IDOI, NXOI – Pump And Dump Alerts – March 29, 2012

| March 29, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies: IDO Security (IDOI) and Next 1 Interactive (NXOI).

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”:

IDO Security (IDOI)

IDO Security Inc. engages in the design, development, and marketing of devices for the homeland security and loss prevention markets. It offers a shoe scanning device (SSD) that is used in security screening procedures to detect metallic objects concealed on or in footwear, ankles, and feet through the use of electro-magnetic fields.

Shares of this penny stock currently trade near $0.53.

Penny Stock Club was paid $30,000 to pump shares of IDOI.

Next 1 Interactive (NXOI)

Next 1 Interactive is a media based company focusing on two market segments, travel and real estate.  NXOI purchased the Resort and Residence TV (R&R Network) in August of 2009.  We exposed a pump and dump back on shares of this sub-penny stock back in November 2011.

Currently, shares of this penny stock are trading at $0.0011.

Penny Stock Rumor was paid $5,000 to hype shares of NXOI. 

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.