DOGO, NECA – Pump And Dump Alerts – December 28, 2011

| December 28, 2011 | 0 Comments

Wasting MoneyWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Digagogo Ventures (DOGO) and New America Energy (NECA).

Here we identify a few of the “bogus” promotions that are 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”:

Digagogo Ventures (DOGO)

Digagogo Ventures runs a perpetual sales and distribution network that generates economic benefits for the members of the network.  DOGO has $50,000 in revenue so far in 2011… and a $7.9 million loss for the same time period.

This penny stock is currently trading around $0.10.

Penny Stock Finder was paid $17,500 to hype shares of DOGO.

New America Energy (NECA)

New America Energy is an exploration stage company with mineral property rights in two agreements.  NECA has yet to generate revenue in any form and is paying to maintain the property rights it does hold.  In addition, New America Energy has $549 in cash.

The shares currently trade near $0.365.

OTC Picks was paid $40,000 by Investment ABC’s to pump NECA.

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.