PSRU, PFIE – Pump And Dump Alerts – January 31, 2012

| January 31, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Pure Spectrum (PSRU) and Profile Energy (PFIE).

Here we identify a few 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”:

Pure Spectrum (PSRU)

Pure Spectrum manufactures and licenses lighting technology for use in residential, commercial, and industrial applications worldwide.  As of June 30, 2011, PSRU had a working capital deficit of $3,098,868. 

The shares currently trade around $0.0004.

Surfs Up Stocks was paid $2,000 by Stock Goodies LLC to pump shares of PSRU.

Profile Energy (PFIE)

Profire Energy provides burner-management systems and services for use in oilfield combustion sites throughout Canada and the US.  PFIE was formerly known as Profire Combustion, Inc. and changed its name to Profire Energy, Inc. in January 2009.

Shares are currently trading near $1.30.

007 Stock Chat was paid $23,000 to hype shares of PFIE. 

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.