{"id":3195,"date":"2013-11-18T12:12:26","date_gmt":"2013-11-18T12:12:26","guid":{"rendered":"\/?p=3195"},"modified":"2013-11-18T12:15:09","modified_gmt":"2013-11-18T12:15:09","slug":"endeavor-ip-inc-otcbbenip-crashes-900percentstocks-promises-rebounce","status":"publish","type":"post","link":"\/articles\/endeavor-ip-inc-otcbbenip-crashes-900percentstocks-promises-rebounce\/","title":{"rendered":"Endeavor IP, Inc. (OTCBB:ENIP) Crashes, 900PercentStocks Promises Rebounce"},"content":{"rendered":"

The whole run of Endeavor IP, Inc. (OTCBB:ENIP<\/a>) seemed too good to be true, and indeed the ticker did not survive the end of the week, sinking deeply on two consecutive days. On Friday, ENIP<\/a> lost more than 26% to $0.705, on dollar volumes a bit above $1.07 million. The fall came after a critical article from Seeking Alpha. While ENIP<\/a> was enjoyed for the fast reaping of profits, the company always remained a shifty business that licensed only its own products, in a very self-reflected business model. \"ENIP1118.png\" <\/p>\n

And on top of that disaster, pumpers have the nerve to prime the market with an email landing on Sunday, promising that ENIP<\/a> may take off come the new trading week. With this last email, ENIP<\/a> saw seven total messages this month, with a total budget of a bit above $1 million. Again, it’s 900PercentStocks behind the disproportionate rise. But we have to wait and see if a promotion would help, or it would create just more opportunities to shed the shares as if they are on fire. \"WTER1118.png\"<\/p>\n

But the pumpers are cautious this time, advising a stop-loss at 60 cents to avoid the negative scenario. Yet ENIP<\/a> is seen as revisiting its heights, easily reaching $1.20 again. This may happen if the short sellers that depressed ENIP<\/a> at the end of last week decide to buy back. It also means you will have to adjust your timing, since even at 70 cents, ENIP<\/a> has a long way to fall and may invite more short-selling.<\/p>\n

The most shameless promise of the pumpers is that ENIP<\/a> has “an ongoing investors’ relations effort”, in other words, the heavily promoted ticker may rise further because it will be promoted further. All of this means that ENIP<\/a> is a wonderful choice, if you are aware of the lack of substance behind the company and are ready to move out on time.<\/p>\n

ENIP<\/a> follows the footsteps of many overly primped tickers that were ripe to be picked by short sellers. Lot 78, Inc. (OTCBB:LOTE<\/a>) started off as yet another company with a small, and reportedly promising activity. The ticker shot up from 50 cents to a pre-split price of $23, bedore losing more than 99% of its value.\"LOTE1118.png\"<\/p>\n

The Alkaline Water Co., Inc. (OTCBB:WTER<\/a>) also prepared a presentation, went through a wild promotional time, but slid permanently down 60%, with further pressure as the company offers less and less press releases.<\/p>\n

ENIP<\/a> has enough insider shares to continue selling, and to be an incentive for further boosting the prices. The shares were issued at rock-bottom prices, and may yield immediate gains, even when sold at the current depressed prices.<\/p>\n

If you still appreciate ENIP<\/a> for the potential reversal, it is best to realize that the best days of the pump are over, and be prepared for unexpected twists.<\/p>\n","protected":false},"excerpt":{"rendered":"

The whole run of Endeavor IP, Inc. (OTCBB:ENIP) seemed too good to be true, and indeed the ticker did not survive the end of the week, sinking deeply on two consecutive days. On Friday,...<\/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":[1081,120,916],"class_list":["post-3195","post","type-post","status-publish","format-standard","hentry","category-news","tag-enip","tag-lote","tag-wter"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3195","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=3195"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3195\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}