{"id":3352,"date":"2013-12-05T16:13:26","date_gmt":"2013-12-05T16:13:26","guid":{"rendered":"\/?p=3352"},"modified":"2013-12-05T16:13:45","modified_gmt":"2013-12-05T16:13:45","slug":"respect-your-universe-inc-otcmktsryun-another-pump-gone-wrong","status":"publish","type":"post","link":"\/articles\/respect-your-universe-inc-otcmktsryun-another-pump-gone-wrong\/","title":{"rendered":"Respect Your Universe, Inc. (OTCMKTS:RYUN) \u2013 Another Pump Gone Wrong"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/4RYUN_chart.png\" border=\"0\" alt=\"4RYUN_chart.png\" title=\"4RYUN_chart.png\" width=\"400\" height=\"178\" \/>Respect Your Universe, Inc (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=RYUN\">RYUN<\/a>) has been going down the charts for quite a while now. The recent paid promotion managed to provide 2 sessions in the green and a climb above 10 cents, but a serious correction from yesterday obliterated all the gains. <\/p>\n<p>Promoters of all shapes and sizes touted <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=RYUN\">RYUN<\/a>&#8216;s stock starting on December 3. The compensations were ranging between $4.5 thousand and $20 thousand and the whole effort proved why you shouldn&#8217;t fall for promoted tickers.<\/p>\n<p>Yesterday, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=RYUN\">RYUN<\/a> dropped a hefty 38% on the highest volume of traded stock that it has registered in more than 2 years. The stock closed the session priced at $0.0766 with a massive 2.4 million shares switching hands that generated $245 thousand in dollar volume.<\/p>\n<p>Despite being in a decent financial state the company doesn&#8217;t really back up its $4.8 million market value as you can see from the numbers of prime interest from their quarterly report for the period ended September 30.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $213 thousand<\/li>\n<li>current assets: $1.8 million<\/li>\n<li>total assets: $2.2 million<\/li>\n<li>total current liabilities: $559 thousand<\/li>\n<li>revenues: $216 thousand<\/li>\n<li>net loss: $1.1 million<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/702LOGO.png\" border=\"0\" alt=\"702LOGO.png\" title=\"702LOGO.png\" width=\"150\" height=\"46\" \/>Despite the fact that the third quarter of this year didn&#8217;t differ that much from 2012&#8217;s, the overall 9 month situation is considerably better. The company has managed to increase its revenues for the 3 quarters of 2013 by a good 116% and has reduced its net loss by 42%.<\/p>\n<p>Despite that, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=RYUN\">RYUN<\/a> remains to be incapable of operating at a profit for now. There are simply too much general and administrative expenses, which dwarf the generated revenues.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/GBGM_chart.png\" border=\"0\" alt=\"GBGM_chart.png\" title=\"GBGM_chart.png\" width=\"350\" height=\"156\" \/>The paid promotion wasn&#8217;t enough to cause a longer upward run, which doesn&#8217;t surprise us. Looking back at some of the promoters&#8217; previous picks we are not amazed that it unfolded so quickly. Stock Brain, for example, promoted Global Gaming Network, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=GBGM\">GBGM<\/a>) on December 3 and their stock crashed yesterday.<\/p>\n<p>In any case, be sure to do a lot of due diligence and weigh out the risks, especially when dealing with pumped stocks.<\/p>\n<p>On the bright side of things, Cloud Security Corp. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CLDS\">CLDS<\/a>) closed yesterday&#8217;s session with a decent 32% gain on a high amount of traded stock.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Respect Your Universe, Inc (OTCMKTS:RYUN) has been going down the charts for quite a while now. The recent paid promotion managed to provide 2 sessions in the green and a climb above 10 cents,&#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":[547,419,1165],"class_list":["post-3352","post","type-post","status-publish","format-standard","hentry","category-news","tag-clds","tag-gbgm","tag-ryun"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3352","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=3352"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3352\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}