{"id":5397,"date":"2014-12-10T12:15:45","date_gmt":"2014-12-10T12:15:45","guid":{"rendered":"\/?p=5397"},"modified":"2014-12-10T12:29:54","modified_gmt":"2014-12-10T12:29:54","slug":"virtus-oil-and-gas-corp-fka-curry-gold-corp-otcbbvoils-crash-intensivies","status":"publish","type":"post","link":"\/articles\/virtus-oil-and-gas-corp-fka-curry-gold-corp-otcbbvoils-crash-intensivies\/","title":{"rendered":"Virtus Oil and Gas Corp. f\/k\/a Curry Gold Corp (OTCBB:VOIL)’s Crash Intensivies"},"content":{"rendered":"\n

Virtus Oil and Gas Corp. f\/k\/a Curry Gold Corp (OTCBB:VOIL<\/a>)’s slid down another 10% on a dollar volume of nearly half a million. <\/p>\n

As we’ve discussed before, it’s natural for opportunistic traders who wish to make a profit on the OTC Markets to look for the big movers on the exchange – the companies with dramatic chart climbs and a lot of volatility. Still, said opportunists and regular investors alike should know that volatility is not enough to warrant committing to a specific stock – due diligence is also prudent when it comes to the OTC Markets. And even superficial due diligence on VOIL<\/a> <\/strong>reveals a frightening amount of red flags.<\/p>\n

As we’ve mentioned before, VOIL<\/a>‘s <\/strong>financial standing isn’t really stellar, with its current assets at the end of Q3 2014 totaling a bit ore than $25 thousand. So what kind of business has $25 thousand in the bank, a market value of $36.3 MILLION (after a prolonged crash) and 50 million shares outstanding?<\/p>\n

One that has been pumped for months through every possible medium. PR, paid pumps, unpaid pumps, landing pages, paper mailers, even unsolicited phone calls from people in the Philippines – you name it, VOIL<\/a> <\/strong>has it.<\/p>\n

Still, as seasoned investors well know, pumps are perilous – they could afford a ticker impressive volatility, but can also slam it to the ground hard and fast at any time. Which is exactly what is happening to VOIL<\/a> <\/strong>stock prices are headed down hard right now.