares, now short 15,000 shares at an average of 50 cents/share)
Yesterday, I mocked how GVBP’s “partners” have the same physical address and many of the same executives (meaning they’re sketchy at best or just plain bogus) and that has now led to other’s researching GVBP’s own NYC address and coming up with old articles linking that address to guess what: an old penny stock spammer:
Growth Stock Guru
1461 A First Avenue, # 360
New York, NY 10021-2209
USA
Since I’m in NYC, I’m gonna go over there today and I’ll post video/pics of what I find…should be another interesting post…for now let GVBP’s CEO Aaron Whiteman entertain you with this old (2 years) Youtube video he made while general manager for a video game maker (hey, that’s closer to finding the cure for cancer than GVBP’s former company, the Kinder Travel company, right? Uhhhhhh…
Please tweet this post, it’s funny, but not for the suckers who don’t know any better…do something good for the world today, save a sucker or two from future pump & dumps by learning about the crap that goes on in penny stock land!
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 19 | AENY | $2.80 | $3.02 | $1148 |
| Nov 18 | NLST | $4.16 | $4.40 | $947 |
| Nov 18 | IMGG | $1.42 | $1.64 | $2094 |
| Nov 17 | NLST | $5.04 | $5.59 | $2195 |
| Nov 13 | VRMLQ | $21.50 | $22.97 | $2901 |
| Nov 11 | EONC | $2.61 | $2.80 | $687 |
| Nov 10 | EONC | $2.74 | $3.36 | $9784 |
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $98,094 (681%)
