TAXS, AHRO – Pump And Dump Alerts – January 23, 2012

| January 23, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  TaxMasters (TAXS) and Atheronova (AHRO).

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”:

TaxMasters (TAXS

TaxMasters is a company assisting taxpayers with IRS problems.  TAXS specializes in the resolution of disputes and assessments, and the settlement of tax liabilities. 

Shares of this penny stock currently trade near $0.16.

Research Driven Investor was paid $50,000 to pump shares of TAXS.

Atheronova (AHRO)

Atheronova is an early stage biotech firm focusing on the discovery, research, and development of compounds designed to reduce atherosclerotic plaque deposits.  For the three months ending September 2011, AHRO posted a $3.9 million loss.

Shares of AHRO trade around $1.02.

OTC Penny Picks was paid $16,000 to hype shares of AHRO.

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.