{"id":3888,"date":"2014-02-13T15:12:58","date_gmt":"2014-02-13T15:12:58","guid":{"rendered":"\/?p=3888"},"modified":"2014-02-13T15:13:01","modified_gmt":"2014-02-13T15:13:01","slug":"strategic-global-investments-inc-otcmktsstbv-crashes-after-pump","status":"publish","type":"post","link":"\/articles\/strategic-global-investments-inc-otcmktsstbv-crashes-after-pump\/","title":{"rendered":"Strategic Global Investments, Inc.(OTCMKTS:STBV) Crashes After Pump"},"content":{"rendered":"\n<p style=\"margin-bottom: 0in;\"><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/6STBV.png\" border=\"0\" width=\"400\" height=\"178\" \/>A recent paid pump sent Strategic Global Investments, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STBV\">STBV<\/a>) flying to the top of the charts with a 71.88% increase in market value over the course of a single session. The rise couldn&#8217;t be maintained, however &ndash; after the initial buying frenzy the company crashed two days in a row.<\/p>\n<p style=\"margin-bottom: 0in;\">The ticker&#8217;s fallen 29.09% and 48.72% in the last two trading sessions, losing everything it had gained during the two jumps it made earlier this month. Moreover, it just seems to be gaining downward momentum and it&#8217;s unknown whether it will halt at its previous level or fall even further. <\/p>\n<p style=\"margin-bottom: 0in;\">Said plunge wouldn&#8217;t be all that surprising, especially if you consider <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=STBV\">STBV<\/a>&#8216;s financial and commercial state. The company&#8217;s quarterly report for the period ended September 30, 2013 contained the following figures:<\/p>\n<p style=\"margin-bottom: 0in;\">&nbsp;<\/p>\n<ul>\n<li>Cash &#8211; $13 thousand<\/li>\n<li>Total Current Liabilities &#8211; $379 thousand<\/li>\n<li>Revenues &#8211; $476<\/li>\n<li>Net loss &#8211; $316 thousand<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p style=\"margin-bottom: 0in;\">It should be duly noted that the lack of the word &ldquo;thousand&rdquo; after the numeric value of the company&#8217;s revenue is not a mistake. With this fact in mind, it should be obvious why SRBV share price is so abysmally low.<\/p>\n<p style=\"margin-bottom: 0in;\"><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/54STBV_logo.jpg\" border=\"0\" width=\"120\" height=\"65\" \/>The company tried to cash in on the marijuana hype with its latest press release, but as with all hype exploitation tactics that didn&#8217;t work out in the long run, and now it&#8217;s back to one fifth of a cent.<\/p>\n<p style=\"margin-bottom: 0in;\">As usual, potential buyers should do proper due diligence before investing in high risk stocks. FINRA advises extra care when looking at new pot sector entrants.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent paid pump sent Strategic Global Investments, Inc. (OTCMKTS:STBV) flying to the top of the charts with a 71.88% increase in market value over the course of a single session. The rise couldn&#8217;t&#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":[569],"class_list":["post-3888","post","type-post","status-publish","format-standard","hentry","category-news","tag-stbv"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3888","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=3888"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3888\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}