BMGP, GYST – Pump And Dump Alerts – March 15, 2012

| March 15, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Biomagnetics Diagnostics (BMGP) and The Graystone Company (GYST).

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

If you don’t know how these schemes 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”:

Biomagnetics Diagnostics (BMGP)

Biomagnetics Diagnostics is a development stage company.  BMGP currently designs, patents, and plans to market diagnostic equipment and immunoassays.  BMGP has no SEC fillings on record.

Shares of this penny stock currently trade near $0.02.

Mad Penny Stocks was paid $38,000 to pump shares of BMGP.

The Graystone Company (GYST)

The Graystone Company is a holding company with subsidiaries in natural resources, marketing, consulting, and real estate.  GYST shares are being promoted right now for test results related to its Gorilla Gold property in Peru.  We exposed a pump and dump scheme on this company back on January 12th.

This penny stock trades around $1.02 right now.

Street Penny Stocks was paid $10,000 to hype shares of GYST. 

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.