GWBU, OMVE – Pump And Dump Alerts – May 15, 2012

| May 15, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies: Great Wall Builders (GWBU) and Omni Ventures (OMVE).

Here we identify a couple of the potentially “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”:

Great Wall Builders (GWBU)

Great Wall Builders is a developmental stage company that plans to provide affordable homes with a solar integrated system in Texas. GWBU is looking at opportunities in the United States as well as in China.   As of December 2011, the company had $0 cash and an accumulated deficit of over $126,000.

Currently, shares of this penny stock trade near $1.54.

Penny Stock Insiders received $50,000 to pump shares of GWBU.   

Omni Ventures (OMVE)

Omni Ventures is a development stage company.  OMVE, through its subsidiary, PRVCY Couture, Inc., manufactures and sells men’s and women’s clothing.  The company sells directly to specialty stores and local chain stores, primarily in the western United States.  The company lost $1.5 million in the last three months of 2011.

Currently, shares of OMVE trade at $0.37

Penny Stock Club was paid $30,000 by Intervcap, LLC to hype shares of OMVE.

A final word (and warning).

These are just a few of the potential “pump and dumps” we’ve seen lately.

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

For more in-depth coverage of potential 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 schemes and 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.