FLMC, AMWI, WDKA – Pump And Dump Alerts – November 22, 2011

Wasting MoneyWelcome to today’s Pump and Dump Alerts, where we will be exposing these three companies:  Florida Micro (FLMC), Amwest Imaging (AMWI), and Panache Beverage (WDKA).

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”:

Florida Micro (FLMC)

FLMC provides technology solutions to business, government, and educational institutions.  Florida Micro is also a principal source of technology products and services.  The company has no SEC filings.

This penny stock is currently trading around $0.65.

Penny Stock Pulse was paid $3,500 by Downwind Holdings for promoting FLMC.

Amwest Imaging (AMWI)

Amwest Imaging is a development stage company.  They focus on helping companies become efficient through digital conversion and indexing of documentation. AMWI has not generated a penny of revenue since its inception in April 2010. The shares currently trade near $0.18.

Awesome Penny Stocks was paid €15,000 by the Tengeria Foundation to hype AMWI.

Panache Beverage (WDKA)

Panache Beverage is an alcoholic beverage company involved with the development and global sales of spirits brands. Panache has three brands… Wodka Vodka, Alchemia Vodka, and Alibi Bourbon.  Their stock trades around $1.83.

Buzz Stocks expects to receive 25,000 restricted shares of WDKA for running a six-month promo campaign.

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 (5)

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  1. Rizwan Sayani says:

    If penny stocks are so hyped up, then how come some of the companies actually do look legit as well as come out on top or at least a few dollars above the penny stock price?

  2. Rich says:

    I made some money on amwi buying at .40 and selling at .50. My jaw dropped as it headed to more than 1.30. There was no way that was justified and I was vindicated when it dropped to under .30. I guess there’s money to be made off of the gullible if you don’t get greedy.

  3. Larry Henry says:

    Awesome Penny Stocks hawked AMWI,stating it was an excellent investment, headed toward $2.00. I invested a bundle, thinking long term.
    My “bundle” is now worth 7 cents per share. I just checked out the company. Sounds like a bunch of crooks skimming their profits.

  4. Mike says:

    It should obvious, when you get a free email telling the XYZ stock is the next Google and that by investing a few grand you will be a millionaire in a week, that it’s a pump and dump scheme. If you lose your shirt, you should have known better.

    Having said that, I can’t think of one stock AwesomePennyStocks has pumped in the least 2 years that has not skyrocketed after their initial email. I profit thousands every single time, but I only hold them for a few days or a week at the most.

    The last one, NSRS, came out at 18 cents. I bought $10,000 worth and sold it 3 days later for $16,600. Over the next 17 days it went up to over $1.70. Yesterday and today it plummeted. If you were dumb enough to hold it that long, sorry. You should have known better.

    It is what it is and for people who take a deep breath, step back and acknowledge that, there is easy money to be made. For those who insist on out-thinking themselves, I only hope you aren’t betting more than you can afford to lose because you will lose it.

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