{"id":1077,"date":"2013-03-28T14:11:58","date_gmt":"2013-03-28T14:11:58","guid":{"rendered":"\/?p=1077"},"modified":"2013-03-28T14:18:55","modified_gmt":"2013-03-28T14:18:55","slug":"goff-corp-otcgoff-gets-a-paid-tout-report","status":"publish","type":"post","link":"\/articles\/goff-corp-otcgoff-gets-a-paid-tout-report\/","title":{"rendered":"Goff Corp (OTC:GOFF) Gets a Paid Tout Report"},"content":{"rendered":"

\"4GOFF_chart.png\"Yesterday, Goff Corp (OTC:GOFF<\/a>) got an initiation report from a Murphy Analytics (MA). The “independent investment research firm” has been paid $5.5 thousand in advance and gave GOFF<\/a> an “estimated 12 month price potential” of $4.00 per share. <\/p>\n

Paying some analyst to write a report with an outrages price target for a penny stock isn’t a new trick, and sometimes it can get a stock a short spike. Not all of those “analysts” keep a comprehensive history, but MA does, and it doesn’t look particularly well.<\/p>\n

\"92FARE.png\"GOFF<\/a> isn’t the first Awesome Penny Stocks (APS) pump job to get a tout report from MA. In January, the same “analyst” covered World Moto, Inc. (OTC:FARE<\/a>). For $5 thousand, he gave FARE<\/a> an estimated price potential of $1.20. At the time of the report FARE<\/a> was trading around $0.14. Yesterday it closed at $0.06.<\/p>\n

It seems MA is quite comfortable giving high prices for pump jobs. Several days after the FARE<\/a> report, he initiated Global Resource Energy Inc. (PINK:GBEN<\/a>) and gave his estimate at $0.25 per share. At the time GBEN<\/a> had a pump campaign going and it was trading around $0.05. Yesterday GBEN<\/a> closed at $0.023.<\/p>\n

There are quite a few other examples, and it may be a good idea to check them out before placing any reliance on the MA report on GOFF<\/a>.<\/p>\n

Meanwhile, GOFF<\/a> has issued yet another press release about their exploration plans. Again, there is no word on how they plan to fund their operations.<\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday, Goff Corp (OTC:GOFF) got an initiation report from a Murphy Analytics (MA). The “independent investment research firm” has been paid $5.5 thousand in advance and gave GOFF an “estimated 12 month price potential”...<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[117,24,14],"class_list":["post-1077","post","type-post","status-publish","format-standard","hentry","category-news","tag-fare","tag-gben","tag-goff"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=1077"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1077\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}