RCFEF, VIBE – Pump And Dump Alerts – March 19, 2012

| March 19, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  Rainchief Energy (RCFEF) and Vidable (VIBE).

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”:

Rainchief Energy (RCFEF)

Rainchief Energy is actively engaged in identifying, financing, and developing oil & gas energy resource properties in North America.  RCFEF recently signed a LOI with the group developing the Gulf Jensen Oil Prospect in New Mexico.  RCFEF has recorded $0 revenue as of their latest earnings report.

Shares of this penny stock currently trade near $0.23.

Penny Stock Rumors was paid $8,000 to pump shares of RCFEF.

Vidable (VIBE)

Vidable is a development stage company focusing on local video classifieds, social media, and video marketing optimization.  VIBE was previously known as The Black Hawk Fund, ZannWell, Inc., and USA Telcom Internaionale.  The company has no revenue at this time.

Currently, VIBE shares trade near $0.04.

Club Penny Stocks was paid $20,000 to hype shares of VIBE. 

A final word (and warning).

These are just a couple 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.