{"id":3390,"date":"2013-12-10T15:11:44","date_gmt":"2013-12-10T15:11:44","guid":{"rendered":"\/?p=3390"},"modified":"2013-12-10T15:11:45","modified_gmt":"2013-12-10T15:11:45","slug":"nutranomics-inc-fka-buka-ventures-inc-otcbbnnrx-wipes-out-investor-money","status":"publish","type":"post","link":"\/articles\/nutranomics-inc-fka-buka-ventures-inc-otcbbnnrx-wipes-out-investor-money\/","title":{"rendered":"Nutranomics, Inc. f\/k\/a Buka Ventures Inc (OTCBB:NNRX) Wipes Out Investor Money"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/0NNRX_chart.png\" border=\"0\" alt=\"0NNRX_chart.png\" title=\"0NNRX_chart.png\" width=\"400\" height=\"178\" \/>Yesterday Nutranomics, Inc. f\/k\/a Buka Ventures Inc (OTCBB:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a>) delivered a devastating blow shareholders as the price was slashed in two in about 20 minutes. <\/p>\n<p>In the first 10 minutes of trading the price started climbing and reached a high of $1.28. After that came the horrendous crash. Ultimately <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a> closed down 54.47% at just $0.56 per share. The volume reached 13.7 million shares, just shy of the previous high of 13.9.<\/p>\n<p>We hope our readers didn&#8217;t get caught up in this disaster. In my previous article from Dec. 6 I tried to warn traders and potential investors of the increasing risk. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a> had been running on nothing but hype for a while, and a correction was all but inevitable.<\/p>\n<p>As usual, before the open <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a> issued an optimistic press release about how the company plans to open a new office in Tokyo as a part of the company&#8217;s expansion strategy. In many of my previous articles on <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a>, I had stated that at some point fluff press releases stop working.<\/p>\n<p><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a> will need to deliver a solid business performance on the business side, if it is to recover and sustain a higher price. The fact that there was a pump job on <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a> by the ECA Group only makes things worse.<\/p>\n<p>At the time of this writing, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=NNRX\">NNRX<\/a> is up about 2% in early trading. It will be interesting to see whether the management will consider the 54.47% drop worthy of a press release.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday Nutranomics, Inc. f\/k\/a Buka Ventures Inc (OTCBB:NNRX) delivered a devastating blow shareholders as the price was slashed in two in about 20 minutes. In the first 10 minutes of trading the price started&#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":[1015],"class_list":["post-3390","post","type-post","status-publish","format-standard","hentry","category-news","tag-nnrx"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3390","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=3390"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3390\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}