OMVE, LBGO – Pump And Dump Alerts – June 20, 2012

| June 20, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Omni Ventures (OMVE) and Liberty Gold (LBGO).

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”:

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 $4.3 million in the first three quarters of 2012.

This penny stock now trades near $0.12.

Penny Stock Rumors was paid $75,000 to pump shares of OMVE.   

Liberty Gold (LBGO)

Liberty Gold is involved in the exploration of gold, silver, and other precious metals. LBGO holds a 60% interest in Moneyrock gold project covering approximately 2,560-acres located 80 miles southeast of Fairbanks, Alaska. The company lost $167,000 during the last quarter of 2011.  In addition, LBGO has $0 revenue.

Currently, shares of this penny stock trade around $0.95.

Mad Money Penny Stocks was paid $40,000 by Winning Media to pump shares of LBGO.

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.