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BGBR – Pump & Dump?

Posted on 19. Apr, 2010 by in Random Noise, scam, Stock Trading

Long time ago, I signed up with on a website called daytradingrobot; a site who´s owner claims to send out stock picks which will skyrocket after he calls them. Today I got an email from him (Jason) about his stock pick of 2010 – a small company called Big Bear Mining Corp. featured on OTCBB as BGBR. I have never really followed any of these promotions before, but as I was in front of my screen the entire day today, I decided to follow BGBR on Think or Swim. After all, Jason from Daytradingrobot wrote the following “If BGBR does not triple in price over the next 4 weeks I will RETIRE as a stock picker.” This guy is promoting stuff all year round, and BGBR is his latest target. BGBR started out around 1.23 on my chart when the US session started and it took off rather quick all the way up close to 1.40 and then it started to drop back down. It closed close to 10% higher than where it started this morning. Now it will be interesting to see what happens over the next four week. Will “Jason” be able to send enough mails out, to get the stock price to triple in less than four weeks? I have a feeling this will be a tough challenge, but somehow I am pretty sure that the team behind daytradingrobot will keep sending their “stock picks”, no matter what happens to BGBR. Earlier today I read over at Tim Sykes blog, that he is looking for a possible short trade on BGBR. If you don’t know, these kinds of setups are exactly what Timothy Sykes is looking for. Just for the fun of it, I have pasted the disclaimer from daytradingrobot in below. This should make an alarm bell ring guys. If you would like to get started with Pennystock trading, and think that daytradingrobot will make you rich, take a couple of hours off and read everything over at Timothysykes.com

Verify all claims and do your own due diligence. This report is for information purposes only, and is neither a solicitation or recommendation to buy nor an offer to sell securities. Daytradingrobot is not a registered financial adviser. daytradingrobot.com is not a broker-dealer. Information, opinions and analysis contained herein are based on sources believed to be reliable, but no
representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. daytradingrobot.com accepts no liability for any losses arising from an investor’s reliance on the use of this material. daytradingrobot.com has been contracted to receive fifty seven thousand five hundred USD by a third party (mennen creative limited) for six week coverage of BGBR. To my knowledge Mennen creative limited may own shares of BGBR. daytradingrobot.com and its affiliates or officers have purchased and sold and will purchase and sell shares of common stock of BGBR, in the open market at any time without notice. daytradingrobot.com will not update its purchases and sales of BGBR in any future postings on daytradingrobot.com . Certain information included herein is forward-looking within the context of the Private Securities Litigation Reform
Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. The words “may”, “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend,” ” project,” and similar expressions (Legend!) and variations thereof are intended to identify forward-looking statements. Such forward- looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed
herein. daytradingrobot.com does not set price targets on securities.

Related posts:

  1. BGBR Update – Marketing or Stock Guru?
  2. Seems like Jason Kelly Didn´t Retire – BGBR around 0.40
  3. Super Affiliate to Super Pennystocker? – Zac Johnson
  4. How to safely buy CLNE

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4 Responses to “BGBR – Pump & Dump?”

  1. Plinker says:
    You are exactly right and “Pump and Dump” is the expression, however I was under the impression it was against the law to manipulate the market and this seems to be what is happening.

    Do you guys down there South of the border have laws any more? With another Pump and Dump scheme I saw the equity jump up and down for at least thirty times in the day and was wondering exactly who was buy and selling low and selling high?

    If I did that on just on 30% shift thirty times with $10,000 what would I have at the end of the day? But I would feel dishonest and dirty!

    Plinker

    COMMENT  
  2. mostock says:
    I do not receive the letter.I have some stocks here for one reason they have a strong geologists , believe or not! how they get it? all in this business a ask. they have strong goodwill with that geologist.I see a very pop rally this Monday 26 2010 over $1.50
    COMMENT  
  3. [...] 2010 by Jakob in Random Noise, Stock Trading I wrote a post about BGBR some days ago (read the post here). BGBR was a stock pick from the site DayTradingRobot. The day the trade was called BGBR was priced [...]
    COMMENT  
  4. [...] about Jason Kelly, he had a stock pick for all his readers; BGBR. You can read my post about it here. Basically Jason (DayTradingRobot) was sending out his newsletter to pump up the price of BGBR. [...]
    COMMENT  

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