{"id":1150,"date":"2013-04-05T13:12:42","date_gmt":"2013-04-05T13:12:42","guid":{"rendered":"\/?p=1150"},"modified":"2013-04-05T13:41:46","modified_gmt":"2013-04-05T13:41:46","slug":"double-crown-resources-inc-otcddcc-still-attracts-buyers","status":"publish","type":"post","link":"\/articles\/double-crown-resources-inc-otcddcc-still-attracts-buyers\/","title":{"rendered":"Double Crown Resources, Inc. (OTC:DDCC) Still Attracts Buyers"},"content":{"rendered":"<p> Watching a promoted stock keep its ground and even rise further is an exciting affair, much like building a tower of cubes, knowing the collapse is close but not certain when it would happen. This is the case of Double Crown Resources, Inc. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DDCC\">DDCC<\/a>), an entertainment company that climbed four times in two weeks, mostly on robust buying volume. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/DDCC0405.png\" border=\"0\" alt=\"DDCC0405.png\" title=\"DDCC0405.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>Two weeks is a long time for a promotion, and this one may be nearing its term. But the <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DDCC\">DDCC<\/a> ticker may be supported by an active flow of press releases, touting its upcoming fracking and petrol projects. Let&#8217;s see how much resources <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DDCC\">DDCC<\/a> has for such expensive partnerships and developments: <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/NORX0405.png\" border=\"0\" alt=\"NORX0405.png\" title=\"NORX0405.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>$2,902 cash<\/li>\n<\/ul>\n<ul>\n<li>$1.07 million current liabilities<\/li>\n<\/ul>\n<ul>\n<li>Zero revenues<\/li>\n<\/ul>\n<ul>\n<li>$37,503 operating loss<\/li>\n<\/ul>\n<p>The ticker was promoted by moderately expensive email campaigns, priced at $5,000 or $3,000, continuing for a short while. Among the pumpers are the notorious and active Moving Pennies. Currently, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DDCC\">DDCC<\/a> is suitable for promotion, since the fracking industry is in fashion with much promise for cheap hydrocarbons. But it is easily seen that the biggest engine behind the price of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DDCC\">DDCC<\/a> is mere imagination, hype created to attract investors. The biggest risk of selecting a promoted stock is the sharp retreat that often follows when there are no more new emails to draw in buyers.<\/p>\n<p>The energy company seemingly attracted private investment to the tune of $176,000, in exchange for restricted shares. It is still unknown if this money would buy enough energy rights, and it would certainly make only a very small dent into the $1 million working capital deficit. The shares for the private investors are priced at $0.005 as an incentive to buyers, who could choose to sell them if the price is right.<\/p>\n<p>To add to the hype, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=DDCC\">DDCC<\/a> is spreading a video of its appearance in business TV program &#8220;Insights with Terry Bradshaw&#8221;. While this could attract more eyeballs, it is also a way to boost the ticker beyond the real potential of the company&#8217;s energy business.<\/p>\n<p>Energy penny stocks have always been active, playing the expensive oil card. Norstra Energy, Inc. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NORX\">NORX<\/a>) was among the most robust climbers in the last few days, before it settled down 30% on selling as investors decided to cash in the gains from the past days. So, when a stock seems stacked too high, it is best to stay away or really estimate if you could afford a loss when the inevitable correction happens.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Watching a promoted stock keep its ground and even rise further is an exciting affair, much like building a tower of cubes, knowing the collapse is close but not certain when it would happen.&#46;&#46;&#46;<\/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":[79,560],"class_list":["post-1150","post","type-post","status-publish","format-standard","hentry","category-news","tag-ddcc","tag-norx"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1150","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=1150"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1150\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}