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Thursday, January 26, 2012

Beware Awesome Penny Stocks, (as seen on Yahoo front page).

(Edit update - March 12, 2012, 5:40pm)  After rising from 14 cents all the way to $1.72, NSRS has settled nicely at....13 cents! Yet some of the pennystock newsletters claim that NSRS is one of their biggest success stories ever, gasp).

As Reported here on WallStreetChange in our previous story, Yahoo appears to be embracing inaccurate stories and is now allowing companies to advertise on their main page that may be violating investment laws. 

I saw an ad for Awesome Penny Stocks on Yahoo's front page in early  January and figured that Yahoo would not allow companies of questionable business practices to advertise on their front page.

Was presuming that Yahoo at the very least would make sure they are not validating companies that may be manipulating penny stocks above and beyond the area of plausibility, an outrageous presumption to make?

I don't know if it was a joke, but Awesome Penny Stocks actually sent out an email with pictures of what appear to be bags of gold in the foreground just below a hillside that has a gold coloring to it, a shot of a pic axe by a possible mining site, and a guy standing where I don't know, but, "working diligently" presumably to help O.J. Simpson find the killer of Nicole Brown Simpson, er, gold. 

I practically fell out of my chair laughing when I saw the pictures and accompanying captions. While one of the captions claims to be patient, the daily email message headlines would have made the trashiest newspaper rag proud.


I decided to email awesome penny stocks and alert them that their tireless attempt to pump NSRS (23 emails between Jan. 04 and Jan. 25th) is probably illegal simply because this blatant pumping is being done without any proof that income is rising or will rise in the foreseeable future.

Buying a mining site does not guarantee income. Otherwise, two failed mining sites could simply swap their properties and then PR that they have acquired a new mining location.

After emailing awesome penny stocks with the following message...
You do realize that a stock won't reach full market value until it starts producing real revenue. I think eventually you could end up being charged with some type of stock trading crime. I'm not trying to be mean, but it's ridiculous to try and get this stock to four or five dollars without it producing any tangible results.
I hope you have some consultants to confer with.
-Alessandro Machi, 
I received the following message from the email server stating the email address that I replied to for awesome penny stocks, is non-existent.
picks@awesomepennystocks.com (after RCPT TO): 550-The mail server could not deliver mail to 550-awesome@hostname.awesomepennystocks.com. The account or domain may not 550 exist, they may be blacklisted, or missing the proper dns entries.
What is kind of amazing to me is the stocks that Awesome penny stocks refers to that have risen by dramatic amounts, took 60 MONTHS to achieve their success.

It sure looks like Awesome Penny Stocks is trying to do in a few weeks or a month or two, what the very examples they themselves cite took 5 years to achieve.

How much would it have cost Yahoo to actually get on awesome penny stocks email list and monitor this company? I'm offended that yahoo let this company advertise on their main page, aren't you?

1 comment:

Anonymous said...

Sometimes, patience is it's own reward. Wait it out, let them move forward and see what happens. I've invested alot in NSRS myself, and am in the red, big time, however, I see potential, and am in it for the long haul...

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