TNIB, GBEN – Pump And Dump Alerts – September 6, 2012

| September 6, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  TNI BioTech (TNIB) and Global Resource Energy (GBEN).

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”:

TNI BioTech (TNIB)

TNI BioTech is a Florida-based company that has acquired patents related to research activities for the study of cytokines.  Cytokines are hormones naturally produced by the immune system. TNIB is focused on the infectious disease market with its lead compounds being designed for the treatment of AIDS and cancer.  The company has less than $400 in cash and lost over $146,000 in the quarter ending June 2012.

This penny stock is currently trading near $1.25.

David Cohen and RDI were paid $35,000 by BBC, Inc. to pump TNIB.

Global Resource Energy (GBEN)

Global Resource Energy is a developmental stage company focused on acquiring interests in the clean fuel sector. GBEN was formerly known as Aura Bio Corp and changed its name to Global Resource Energy Inc. in December 2010.  In the quarter ending April 2012, GBEN lost $77,206.

We exposed a pump and dump scheme being run on GBEN back in July.  At the time, the stock was trading as high as $0.49.  Shares of GBEN were trading down near $0.12 today.

Penny Stock Market Bulls was paid $30,000 to hype up shares of GBEN. 

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

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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.