I like exposing Penny Stock Pump and Dumps. Most of my research is done to help good hard working people avoid being scammed into investing in a pump and dump. Share the reports to show Seeking Alpha they are worth publishing this kind of information to help people avoid losing money in pump and... More
$CTLE initiated a 25:1 forward split that cleared on May 12, 2012
This led to insiders having 103,125,000 FREE TRADING SHARES
No coincidence that a paid promotion has followed
November 11th 2012 RocketAlerts.com was compensated $675,000 see picture below) to pump $CTLE
(click to enlarge)
As you can see there was little trading action prior to November 11, 2012. This is why the insiders paid Rocketalerts.com to promote $CTLE. They are paid to bring in suckers so the insiders have someone to sell their shares too.
It is just a shame that the pumpers have brought in alot of suckers. These suckers will get crushed when the dump occurs as the insiders selling their free trading shares laugh all the way to the bank!
CTLE has little to no assets and at these levels the company is valued at $250,000,000+ .
Shares Outstanding 204,125,000
Current Price: $1.48
(click to enlarge)
Promoters Track Record.
Rocketalerts last pump was $BION which went from pump highs of $1.80 to lows of .02 couple months later. BION currently trades around .05
$CTLE future fate is most likely the same. $CTLE is a pump and dump that will slowly dump into the ground in the next few months. Do not go down with the ship, YOU HAVE BEEN WARNED.
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Maybe because I am trying to help people from getting scammed. Yes I am short to because this thing will dump because as you can see this was set up to be a pump and dump. Have fun going down with the ship.
Wow, if the date on this article is true, you must have made a killing. Stock just dropped below $.19. 50% drop from just a week ago and rough 90% drop from this article posting. Time to start following your articles.
Should we short all of rocket alerts stock promos?
I didn't make much. To short a stock there has to be borrows. You also have to pay a borrow fee. You also need 2.50 for every share you short so takes up a lot of capital. If I was rich yes I would of just shorted and let it sit there. However, there are also buy ins. If the broker cant borrow the shares anymore they will buy you in so I probably couldnt of held that long anyway. However I did make $900 money see my trade here http://bit.ly/14opEjy . I have been doing good trading and have a lot more to play with now than I had then.
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$CTLE Is A Pump And Dump 6 comments
$CTLE is a Pump and Dump here is why.
(click to enlarge)
As you can see there was little trading action prior to November 11, 2012. This is why the insiders paid Rocketalerts.com to promote $CTLE. They are paid to bring in suckers so the insiders have someone to sell their shares too.
It is just a shame that the pumpers have brought in alot of suckers. These suckers will get crushed when the dump occurs as the insiders selling their free trading shares laugh all the way to the bank!
CTLE has little to no assets and at these levels the company is valued at $250,000,000+ .
Shares Outstanding 204,125,000
Current Price: $1.48
(click to enlarge)
Promoters Track Record.
Rocketalerts last pump was $BION which went from pump highs of $1.80 to lows of .02 couple months later. BION currently trades around .05
$CTLE future fate is most likely the same. $CTLE is a pump and dump that will slowly dump into the ground in the next few months. Do not go down with the ship, YOU HAVE BEEN WARNED.
(click to enlarge)
Never invest in a pump and dump!
Disclosure: I am short CTLEE.PK.
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.
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Should we short all of rocket alerts stock promos?
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