NVIV, VELA – Pump And Dump Alerts – November 28, 2011

| November 28, 2011 | 0 Comments

Welcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  InVivo Therapeutics Holdings (NVIV) and Vela Tel Communications (VELA).

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”:

Invivo Therapeutics Holdings (NVIV)

InVivo Therapeutics Holdings is a development stage company focusing on developing and commercializing a biopolymer treatment for spinal cord injuries.  The company is also working on a hydro gel used to treat acute spinal cord injuries. 

This penny stock is currently trading around $2.48.

NYC Marketing was paid $20,000 by Costa Point Ventures to market NVIV.

Vela Tel Communications (VELA)

Vela Tel Communications operates as a telecommunications carrier in China and Peru.  It focuses on the deployment of telecommunications networks that utilize wireless broadband access.

The shares currently trade near $0.101.

Penny Psycho was paid $40,000 by Stock Mister, LLC to hype VELA.

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.