{"id":434,"date":"2013-03-05T09:59:00","date_gmt":"2013-03-05T09:59:00","guid":{"rendered":"\/?p=434"},"modified":"2013-03-25T19:43:49","modified_gmt":"2013-03-25T19:43:49","slug":"chancery-resources-inc-pinkccry-breaks-buying-record-back-as-double-zero-bid","status":"publish","type":"post","link":"\/articles\/chancery-resources-inc-pinkccry-breaks-buying-record-back-as-double-zero-bid\/","title":{"rendered":"Chancery Resources, Inc. (PINK:CCRY) Breaks Buying Record, Back as Double-zero Bid"},"content":{"rendered":"<p> If a penny stock fools you once, shame on the pumper, but beware if you are tempted to be cheated twice. We declared Chancery Resources, Inc. (PINK:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CCRY\">CCRY<\/a>) defunct a few days ago, as paid promoters moved on to new picks, and the ticker slid down dramatically, losing more than 85% of it value in two weeks. Yet quite unexpected, the stock shot up on the highest buying volumes in the past three years. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/CCRY0305.png\" border=\"0\" alt=\"CCRY0305.png\" title=\"CCRY0305.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>Even valley buying at double-zeroes should be done warily, as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CCRY\">CCRY<\/a> holds little to offer in terms of real business. The stock has shed factions of a penny until it arrived at double-zero territory and gained a new attraction as a risky and potentially profitable day trade. Otherwise, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CCRY\">CCRY<\/a> has little to offer on its financial statements: <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/CCRY0305.png\" border=\"0\" alt=\"CCRY0305.png\" title=\"CCRY0305.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>$87 thousand in &#8216;checking&#8217; assets <\/li>\n<\/ul>\n<ul>\n<li>$150 thousand current liabilities <\/li>\n<\/ul>\n<ul>\n<li>$181 thousand total income <\/li>\n<\/ul>\n<ul>\n<li>$8 thousand net loss <\/li>\n<\/ul>\n<p>While short on real news, this provider of ozone generators used paid promotions well, the ticker spiking five times with only four emails and a budget of a little above $10,000. The ticker quickly retreated to double-zeroes, but even then it became attractive for bargain-seekers getting in at $0.0022. But even those investors, if they could not leave the positions, lost as the stock slid to $0.0012. The current day bounce may be wiped out soon, or create only a minor climb.<\/p>\n<p>One of the crowd of pumpers for <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CCRY\">CCRY<\/a> was Stock Hideout, a mailer with a relatively low average compensation of $6,000. Stock Hideout creates short-term campaigns and assists larger pumpers, creating disproportionate movements in the tickers it brings to light. This is the case of recently promoted Tranxbyte Corp. (OTC:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=ERBB\">ERBB<\/a>), which doubled in price, but then went back to pre-pump levels, wiping out the gains.<\/p>\n<p>In the case of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CCRY\">CCRY<\/a>, expect sharp movements and potential losses and do your own estimation of risk before committing to an underpriced stock that everyone sees as day-trading star.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/email.thestockmarketwatch.com\/wf\/open?upn=vzZzBY9Y6niCD8OCkromjDCcSvKMEpqS40G2OupyPS6wy8KbBYGnlzVd3rvJlEpFnG0cN-2BnpNleJK0cls1hBlnhLNIxKdzWcrdOfwEMMf-2FowZEvlXQEpftHXAGPjFdnTTLS0IBNj2RbcL5TijDPDg-2FGAqomS0pECU8D1o2LZXmrQuyeWfNkgniVSduzVsDb1RVR4L4ROqgq-2BCcvOLhy2Ng-3D-3D\" alt=\"\" width=\"1\" height=\"1\" border=\"0\" style=\"height:1px !important;width:1px !important;border-width:0 !important;margin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !important;padding-right:0 !important;padding-left:0 !important;\"\/> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>If a penny stock fools you once, shame on the pumper, but beware if you are tempted to be cheated twice. We declared Chancery Resources, Inc. (PINK:CCRY) defunct a few days ago, as paid&#46;&#46;&#46;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[106,173],"class_list":["post-434","post","type-post","status-publish","format-standard","hentry","category-news","tag-ccry","tag-erbb"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/434","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=434"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/434\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}