Why FOX News’ Charles Payne Is Currently The Most Powerful Penny Stock Promoter In The World

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I hope you read my two previous blog posts on Charles Payne, your friendly unethical stock promoter (and I say unethical because everyone, and yes, I do mean everyone, in finance knows NEVER to trust anybody paid by a company or its shareholders to promote or advertise a stock…financial commentators especially know it):
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The Single Most Manipulated Stock In The US Stock Markets This Week Is…

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Reminder: LiveStock is live later today 1-2PM EST tune in, watch and learn!

So another week goes by and TIMalert subscribers know we have another blatantly manipulated penny stock…PennyStocking DVD students know where it ends up
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Responding To These 3 Emails: A Stock Promoter, A Beginner & A Debtor

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Yesterday you read about how at least 3 TIMalert subscribers are on Covestor and how they are doing/what they are ranked…today, get ready to see the kind of emails I get…and how I answer them:
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More Red Flags On eOn Communications Corp. (EONC)

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Did you read my article from last night detailing all the red flags over at EONC which is why I’m short 13,000 shares overnight?

Well, one of my top students, Michael Goode, with whom I am creating a “Learn To Read SEC Filings” instructional DVD package, has a slightly different take…he’s short the stock too, but he dug up even more red flags:
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Thanks To This Hugely Misleading Press Release, TIMalert Subscribers & I Are $25,000+ Richer So Far…

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UPDATE: Michael Goode of Reapertrades.com, who is up $98,000 on my strategy, just did his analysis of EONC and you can see it is VERY different (as this company has a tonnnn of dirt)…you can learn from BOTH of our approaches in our new “Learn To Read SEC Filings” DVD package.

Long before I shorted 16,000 shares today at $3.40ish, I learned of eOn Communications Corp. (EONC) a few years ago when they were hyping their product that could backup your cell phone’s phonebook…it was a cool idea and the press loved it, but the stock, aside from a brief spike, failed to jump as I expected it would with a such a cool product! (anybody remember Colonial Data’s stock price rise when they invented caller ID? MY grandfather made some great $ off that)…
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SpongeTech Late Friday Afternoon Press Release Upholds Their Tradition Of Shadiness…

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UPDATE: The 4th late Friday night PR in a row…are these guys just begging to be crucified/go to hell?…after using this time honored “worst time slot to announce anything” to announce they were under SEC investigation in late September, their delisting notice in early October, they now try to hide the fact that their bigtime auditor D&T WANTS NOTHING TO DO WITH THEM. To all you bagholders, I am not sorry for your losses, you deserve 100% of them…for you are the definition of what it means to be a sucker. How do it feel? Pretty sucky, huh? Well, I was there in that same spot years ago, but I picked myself up, learned and now I’ve been the #1 trader out of 35,000+ on Covestor for 2 years running…I suggest using my instructional DVD packages detailing penny stock manipulation and how to profit from it (legally) to help teach yourselves how to profit from such blatant scummy business dealings…Spongetech isn’t the first pump & dump, nor is it the last, time to get prepared to profit from futures ones so you never have to like this again!

Understand that aside from when TIMalert subscribers and I made 35% in one day on this carcass of a company, I currently have ZERO position in Spongetech Delivery Systems, Inc. (SPNG), I highlight again and again only because it’s the perfect example of a pump & dump, on which my instructional dvds outline how to profit. Many refuse to believe this is a pump & dump, but they haven’t read this post of mine where I explain it in a very simple language they can understand

The headline: “SpongeTech(R) Delivery Systems, Inc. and GetFugu, Inc. Reach Amicable Accord” is funny.

Funny because after a particularly brief yet nasty lawsuit of GetFugu, Inc. (GFGU) (remember my blog post detailing that?), the two pump & dumps are now friends! Like two murders reconciling in hell.

Here’s the whole meaningless yet gossipy PR that is bound to make you feel better about your life:
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TheStreetSweeper.Org: There’s A New Sheriff In Penny Stock Land

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Up until now, degenerates interested in learning about Penny Stocks had the choice between dozens, if not hundreds, of “free newsletters” (lthough bad information actually costs thousands of dollars per month) written by lying, unethical, read-their-sneaky-disclaimer stock promoters and little old me, the #1 ranked trader out of 35,000+ on Covestor (with 4 PennyStocking students in the top 10) who teaches people how to profit from penny stock hype & manipulation (as outlined in my instructional trading DVD packages, I’ve made millions, yes, millions…about $3 million now in the last decade…by buying hyped up Penny Stocks while they are being pumped and then Short Selling them when they inevitably turn into pump & dumps)…
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This Is Latest Penny Stock Pump & Dump Sponsored By The BestDamnPennyStocks.com Scam

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REMEMBER: You have until Friday November 6th to pre-order any/all of my 4 new instructional DVDs to get access to special FREE followup webinars on each topic…these instructional DVD packages will help you get smarter faster, saving you from thousands of dollars in ignorant trading losses

I’ve previously written about catching this promoter in a lie (right before the stock he was pumping got halted by the SEC…TIMalert subscribers and I made $10,000+ short selling into his manipulation) and did this:
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Is Seeking Alpha Caught In A Scandal On Diedrich Coffee Inc. (DDRX)?

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UPDATE: Seeking Alpha CEO responded:

Tim, the only circumstances under which we delete the bios of contributing authors are:
- if they are illegal, pornographic etc.
- if the author behaves in a way that requires the deletion of their entire identity on SA (normally only professional spammers or people who are consistently abusive).

We’ll look into it.

REMEMBER: You have until Friday November 6th to pre-order any/all of my 4 new instructional DVDs to get access to special FREE followup webinars on each topic…these instructional DVD packages will help you get smarter faster, saving you from thousands of dollars in ignorant trading losses

The other day I bought 1,000 shares of Diedrich Coffee Inc. (DDRX) at $25.70 and as I explained to TIMalert subscribers:
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Correcting Some Vicious Message Board Lies: TIMalert Subscribers Vs. Stock Promoters After We Made $5,000

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REMEMBER: You have until Friday November 6th to pre-order any/all of my 4 new instructional DVDs to get access to special FREE followup webinars on each topic…these instructional DVD packages will help you get smarter faster, saving you from thousands of dollars in ignorant trading losses

Reminder: LiveStock was today 1-2PM EST, you can now see it on demand so watch and learn!

When I first started making my instructional dvds and teaching TIMalert subscribers how to profit from the hype and manipulation in the penny stock market, and have since proved it by becoming the #1 ranked trader out of 35,000+ degenerates on Covestor and helping immigrants like these guys make $400,000+ in 2009 alone, I FULLY expected stock promoters, henchman of the stock promoters, penny stock suckers and really degenerates of all forms to attack my PROVEN style of trading because it went against their lying, wrong way of trading Penny Stocks…

But I ain’t gonna sit back and watch these degenerates badmouth and use their usual misinformation to corrupt the minds of those too weak and stupid to even realize it. Remember when BestDamnPennyStocks.com was caught in boldfaced lie trying to make suckers believe that I would actually naked short a stock when shares were EASY to short at Thinkorswim? Here are some more examples of someone lying through his soulless teeth:
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Yes, Charles Payne Of FOX News Is A Stock Promoter & Guess What His Latest Promoted Stock Did Yesterday?

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REMEMBER: You have until Friday November 6th to pre-order any/all of my 4 new instructional DVDs to get access to special FREE followup webinars on each topic…you might think these packages are expensive, but if you think about how much dumb trading losses and financial ignorance has cost you, you realize they’re actually quite a bargain (I make the analogy that while everyone loves free stock newsletters, the information is so bad/dangerous, you actually end up paying thousands, sometimes tens of thousands of dollars PER EMAIL in the end)

Understand I have ZERO problem with stock promotion (in fact I profit and teach others to piggyback paid pumpers into their stocks and then reverse and short when the pumpers inevitably turn into dumpers (yup, that’s what my PennyStocking strategy boils down to), but I do have have immense problems with stock promoters who pretend to give real market commentary (especially when they’re too cowardly to show ANY track record whatsoever)…Charles Payne’s joke of a “real market commentary” website WStreet is what I’m talking about…he has lured and suckered thousands of naive FOX viewers into believing he has useful knowledge while he gets paid thousands of dollars in exchange for “advertising” Penny Stocks (we live in the real world Charles, the real corrupt world because of people like you and this is called stock promotion…aka you’re advertising and suckering little old ladies into investing in the worst companies in the world…if you have a soul, it is going straight to hell, how do you even sleep at night you corrupt piece of…)

The latest promoted piece of crap stock that this inevitably-now-cursed-for-all-eternity-due-to-his-evil-deeds commentator has been pushing, which you can see here on his sketchy stock promotion website where he has a massive sales page starting with “Invest in the next-generation sweetener that has the makers of Splenda® running scared “Read on for 7 irresistible forces that could help this stock hand you 400% gains in 18 to 24 months!” blah blah blah blah blah blah, what really matters is the disclaimer:

Disclaimer: Charles Payne’s Common Sense Newsletter is an independent paid circulation newsletter. This online report is a solicitation for subscriptions. Charles Payne’s Common Sense Newsletter did not receive any direct compensation with respect to the writing of this online report. This stock was chosen to be profiled after Charles Payne’s Common Sense Newsletter completed due diligence on the stock. Charles Payne’s Common Sense Newsletter expects to generate new subscriber revenue, the amount of which is unknown at this time, to its newsletter through the distribution of this online report. Dynamic Global Media LLC paid thirteen thousand, eight hundred dollars to marketing vendors, to pay for all the costs of creating and distributing this report online in an effort to build investor awareness. This report does not provide an analysis of a company’s financial position. NXT Nutritionals Holdings, Inc.’s financial position and all other information regarding NXT Nutritionals should be verified with the company. Information about many publicly traded companies and other investor resources can be found at the Securities and Exchange Commission’s website at www.sec.gov. Investing in securities is speculative and carries risk. It is recommended that any investment in any security should be made only after consulting with your investment advisor and only after reviewing all publicly available information, including the financial statements of the company. This online report is not intended to be, nor should it be construed as, an offer to sell or a solicitation of an offer to buy securities. Charles Payne’s Common Sense Newsletter presents information in this report believed to be reliable, but its accuracy cannot be guaranteed.

(so maybe he didn’t get paid….this time…although my guess is that he got some sort of kickback from “the marketing vendor” paid $13,800 for a basic sales sheet (a bit high for one webpage, don’t ya think? After all, Payne’s last stock promotion website http://www.hotinvestorpicks.com/ got taken down (embarassed a bit Charlie you old dog?)…luckily, I saved the disclaimer:

DISCLAIMER:
This publicly distributed e-mail report of Charles Payne, is a sponsored advertisement. This paid advertising issue of Charles Payne does not purport to provide an analysis of any company’s financial position and is not in any way to be construed as an offer or solicitation to buy or sell any security. Charles Payne is a paid advertiser. Cardiac Network Inc.is the featured company. The distribution costs of this report to new subscribers, twenty four thousand dollars, were funded by DML Marketing in an effort to create investor awareness of Cardiac Network, Inc. DML Marketing is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter , but could be deemed an affiliate, of the featured company insofar as friends, family members and affiliates own approximately twenty percent of the company. Licensors, affiliates, officers, directors and employees do own shares and may buy and sell additional shares of the company mentioned herein for less than the expected price given in this material. We will not advise as to if or when they should decide to buy or sell and do not offer any opinion as to when others should buy or sell. Each investor must make that decision based on his or her judgment of the market. DML Marketing can be reimbursed for advertising costs and efforts at a later date by third party shareholders. The amount is unknown. It is anticipated that this report will generate new subscriptions for Charles Payne and expect to receive an unknown amount of revenue from new subscriptions from the subscription offer contained herein. Charles Payne, the reviewer [or analyst], has been paid eight thousand dollars in compensation for preparing and publishing this report and could receive additional compensation for ongoing reviews and additional publications over the following three month period. Neither, Charles Payne is a licensed broker, broker dealer, market maker, investment banker. Charles Payne was paid $15,000 for six month contract.

So Charles Payne DID get paid $23,000 total for that report and a “six month contract” (Charles, Charles, Charles, is that really all your soul is worth? My, my, my, I heard CNBC commentators were selling theirs for $50,000 a pop, you gotta charge more!) and let’s see if you can guess when this “advertisement” aka CHARLES PAYNE SPONSORED PUMP & DUMP was sent out:

OK, off topic, sorry, but I had to make sure you knew Payne is no way in hell (where he’s ending up)
clean and his latest pick is NXT Nutritionals Holdings, Inc. (NXTH) which I profiled just the other day as “The Single Most Manipulated Stock Right Now” on which a few TIMalert subscribers made some decent money:

out of 3,500 shares NXTH @ 3.19 after holding for 3 nights $750 profit
-BP
Couldn’t hold NXTH over the weekend, profit of $1296, thanks Tim!
-JR

I told TIMalert subscribers in subscriber-only emails that I wouldn’t buy the stock because as perfect as the runup was:

…I knew it could all fall apart just like similarly manipulated MNCS did 1.5 years ago:

(which TIMalert subscribers knew because I emailed them that chart ahead of time) and yesterday, despite Charles Payne’s rather “convincing” (NOT!) sales pages, that’s exactly what happened yesterday:

Don’t try to analyze or rationalize it…this is how pump & dumps collapse…and you guys gotta learn from these past examples…every time, even when the stock promoters deny it…and they blame “naked shorts” (although Payne and his buddies locked up shares to short of this one, in the exact same manner as Satan will likely lock up their souls)…and we can all laugh at NXTH’s CEO letter released late last night trying to pretend the company has a future and calm everyone down (why are your sales down 50%, losses growing out of control and your SEC filings state you might not be in business a few months from now?!?!?! Address that bitch!), but not mentioning the stock promotion or the sleazy financing deals they did all 2009 long (all in the SEC filings) that are the cause of such pump & dumps…

The cool thing is that I spent 1+ hour dissecting the skeletons in NXTH’s past in my Vegas seminar last weekend and you can watch me do that and more in my brand new 15+ hour TIMfundamentals DVD package, which I introduced last night and you can learn to dig through SEC filings like a pro in my 10+ hour brand new DVD on how to read SEC filings, also unveiled just last night.

Stock promoters will not go away anytime soon and I sincerely hope Charles Payne gets paid to promote another carcass…I know I’m doing good by teaching you guys how corrupt the world is and it’s kinda funny that FOX News turns such a blind eye…I always thought CNBC was more corrupt, but I guess in the prison called “financial media”, everyone’s a criminal, some more than others. Attica!

The Single Most Manipulated Stock In The World Right Now

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I’ve seen some huuuugely manipulated stocks in the past, crap like this one from 2008 (collapsed 99%), Aethlon Medical Inc. (AEMD) and of course Spongetech Delivery Systems, Inc. (SPNG) (collapsed 99%), but this latest one hasn’t collapsed….yet

It’s pretty incredible, check out the 10-day chart below:
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