{"id":912,"date":"2013-01-03T09:43:00","date_gmt":"2013-01-03T09:43:00","guid":{"rendered":"\/?p=912"},"modified":"2013-03-25T20:44:54","modified_gmt":"2013-03-25T20:44:54","slug":"bio-matrix-scientific-group-inc-pinkbmsn-keeps-climbing-on-hot-shot-stocks-pump","status":"publish","type":"post","link":"\/articles\/bio-matrix-scientific-group-inc-pinkbmsn-keeps-climbing-on-hot-shot-stocks-pump\/","title":{"rendered":"Bio Matrix Scientific Group, Inc. (PINK:BMSN) Keeps Climbing on Hot Shot Stocks Pump"},"content":{"rendered":"

\"0BMSN_chart.png\"After trading heavily in the last two sessions of 2012 and clawing up the chart, Bio Matrix Scientific Group, Inc. (PINK:BMSN<\/a>) had another massive run yesterday, with nearly 500 million shares changing hands. The stock dipped near the open and stayed down throughout the day, scraping to a close up shortly before the bell. <\/p>\n

While BMSN<\/a>‘s movement seemed hard to explain yesterday, now we have evidence of a pump campaign that touts the stock, run by Hot Shot Stocks. The pump contains several lines of excited babble and nothing else. Hot Shot Stocks obviously think BMSN<\/a> is a good play because the promoters pulled the promise of ‘merger news’ out of their magician’s hat. The company has not come out with a press release so much as scraping the possibility of a merger, nor has any official source released any information regarding such an event.<\/p>\n

The hype being churned around BMSN<\/a> right now seems to be based on the wild and completely baseless speculation that there might be a merger involving BMSN<\/a> somewhere down the road. For those who don’t want to buy on baseless rumors, here is a brief rundown of some numbers, the latest made available from the company, who changed its public accounting firm recently and delayed their yearly report for the year ended September 2012:<\/p>\n