{"id":805,"date":"2013-01-21T09:50:00","date_gmt":"2013-01-21T09:50:00","guid":{"rendered":"\/?p=805"},"modified":"2013-03-25T20:14:37","modified_gmt":"2013-03-25T20:14:37","slug":"world-moto-inc-otcfare-f-k-a-net-profits-ten-inc-crumples-as-expected","status":"publish","type":"post","link":"\/articles\/world-moto-inc-otcfare-f-k-a-net-profits-ten-inc-crumples-as-expected\/","title":{"rendered":"World Moto, Inc. (OTC:FARE) f.k.a. Net Profits Ten Inc Crumples as Expected"},"content":{"rendered":"

\"8FARE.png\"When I started covering World Moto, Inc. (OTC:FARE<\/a>) f.k.a. Net Profits Ten Inc back in December I got some negative feedback for saying it was just another Awesome Penny Stocks (APS) pump. <\/p>\n

At this time the doubts about that should have dissipated. On Friday, after another dismal session, FARE<\/a> closed down 35.34% at $0.0311 per share, to the tune of 65 million shares.<\/p>\n

\"81TAGG.png\"After the close FARE<\/a> came out with a press release supposed to be an investor update. The management is desperately trying to halt the free-fall of its stock’s price, calling it “volatility;” a questionable word choice, considering FARE<\/a> is down more than 90% from the peak.<\/p>\n

Addressing stock price movements may be a decent idea, however, with FARE<\/a> the ship has already sailed. The management didn’t say a word about the paid pump when the price was moving up, and that was the time when shareholders needed a warning.<\/p>\n

On a more positive note, FARE<\/a> hasn’t been a disaster for everyone. It went the way of TagLikeMe Corp (PINK:TAGG<\/a>) and other older APS pumps. So those who realized it was a pump had a chance to make some profits off of it. Assuming they managed to get out before the crash.<\/p>\n

Meanwhile, APS said in a couple of emails on Friday, that the new pick will be coming out tomorrow (Tuesday). Considering the history of APS, including FARE<\/a>, we urge readers to be extremely careful with that pick.<\/p>\n

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

When I started covering World Moto, Inc. (OTC:FARE) f.k.a. Net Profits Ten Inc back in December I got some negative feedback for saying it was just another Awesome Penny Stocks (APS) pump. At this...<\/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":[117,145],"class_list":["post-805","post","type-post","status-publish","format-standard","hentry","category-news","tag-fare","tag-tagg"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/805","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=805"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/805\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}