Seeking Alpha

otcmagic's  Instablog

otcmagic
Send Message
My company:
OTCMAGIC
My blog:
OTCMAGIC
  • What Happened To Pristine Solutions Inc. (OTC: PRTN) Santo Mining Corp (OTC: SANP) And Punchline Resources Ltd. (OTC: PUNL) And Vision Plasma Systems Inc. (OTC: VLNX) 0 comments
    Oct 11, 2012 12:52 PM

    Anyone with an eye on Penny Stocks over the past few years has seen the rise of known stock promotion groups such as AwesomePennyStocks (APS) StockMarketAuthority (SMA) and TheBullExchange (TBX) as they gained notoriety and investors came to each preceding pick with certain expectations - most of which have been shattered in recent months.

    Investors are asking:

    What Happened to PRTN?

    What Happened to SANP?

    What Happened to PUNL?

    What Happened to VLNX?

    Pristine Solutions Inc. (OTC: PRTN) was AwesomePennyStocks (APS) pick that followed in the foot-steps of such success stories as NSRS, SNPK and GWBU. Right out of the gate this one traded much weaker than its predecessors and the stock never managed to make it over the $0.50 mark. Absent were the multi-million dollar hard mailers that catapulted NSRS/SNPK to dollars per share. PRTN failed where those succeeded and now trades for well under a nickel where it should be trading.

    Santo Mining Corp (OTC: SANP) was StockMarketAuthority (SMA) new big pick that traded as high as $1.70 per share shortly after they announced it. Where SEFE their previous pick managed an intra-day run to almost $3 per share SANP was heavily attacked by the shorts just days after SMA announcement and they have since buried the stock. While SANP has since come back to over $0.60 per share the damage is done on this one and its over as fast as it started.

    Punchline Resources Ltd. (OTC: PUNL) was the new pick from Bollinger Research that followed in the footsteps of IDNG which exploded to over $4 per share. PUNL never reached even a fraction of that success and was attacked aggressively by the short position that was all too aware of how fast they took down the now infamous IDNG. Don't expect much more from PUNL here, those responsible have already moved onto to something else.

    Vision Plasma Systems Inc. (OTC: VLNX) was the latest pick from TheBullExchange (TBX) that collapsed on its first day out of the gate. Word is that TBX got back-door on that one as there was an aggressive seller with a big block of stock that they didn't't know about. In any case the stock now trades for less than a penny.

    All of these stock spelled huge losses for the investors unlucky enough to trade them and there are still many investors who hold their positions hoping the stock will rebound. Make sure you are subscribed to OTCMagic.com so you get the inside scoop on any of the companies mentioned in this article.

    OTCMagic.com is quickly becoming the preeminent destination for up to date information on the hottest stocks in Penny stock World.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Themes: SANP, PRTN, VLNX, PUNL
Back To otcmagic's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

  • MDMC and PZOO on watch for this week!
    Jul 29, 2012
  • GTGP hit .60 cents last week. Epci run from sub pennies!
    Jul 29, 2012
More »
Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.