AGCZ, FCTOA – Pump And Dump Alerts – March 27, 2012

| March 27, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Andes Gold (AGCZ) and Fact Corp. (FCTOA).

Here we identify a couple of the “bogus” promotions going on in penny stocks today.

If you don’t know how these scams work, be sure to check out this free report that exposes the whole thing.

Without further ado, here are today’s “disasters waiting to happen”:

Andes Gold (AGCZ)

Andes Gold, through its wholly owned subsidiary, Compaqia Minera P.L., controls a gold mining and exploration concession in Ecuador called the Miranda Alto.   AGCZ is itself, a subsidiary of New World Gold Corp.  Andes terminated its SEC registration in 2005.

Shares of this penny stock currently trade near $0.06.

Moving Pennies was paid $3,000 to pump shares of AGCZ.

Fact Corp. (FCTOA)

FACT develops and markets customized nutrition solutions created specifically for the baked-goods industry. FCTOA focuses on commercial bake mixes and ready-to-eat bakery products.  FACT lost over $1.6 million in the first three quarters of 2011.

Currently, shares of this penny stock are trading at $0.14.

Micro Stock Profits, a Blue Wave Advisors company, was paid $60,000 to hype FCTOA. 

A final word (and warning).

These are just a few of the current inglorious “pump and dumps”.

Remember, there’s a lot more of this going on than we can highlight here.

For more in-depth coverage of penny stock pump and dumps, be sure to sign up for our free newsletter, Penny Stock Research.

As you know, penny stocks are a great place to invest your money.  You just have to do your due diligence to stay away from all the scams out there these days!

Until next time,

Brian Walker

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Category: Pump & Dump Alerts, Pump & Dump Daily

About the Author ()

Brian joins the Penny Stock Research team as a seasoned independent trader and financial analyst. Brian graduated with a B.S. from the University of North Florida and now resides in Scottsdale, Arizona. With a background in economics and statistics, he has a keen ability to uncover profitable and growth-focused companies. He has years of real life know-how in analyzing fundamental and technical data that gives him an edge drilling down on companies and financial results. With over 15 years trading experience, Brian has become an expert in the ever-changing equities markets. Today, he scours the markets hunting for penny stocks that offer low risk and high reward.