{"id":350,"date":"2013-03-13T12:15:00","date_gmt":"2013-03-13T12:15:00","guid":{"rendered":"\/?p=350"},"modified":"2013-03-25T19:35:59","modified_gmt":"2013-03-25T19:35:59","slug":"nightculture-inc-otcnght-are-about-to-disappoint-investors-once-again","status":"publish","type":"post","link":"\/articles\/nightculture-inc-otcnght-are-about-to-disappoint-investors-once-again\/","title":{"rendered":"NightCulture Inc (OTC:NGHT) are About to Disappoint Investors Once Again"},"content":{"rendered":"

\"9NGHT.png\"After we received some emails about NightCulture Inc (OTC:NGHT<\/a>) yesterday, we decided to check on them and see if Damn Good Penny Picks had other reasons apart from the $35,000 compensation, to create awareness around NGHT<\/a>. We feared that although the emails sound as if we have a future world-wide concert promoter, who will soon start making billions, things don’t really stack up. <\/p>\n

We suspected that the pump might have the opposite effect on the stock price and we turned out to be correct. Even the press-releases that have been flying out of NGHT<\/a>‘s headquarters weren’t enough to keep them afloat and they ended yesterday’s session with a loss of 15%. During the day there were a couple of miniscule windows for profit, but they were so few and far in between, that most investors are probably pulling out quite a lot of hair right now. <\/p>\n

So what caused the drop? For one, despite the bright promises in the emails, NGHT<\/a> are hardly the best investment option out there. We discussed that as per their latest financial report, they have:<\/p>\n