{"id":5177,"date":"2014-11-14T15:14:37","date_gmt":"2014-11-14T15:14:37","guid":{"rendered":"\/?p=5177"},"modified":"2014-11-14T15:19:24","modified_gmt":"2014-11-14T15:19:24","slug":"hawker-energy-inc-otcbbhwkr-surges-on-pumps","status":"publish","type":"post","link":"\/articles\/hawker-energy-inc-otcbbhwkr-surges-on-pumps\/","title":{"rendered":"Hawker Energy, Inc. (OTCBB:HWKR) Surges on Pumps"},"content":{"rendered":"\n

Over the past three months Hawker Energy, Inc. (OTCBB:HWKR<\/a>) had twelve sessions with actual share volume registered. Just yesterday the company shuffled more shares in a single day than it had over the past three months combined. Sadly, the reason for this seems to have been a stock pump.<\/p>\n

Over yesterday’s session HWKR<\/a> moved 1.5 million shares and doubled its market capitalization, closing 104% up. Two different stock promoters sent email pumps targeting HWKR<\/a> near the open. Both pumpers were compensated $50 thousand dollars for their promotional efforts.<\/p>\n

The pump appears to have been a heavily frontloaded affair, as HWKR<\/a> opened with a huge gap up, spiked very briefly to $0.30 per share, then proceeded to drop for the rest of the session. This effectively means that people who chose to play the pump had no real chance for a profit outside of an incredibly tight time window and were trapped by the gap up, then left with a sliding stock on their hands. This is to be expected, as paid promotions often play out in a similar fashion.<\/p>\n

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