WBSI, CFGX – Pump And Dump Alerts – June 21, 2012

| June 21, 2012 | 0 Comments

Pump and DumpWelcome to today’s Pump and Dump Alerts, where we will be exposing these two companies:  WebSafety (WBSI) and Capital Financial Global (CFGX).

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”:

WebSafety (WBSI)

WebSafety markets and distributes internet software applications and services for computers and cell phones.  WBSI distributes its software applications through the Internet, which allow parents or other caregivers to monitor and be notified of occurrences of predator advances, cyber bullying, and pornography received on children’s computers.

In April, we exposed a pump and dump scheme being run on WBSI.  At the time, shares traded near $0.06.  Shares now trade near $0.03.

007 Stock Chat was paid $12,000 to pump shares of WBSI.   

Capital Financial Global (CFGX)

Capital Financial Global is a specialty finance company that provides asset-backed financing and loan advisory services.  CFGX is focused on insurance trusts & pension funds, owners of commercial real estate, owners of residential real estate pools, and owners of mining & precious metals assets.

Currently, shares of this penny stock trade around $0.009.

My Best Stock Alerts was paid $2,000 to pump shares of CFGX.

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.