Category Archives: Penny Stocks

Joes Jeans ( JOEZ ) Reports 23% Increase – Stock Up

Joe’s Jeans Inc.  (NASDAQ: JOEZ) today announced financial results for the first quarter ended February 29, 2012. Highlights were:

  • Consolidated first quarter net sales increased 23% to $26.0 million;
  • Retail store net sales increased 40%;
  • Retail same store sales increased 22%;
  • Wholesale net sales increased 19%; and
  • Operating income increased 244% to $1.8 million for the first quarter of fiscal 2012.

JOEZ made MarketWatch’s Mover & Shakers list of top gaining stocks for Friday, trading as high as $1.56 – 25% higher than the closing price on Thursday.

Bye Bye North Springs – Pump & Dump

Anybody else notice that AwesomePennyStocks.com and all of those other touts participating in the first major stock scam of the year, North Springs Resources, stopped their daily barrage of 100s of emails today?  Somebody predicted this was going to happen this week, now who was that?  Oh yeah, it was us!  Without all of that email creating the hot air that’s holding this garbage up, expect this thing to tank and tank hard in short order.

One issue being pumped really hard lately is Hybrid Fuels, Inc and why not?  After all it has $550 in the bank, $6,000 in revenues for the last reported quarter and yet the company is only worth $15 million.  Now if you’re banking on Azul Instant, Nouveau Life Pharmaceuticals’ natural male enhancement product that is the rage of the reverse takeover of HRID and the scheme behind the current Pump & Dump, then we understand, but could anybody tell us where you can buy this wonder drug?  Or how about sales to date, because it’s going to take the hardening of a lot of male members to make this thing worth any close to $15 million.

It is amazing to us that people are still falling for the Lone Star Gold (LSTG) scam.  This Pump & Dump just turned 6 months old and has generated 10s of millions of dollars in investor losses in that time, while creating that amount of gains for insiders.The stock is trading at a third of the highs achieved early in the campaign and yet suckers continue to lap this crap up as the pumping emails continue.  Allvaro Vollmers, the brains behind this Ponzi scheme has his next con job, American Liberty Petroleum (OREO) all lined up and ready to go, but has delayed its start because even he can’t believe that he still has buyers for his intrinsically worthless paper.

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3 Small-Cap Chinese Stocks Worth Looking Into

With a population of over 1.4 billion and a booming technology industry, China has become a true player in the tech world with many top up and coming stocks worth looking at.

ACLS Announces Results

Axcelis Technologies, Inc. today announced financial results for the third quarter ended September 30, 2011.  Revenue for the third quarter was $72.5 million, compared with $93.4 million in Q2, and $75.1 million for the same period a year ago.

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