{"id":727,"date":"2013-02-01T07:34:00","date_gmt":"2013-02-01T07:34:00","guid":{"rendered":"\/?p=727"},"modified":"2013-03-25T20:14:28","modified_gmt":"2013-03-25T20:14:28","slug":"usa-graphite-inc-otcusgt-on-the-brink-of-a-brand-new-low","status":"publish","type":"post","link":"\/articles\/usa-graphite-inc-otcusgt-on-the-brink-of-a-brand-new-low\/","title":{"rendered":"USA Graphite Inc (OTC:USGT) on the Brink of a Brand New Low"},"content":{"rendered":"

\"85USGT_chart.png\"Yesterday USA Graphite Inc (OTC:USGT<\/a>) tied its lowest close just about a week after the pumpers of the Stock Castle group stopped mailing. <\/p>\n

USGT<\/a> closed down another 9.09% at 40 cents per share. The volume was just shy of 1.6 million shares.<\/p>\n

This brings the loss from the high to a little under 60%, and as I said in my previous article, the crash isn’t over yet. At $0.40 the market valuation of USGT<\/a> is above $60 million, and that is for a company which has $2,212 in total assets.<\/p>\n

\"5BRNDE.png\"There may be a brief reprieve from this fall, or even a slight bounce along the way, but eventually USGT<\/a>‘s valuation will have to get much closer to what the company actually has. This thing happens to all pump jobs sooner or later.<\/p>\n

The previous stock touted by the same group of promoters was Premier Brands, Inc. (OTC:BRNDE<\/a>). As you can see on the chart, it was pumped back in October 2012, and it’s now down more than 90%. BRNDE<\/a> was also covered on hotstocked and we did warn you about it too.<\/p>\n

\"4IDOI.png\"The same goes for IDO Security, Inc. (OTC:IDOI<\/a>). IDOI<\/a> was pumped in July, then crashed horribly, then it bounced in October, but ultimately it’s down about 86%.<\/p>\n

As with BRNDE<\/a> and IDOI<\/a>, we did warn our readers USGT<\/a> was a pump from the start, and we hope none of them lost any money on this scheme.<\/p>\n

\"\" <\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday USA Graphite Inc (OTC:USGT) tied its lowest close just about a week after the pumpers of the Stock Castle group stopped mailing. USGT closed down another 9.09% at 40 cents per share. The...<\/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":[298,299,72],"class_list":["post-727","post","type-post","status-publish","format-standard","hentry","category-news","tag-brnde","tag-idoi","tag-usgt"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/727","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=727"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/727\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}