FDMF, GATA – Pump And Dump Alerts – February 29, 2012

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Freedom Energy Holdings (FDMF) and Groupe Athena (GATA).

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”:

Freedom Energy Holdings (FDMF)

Freedom Energy Holdings specializes in the identification and development of technologies with applications in the energy sector.  FDMF offers solutions for moving and cleaning heavy oil.  FDMF terminated their SEC registration in 2008.

Shares of this penny stock trade near $0.005.

Penny Stock Newsletter was paid $65,00 to hype shares of FDMF.

Groupe Athena (GATA)

Groupe Athena is a research and testing organization that provides technical and regulatory consulting services for biotechnical products, pharmaceuticals, and diagnostics.  GATA helps various pharmaceutical companies in India and southeast Asia.

Shares of this penny stock are currently trading near $0.51.

Street Penny Stocks was paid $15,000 by WSH, LLC to pump shares of GATA.

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.

Comments (2)

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  1. Doug Allison says:

    Brian, my question is: if you were to know that a pump and dump scheme is happening and get in before the spike, couldn’t you stand to make some money on it riding the wave and getting out before it drops?

    • Brian Walker says:

      Hi Doug. Yes that’s very possible but you need to keep a close eye on things. It can be difficult to judge when the pumping stops… leaving you holding the bag!

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