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100 - pennies:pimp from 1 penny to -1 penny in six weeks :Graucho
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Solely, my opinion, I would never assume anything but positive things about this fine company ORFG.
1. Modern day P&D's are almost always a Chinese company that did a reverse merger. There have been a truck load of these lately and the SEC has done nothing about them. They have all imploded, been delisted, etc etc. http://www.zerohedge.com/article/dee...e-merger-fraud http://www.zerohedge.com/article/mos...anagements-all http://www.businessinsider.com/inter...ncrease-2011-4 http://www.fool.com/investing/intern...d-to-know.aspx 2. Historically, most P&D's choose a "hot sector". Gold, and commodities in general, are hot right now. "Green Energy" is also a hot pick for P&D. In the late 90's it was tech stocks. 3. Historically, P&D's have their "finds"/"technology" outside the USA. Can you say "BRE-X"? Totally unrelated to the above, lets review ORFG: - Its headquarters are listed in China Headquarters: 93-B342 Xinliu Street, Zhongshan District 116001 Dalian CHN - It recently had a reverse merger - It is investing in Gold - They are mining in Colombia With all of the above considered I would have to put a strong BUY on this company... Cramer: "BUY BUY BUY" |
It's true, same goes with nickel.
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Thanks for the buy recommendation :pimp |
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Bump for the penny stock pumpers...lmao
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jay, are you still holding aapl?
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The issue with this stock is its a pump and dump. What will get you is the low low volume. Average daily trade is 300k shares. It is at a high right now with 2million trades aday. The problem lies when you go to dump it. The share price will typically fall faster then what you can sell when you sell large #s of shares being it has so few shares being actually traded.
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On a side note, I think you meant "meant" and "hundredths". |
Game plan for screwing you:
Issue 100 millions shares at 3/4 of 1 cent (0.0075) - done Hire a promoter to get volume in the stock - done Wait till rule 144a lockup expires on shares (june) - 6 weeks (coincidence?) Unload shares. - pending As long as the price stays above 1 cent they make money and you loose. They could sell shares at 2 cents each and still be making a 3x on their money. |
Pathetic .......
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4 weeks to go! *thumbs up*
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Things must be pretty bad if xxxjay is a paid penny promoter now.
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Your going to see a record number of IPO's the next few years, the SEC is too dam lazy and the banks have too much cash, this is the age of M&A and IPO. Make all of your companies into one holding group, hire a great CPA, IPO then get out.
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Not saying xxxjay is a promoter, just that there clearly is *a* promoter working the stock. Responsible for the abnormal extreme increase in volume. btw good promoters clean up. things are definitely not financially bad for them assuming they can sleep at night. |
Oh, but Dr. Hans Bocker is now chair! Apparently he wrote a book you can't find anywhere...
I love it... A vehicle detailing company from Northern Alberta turning in to a Gold acquisition and exploration company based out of China with 2 employees and a net profit margin of -70,000%. Short it if you can... |
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Here comes the dump
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Looks like you got suckered into buying overinflated crap. Congrats.
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we have a winner!! . |
Down to .14 http://finance.yahoo.com/q?s=ORFG.PK
Hope nobody read this thread and bought some, only to get the wrong end of the pump and dump. |
I'd be curious to know how everyone fared. Anybody want to admit their involvement?
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Fucking pump and dump. Someone is a real asshole!
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Good luck jay!
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Don't worry its not too late to get in. :1orglaugh
The stock has much lower to go... haven't hit the bottom yet. |
Congrats to the winners!
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In the 6 weeks since, it's gone straight down. Hope you were able to cash out higher than you bought :) Current price of the stock is $0.14. (6-1-11) |
Congrats to the winners.
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congrats to the losers.
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Fucccccccccccck.
Just like Boneprone's "locked" bets. I stoped reading this forum for almost 2 years and was doing fun, not I just lost 100K on this shit. |
http://2.bp.blogspot.com/_XdP6Lp2ceq...dame_orba4.jpg
Pump & dump wiki : "Pump and dump" is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, in order to sell the cheaply purchased stock at a higher price. Once the operators of the scheme "dump" their overvalued shares, the price falls and investors lose their money. Stocks that are the subject of pump-and-dump schemes are sometimes called "chop stocks". http://www.techshout.com/images/storm-worm-alert.jpg |
ouch, I hope no one here got suckered into buying it...
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http://www.elevenentertainment.com/gfy/orfg.jpg
In a nutshell: if you bought ORFG before it's very impressive rise in price at, say, 0.12, and sold just before the stock fell off a cliff at, say, 0.31, you would've multiplied your investment by over 2.5 times. If you bought this stock around the time this thread was started and are still holding it, you've lost well over 50% of your original investment. Here's the best investing advice you'll ever get: Buy Low, Sell High. You're welcome. |
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Only INSIDERS bought this stock before the spike. No one else stands a chance on shit like this.
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Like you had a 100k
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Only down about 60%. Not too bad for a GFY stock tip.
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Never invest in penny stocks!!
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