NCNE, HYII – Pump And Dump Alerts – June 11, 2012

| June 11, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  North Carolina Natural Energy (NCNE) and All Grade Mining (HYII).

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”:

North Carolina Natural Energy (NCNE)

North Carolina Natural Energy is a company managing alternative renewable energy solutions.  These solutions include biofuels, wind, agriculture and livestock.  NCNE has a joint venture with Lockard Development.  In 2011, NCNE had $0 in revenue and ended with just $1 in cash.  As of 2009, the company terminated their SEC registration.

Currently, shares of this penny stock trade near $0.005.

Penny Stock Newsletter was paid $60,000 to hype shares of NCNE.   

All Grade Mining (HYII)

All Grade Mining is a developmental stage company looking to acquire mining concessions in all phases and for all minerals. HYII is focused in South America, primarily Chile and currently owns an iron ore concession in central Chile, III Region.  As of March 2012, the company had no revenue and no cash… all while sitting on $1.1 million in liabilities.

Currently, shares of this penny stock trade near $0.635.

Perfect Penny Stocks was paid $30,000 to pump shares of HYII.

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

Tags: , , , , , ,

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.