{"id":1777,"date":"2013-06-25T13:11:02","date_gmt":"2013-06-25T13:11:02","guid":{"rendered":"\/?p=1777"},"modified":"2013-06-25T13:11:16","modified_gmt":"2013-06-25T13:11:16","slug":"italk-inc-otcbbtalk-failing-to-breakout","status":"publish","type":"post","link":"\/articles\/italk-inc-otcbbtalk-failing-to-breakout\/","title":{"rendered":"iTalk Inc (OTCBB:TALK) Failing to `Breakout`"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/53TALK_chart.png\" border=\"0\" alt=\"53TALK_chart.png\" title=\"53TALK_chart.png\" width=\"400\" height=\"179\" \/>Despite the pumpers&#8217; efforts and the many fluff press releases by iTalk Inc. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TALK\">TALK<\/a>), the price of the stock has dropped about 15% in the last five sessions. <\/p>\n<p>Yesterday the group pumping <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TALK\">TALK<\/a> sent emails claiming the &#8220;upward breakout will be strong given the evidence.&#8221; Instead, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TALK\">TALK<\/a> lost 3.08%, closing down at $0.755 per share. The volume almost reached 700 thousand.<\/p>\n<p>The newsletters used to tout <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TALK\">TALK<\/a> includes:<\/p>\n<ul>\n<li>Traders Insight<\/li>\n<li>Dividend Seeker<\/li>\n<li>National Traders Association<\/li>\n<li>Investors Alliance<\/li>\n<\/ul>\n<p>The &#8220;evidence&#8221; given by the newsletters is mostly interpretations of technical indicators, and an optimistic look at <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TALK\">TALK<\/a>&#8216;s app. A quick search in the App Store will show that the app in question is free, it was released on June 3 and there are no customer reviews, nor are there enough ratings to display an average.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/2GNIN.png\" border=\"0\" alt=\"2GNIN.png\" title=\"2GNIN.png\" width=\"400\" height=\"180\" \/>The same group of newsletters was behind the pump job on Green Innovations Ltd. (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GNIN\">GNIN<\/a>). It was promoted earlier this year and reached a high above $2 per share in February. Now that same stock is trading around $0.46.<\/p>\n<p>I have described how insider enrichment schemes work in a previous article on <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TALK\">TALK<\/a>. Another stock which is popular right now and exhibits the characteristics is Biozoom Inc (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=BIZM\">BIZM<\/a>).<\/p>\n<p>While such stocks may provide opportunities for experienced pump players to make a profit, the novice traders can lose a lot of money, and ultimately the people who make the most are the people behind the whole set up.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite the pumpers&#8217; efforts and the many fluff press releases by iTalk Inc. (OTCBB:TALK), the price of the stock has dropped about 15% in the last five sessions. Yesterday the group pumping TALK sent&#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":[755,9,672],"class_list":["post-1777","post","type-post","status-publish","format-standard","hentry","category-news","tag-bizm","tag-gnin","tag-talk"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1777","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=1777"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1777\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}