{"id":752,"date":"2013-01-29T10:15:00","date_gmt":"2013-01-29T10:15:00","guid":{"rendered":"\/?p=752"},"modified":"2013-03-25T20:14:31","modified_gmt":"2013-03-25T20:14:31","slug":"usa-graphite-inc-otcusgt-pumpers-gone-price-takes-a-dive","status":"publish","type":"post","link":"\/articles\/usa-graphite-inc-otcusgt-pumpers-gone-price-takes-a-dive\/","title":{"rendered":"USA Graphite Inc (OTC:USGT) Pumpers Gone, Price Takes a Dive"},"content":{"rendered":"

\"4USGT.png\"I’ve been covering USA Graphite Inc (OTC:USGT<\/a>) since the very first day of the pump. We tried to warn investors as early as December 5. It took nearly 2 months, but reality is quickly catching up with this pump job. <\/p>\n

Yesterday USGT<\/a> lost 18.12% and closed at $0.565 per share on a volume of 3 million, but the crash is far from over.<\/p>\n

The paid pumpers from Stock Castle, Obscure Stocks and WallStreetPennyStock Advisors stopped mailing on Friday, Jan. 25. The spam emails seized two days earlier.<\/p>\n

\"BRNDE.png\"The company itself has been completely silent after the filing of the 10-Q report on Jan 22. The result has been rather obvious.<\/p>\n

Still, USGT<\/a> survived longer than Premier Brands Inc (OTC:BRND<\/a>E). The people who were behind the pump and set it up had plenty of time and opportunities to dump their shares. It wouldn’t be much of a surprise if the Stock Castle group pops up with another pump job in the near future.<\/p>\n

The “E” added at the end of the ticker of BRND<\/a> is there because it has failed to keep its reporting obligations with the SEC. The chart of Premier Brands shows how costly it can be to believe in a pump.<\/p>\n

We hope our readers didn’t fall for the hype. USGT<\/a> is yet another example of why it’s crucial to do the due diligence before making a decision about a promoted stock. So far today, USGT<\/a> is down another 2.65%.<\/p>\n

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

I’ve been covering USA Graphite Inc (OTC:USGT) since the very first day of the pump. We tried to warn investors as early as December 5. It took nearly 2 months, but reality is quickly...<\/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":[369,72],"class_list":["post-752","post","type-post","status-publish","format-standard","hentry","category-news","tag-brnd","tag-usgt"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/752","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=752"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/752\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=752"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=752"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=752"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}