IRMGF – Pump And Dump Alert September 19, 2014
P
lease read this important alert Penny Stock Scam in motion
If you don’t know how these schemes work, be sure to check out our free report that exposes the whole thing.
Just last week, this email hit my in-box
Our opening bell pick is inside
I knew a millisecond after reading the subject line exactly what I was looking at your good old fashioned pump and dump.
But this wasnt the normal kind of email
This was special.
How I Know The Email Is A Scam
You see, the email was from a .co.uk address meaning it was from overseas and the buy message was hidden in a graphic no doubt to try and overcome the aggressive spam filters.
They told me to buy IRMGF (Inspiration Mining Corporation) right now.
The email was so hastily written the scammer misspelled the word stock spelling it stokc.
So how do I know this scammer is from the deepest rungs of hell?
Its the missing disclosures.
You see, if you send out an email like this US securities laws require the sender to disclose how much theyve been paid and if they own any stock.
Go ahead and read that fine print in most of the pump and dump emails out there. Youll find it clear as mud buried in 8 point font in a 3,000 word disclosure paragraph.
The pump and dumpers might make it hard to find but at least theyre following the law.
This guy total disregard for the law.
No disclosure whatsoever.
No footnote, no disclaimer, no link to a disclaimer on another site
So I decided to take a closer look at the company
How To Analyze A Penny Stock Pump And Dump
I was chomping at the bit to read about this crazy little company
Clearly in the mining space
I was ready to tear through documents and uncover just what a load of BS the company is. But I never made it that far.
You see, around the time I received my email, the management team posted a press release.
Inspiration Responds to Recent Email Campaign
You can see it right here: http://www.inspirationmining.com/news.html?id=216
Right on the website, the management team is acknowledging the strange emails and telling shareholders they have nothing to do with it.
Its not often a management team from a small company can impress me, but Ive got to say, this is a strong act of integrity.
To come out and notify shareholders that something strange is afoot Bravo I say.
So Is Inspiration a real company?
I dont know. I didnt dig much deeper.
The company owns a number of mineral properties and theyre in the process of developing them Im sure. If youre interested in those types of investments, give them a look.
The only problem I see is the recent stock price manipulation.
It will be a few months for this to shake itself out so I wouldnt touch this stock any time soon. But at least you know management has passed the sniff test.
As for the Scamming Pumper who sent the emails?
Theyve probably already made some money and moved on. Maybe the SEC will catch up with them and send them to jail more than likely, Karma will bite them in the ass one day.
Profitably Yours,
Penny Stock Research
Category: Pump & Dump Alerts
