{"id":2733,"date":"2013-10-04T09:15:42","date_gmt":"2013-10-04T09:15:42","guid":{"rendered":"\/?p=2733"},"modified":"2013-10-04T09:15:51","modified_gmt":"2013-10-04T09:15:51","slug":"nutranomics-inc-fka-buka-ventures-inc-otcbbnnrx-slipping-despite-news","status":"publish","type":"post","link":"\/articles\/nutranomics-inc-fka-buka-ventures-inc-otcbbnnrx-slipping-despite-news\/","title":{"rendered":"Nutranomics, Inc. f\/k\/a Buka Ventures, Inc. (OTCBB:NNRX) Slipping Despite News"},"content":{"rendered":"

\"17NNRX_chart.png\"Nutranomics, Inc. f\/k\/a Buka Ventures, Inc. (OTCBB:NNRX<\/a>) has announced two purchase orders in the last two sessions, but that didn’t prevent the drop yesterday. <\/p>\n

NNRX<\/a> closed down 14.58% at $0.41 per share on a little over 1.6 million shares. It’s not a new all time low, but it is the lowest close since NNRX<\/a> started trading actively last month.<\/p>\n

One possible reason for the lack of significant, positive market reaction to the press releases is the fact that the pumpers paid to tout NNRX<\/a> are the same ones that were touting Green Innovations Ltd (OTCBB:GNIN<\/a>) and iTalk, Inc. (OTCBB:TALK<\/a>).<\/p>\n

As I mentioned in my previous article GNIN<\/a> had a similar approach involving numerous announcements of purchase orders, which ultimately stopped having any positive effect on the market performance of the stock.<\/p>\n

We haven’t received any new tout emails from the pumpers paid to promote NNRX<\/a>. According to the disclosure on the web page of ECA Group, it is expecting to receive another $60 thousand today.<\/p>\n

At this point it’s not clear whether the pump has ended. Even if it hasn’t, the market reaction to the fact that there was a paid pump, suggests future pump emails may have a negative effect on the market performance of NNRX<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nutranomics, Inc. f\/k\/a Buka Ventures, Inc. (OTCBB:NNRX) has announced two purchase orders in the last two sessions, but that didn’t prevent the drop yesterday. NNRX closed down 14.58% at $0.41 per share on a...<\/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":[9,1015,672],"class_list":["post-2733","post","type-post","status-publish","format-standard","hentry","category-news","tag-gnin","tag-nnrx","tag-talk"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2733","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=2733"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2733\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}