{"id":3233,"date":"2013-11-21T15:15:18","date_gmt":"2013-11-21T15:15:18","guid":{"rendered":"\/?p=3233"},"modified":"2013-11-21T15:16:04","modified_gmt":"2013-11-21T15:16:04","slug":"nutranomics-inc-fka-buka-ventures-inc-otcbbnnrx-climbs-on-strong-momentum","status":"publish","type":"post","link":"\/articles\/nutranomics-inc-fka-buka-ventures-inc-otcbbnnrx-climbs-on-strong-momentum\/","title":{"rendered":"Nutranomics, Inc. f\/k\/a Buka Ventures, Inc. (OTCBB:NNRX) Climbs On Strong Momentum"},"content":{"rendered":"

\"NNRXchart1.png\"Although the paid promotion for Nutranomics, Inc. f\/k\/a Buka Ventures, Inc. (OTCBB:NNRX<\/a>) ended more than a month ago and the last email alerts touting the company were distributed for free the attention towards their stock remains quite high. Out of the last 8 trading session NNRX<\/a> has closed in the red only two times and yesterday they added another 11% to close at $0.74. Traders managed to shift 2 million of their shares which more than doubles the average amount for the company resulting in a total dollar value of $1.48 million. <\/p>\n

The company is managing to fuel the hype around itself by issuing a new PR article almost daily. Since the start of the last week they have announced a new product supply and distribution agreement for Bangladesh, they acquired the North American rights for the Nutriband transdermal delivery system, revealed new ready-to-drink product named Collagen Enhancer and signed an agreement with Novascon Pharmaceuticals, a potential distribution partner for Eastern Europe.\"9TALKchart.png\"<\/p>\n

Such activity is rarely displayed by the various pennystocks and it is no wonder that NNRX<\/a> regularly places among the top traded OTC companies. Still, jumping in based solely on the hype is never a good decision. As we said NNRX<\/a> has been involved with paid pumpers almost from the moment it went public back in September. The newsletters were affiliates of ECA Group and disclosed that they expect a compensation amounting to $60 thousand. Their previous pick – iTalk Inc (OTCBB:TALK<\/a>) can serve as a cautionary tale dropping from above $2 per share during the peak of the pump to just 9 cents as of yesterday.<\/p>\n

NNRX<\/a> also have a research report created for them by Equities Expertise. In it the company is assigned a six-month target of $1.75 per share and a twelve-month target of $3.75. Such a high price ranges are not that surprising when you see the disclaimer at the end of the report. Apparently Equities Expertise were paid $25 thousand by Nugget Enterprises, LLC so be sure to take everything they say with a grain of salt. Not to mention that until the next financial report is filed we have no information about the current state of NNRX<\/a>‘s operations, the actual sales figures and how profitable they truly are.<\/p>\n

Yesterday the stock of Pan Global Corp. (OTCMKTS:PGLO<\/a>) managed to add 5% to its value but the gains were negligible compared to the 39% lost on Tuesday. Due to the active touting going on for them at the moment PGLO<\/a> might be able to climb a bit higher but playing a pump that has already crashed twice is quite risky.<\/p>\n","protected":false},"excerpt":{"rendered":"

Although the paid promotion for Nutranomics, Inc. f\/k\/a Buka Ventures, Inc. (OTCBB:NNRX) ended more than a month ago and the last email alerts touting the company were distributed for free the attention towards their...<\/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":[1015,1074,672],"class_list":["post-3233","post","type-post","status-publish","format-standard","hentry","category-news","tag-nnrx","tag-pglo","tag-talk"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3233","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=3233"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3233\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}