{"id":1352,"date":"2013-04-30T14:15:39","date_gmt":"2013-04-30T14:15:39","guid":{"rendered":"\/?p=1352"},"modified":"2013-04-30T14:15:44","modified_gmt":"2013-04-30T14:15:44","slug":"ic-punch-media-inc-otcmktspnch-crashes-with-record-selling","status":"publish","type":"post","link":"\/articles\/ic-punch-media-inc-otcmktspnch-crashes-with-record-selling\/","title":{"rendered":"IC Punch Media, Inc. (OTCMKTS:PNCH) Crashes With Record Selling"},"content":{"rendered":"<p> Let&#8217;s hope IC Punch Media, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PNCH\">PNCH<\/a>) does not alienate viewers and web visitors the way it chased away investors. The ticker dug itself deep into a valley after investors decided to realize whatever profits they could, dragging the ticker down 38% on Monday. After the last promotional mail touted the stock on Friday, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PNCH\">PNCH<\/a> lived through an all-time day selling record. More than 50 million shares flooded the market. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/PNCH0430.png\" border=\"0\" alt=\"PNCH0430.png\" title=\"PNCH0430.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>The company, aiming to provide cable content and a locations web site, holds some noticeable deficits in its balance sheet:<img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/SNTL0430.png\" border=\"0\" alt=\"SNTL0430.png\" title=\"SNTL0430.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>$1,121 cash <\/li>\n<\/ul>\n<ul>\n<li>$2.8 million total assets <\/li>\n<\/ul>\n<ul>\n<li>$788,661 current liabilities <\/li>\n<\/ul>\n<ul>\n<li>$195,082 annual revenues <\/li>\n<\/ul>\n<ul>\n<li>$6.2 million annual net loss <\/li>\n<\/ul>\n<p>But the fundamental data are hardly the biggest factor for a double-zero stock. Currently, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PNCH\">PNCH<\/a> may rise on valley buying, or sink further as investors abandon the stock for good. In the last 10 days, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PNCH\">PNCH<\/a> has not released any news besides its latest financial results, but the campaign continued with a paid email on April 26th.<\/p>\n<p>Often, promotional emails will increase attention and liquidity, only to give the chance of selling. The Penny St0ck Spy promoters claimed <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PNCH\">PNCH<\/a> was a slow and steady climber, which also meant small corrections. But it turned out the <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PNCH\">PNCH<\/a> stock decided not to perform as promised. Several other promoters took up <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=PNCH\">PNCH<\/a>, including 007 Stock Chat. Our database shows five emailed promotions in April for this ticker, with an unknown compensation, probably for free as an attempt to improve a promoter&#8217;s records.<\/p>\n<p>Penny St0ck Spy has a limited record of promotions, but 007 Stock Chat has a longer list of picks. Looking at them, it is easy to realize how a promoted stock will sooner or later cause trouble. The pump for Seeker Tec International, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SNTL\">SNTL<\/a>) shows a dramatic drop after the day of the promotion. The volumes generated by a promotion are not always a good thing, and it is best to know in advance if you could afford one of those risky parties.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Let&#8217;s hope IC Punch Media, Inc. (OTCMKTS:PNCH) does not alienate viewers and web visitors the way it chased away investors. The ticker dug itself deep into a valley after investors decided to realize whatever&#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":[52,89],"class_list":["post-1352","post","type-post","status-publish","format-standard","hentry","category-news","tag-pnch","tag-sntl"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1352","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=1352"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1352\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}