{"id":284,"date":"2013-03-19T08:29:00","date_gmt":"2013-03-19T08:29:00","guid":{"rendered":"\/?p=284"},"modified":"2013-03-25T19:35:14","modified_gmt":"2013-03-25T19:35:14","slug":"pumpers-try-to-drag-hokutou-holdings-inc-pinkhktu-out-of-sub-penny-land","status":"publish","type":"post","link":"\/articles\/pumpers-try-to-drag-hokutou-holdings-inc-pinkhktu-out-of-sub-penny-land\/","title":{"rendered":"Pumpers Try to Drag Hokutou Holdings, Inc. (PINK:HKTU) Out of Sub-Penny Land"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/38HKTU_chart.png\" border=\"0\" alt=\"38HKTU_chart.png\" title=\"38HKTU_chart.png\" width=\"450\" height=\"201\" \/>Yesterday an old acquaintance of promoters burst on the scene once more &#8211; Hokutou Holdings, Inc. (PINK:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HKTU\">HKTU<\/a>) got another round of pumps. Can promoters really teach an old dog new tricks, though? <\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HKTU\">HKTU<\/a> is one of the more unfortunate pumps of this year, with over 100 promo emails sent out in the last two and a half months. The en masse pump campaign that started on the last day of January and got the stock trading was hardly successful. After a brief surge and spike, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HKTU\">HKTU<\/a> has been tumbling downhill ever since with just a couple of interruptions.<\/p>\n<p>Now promoters are back, some of them touting imagined chart setups, even though chart analysis for a pumped penny stock is completely useless. If <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HKTU\">HKTU<\/a>&#8216;s promotional history and post-pump price performance is not enough to scare everyone away from this one, here is a quick look at the company&#8217;s  financials as per their only financial report available, dated September 2012:<\/p>\n<ul>\n<li>$550 in cash, and in total assets<\/li>\n<li>$29 thousand in current liabilities<\/li>\n<li>zero revenues<\/li>\n<li>$4 thousand net loss, comprised of general and administrative expenses<\/li>\n<\/ul>\n<p>Those figures may give traders the impression that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HKTU\">HKTU<\/a> is nothing more than a shell with zero operations, despite the claims of pumps and PR. Sadly, being a pink sheet company, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HKTU\">HKTU<\/a> doesn&#8217;t think it&#8217;s necessary to update shareholders on its activity in official filings. This time the pumpers will be facing a very difficult task, as the company has not come up with a new optimistic press release yet, to back the pumps, and considering the sordid promo history of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=HKTU\">HKTU<\/a>, it may have a very hard time lifting off again.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/7CGLD_fail.png\" border=\"0\" alt=\"7CGLD_fail.png\" title=\"7CGLD_fail.png\" width=\"350\" height=\"156\" \/>The promoters at OTCMagic have a track record that is pretty grim as well. One of their most recent pump jobs was Colorado Gold Mines, Inc. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CGLD\">CGLD<\/a>). OTCMagic touted <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CGLD\">CGLD<\/a> in early March, after the company had crashed once. The second pump moved up and crashed within a day, leaving everyone who bought during the surge with losses of about 80% as of today.<\/p>\n<p>Traders are advised to be very careful with companies targeted by paid promotions, especially when the same company has been previously hammered by failed pumps. Sub-penny prices are no guarantee for upwards movement and they are still a long way away from triple zeroes.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/email.thestockmarketwatch.com\/wf\/open?upn=vzZzBY9Y6niCD8OCkromjDCcSvKMEpqS40G2OupyPS6wy8KbBYGnlzVd3rvJlEpFp4qADFEzQ1LZISmFcPQu5YW1-2F2yrTuO1uoh9Pl-2BH-2BYdsjOjC4DU87dhjQgTfiFdAWEYdbe7FsBBJ20CHKXuzicCqBCjzaghPnndm8O-2FawKAr6V1GixNY3TWrHkONADew1RrjeAA00bj3zp2RiG6vwA-3D-3D\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" style=\"height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;\"\/> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday an old acquaintance of promoters burst on the scene once more &#8211; Hokutou Holdings, Inc. (PINK:HKTU) got another round of pumps. Can promoters really teach an old dog new tricks, though? HKTU is&#46;&#46;&#46;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[27,3],"class_list":["post-284","post","type-post","status-publish","format-standard","hentry","category-news","tag-cgld","tag-hktu"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/284","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=284"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/284\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}