TLFX, QUMI – Pump And Dump Alerts – June 18, 2012

| June 18, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  TeleFix Communications Holdings (TLFX) and Quamtel (QUMI).

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”:

TeleFix Communications Holdings (TLFX)

TeleFix Communications Holdings is a minority-certified, woman-owned turnkey wireless telecommunications company.  TLFX is still a developmental stage company operating in wireless infrastructure development market.  The company lost $274,799 in the first quarter of 2012.

Back in May, we exposed a pump and dump scheme being run on shares of TLFX.

Back then shares traded near $0.46.  Currently, shares of this penny stock trade near $0.08.

Hero Stocks was paid $10,000 to hype shares of TLFX.

Quamtel (QUMI)

Quamtel provides prepaid telecommunications services with an emphasis on transporting calls that originate from the United States and Canada.  QUMI primarily offers EasyTalk, a prepaid calling service for making international calls.  For the first quarter of 2012, QUMI lost over $2.6 million.

After various attempts at pumping this stock, shares of QUMI have consistently fallen.  In April, we exposed the latest pump and dump run by The Stock Exploder.  At the time, shares traded at $0.22.

Currently, this penny stock trades near $0.08.

OTC Reporter, a subsidiary of Garden State Resources NJ LLC, was paid to pump shares of QUMI.  The parent company received $175,800 from Praetorian Media, LLC.

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.