WEB NEWS Pump and Dump Watch
Disclosure: GeoInvesting is providing this information for your edification and in no way has any affiliation with any promoters and/or newsletters disseminating information on CLDS, nor is GeoInvesting being paid to post this information. At times, the GeoTeam may trade P&D's on a long or short basis, depending on how we feel the momentum of the stocks will be affected by the efforts of stock promoters and any ensuing dumps.
Research
Alerts Sent to Premium Members
On 12/24/2013 we added CLDS to our speculative screen at $0.12 , our research note:
Completed a reverse merger in May 2012 with a company that provides a secure multi-factor validation and authentication system for cloud-based infrastructures and protects data accessed from remote locations worldwide. The company finally issued its first release touting its product. We will monitor the story for a pump campaign due to the attraction in the industry the company is playing in.
In our 3/21/2013 email to members we stated:
CLDS , a possible pump and dump candidate that we identified on 12/24/2012 at $0.12 is about to pump over $1 . We will continue to track the stock.
In our 4/23/2013 email to members we stated:
The Geo-Team has been following Cloud Star Corp (OTC:CLDS) since December 24, 2012 when we alerted our premium members of the high probability that this stock would illicit pump activity. Shares were trading around $0.12 at the time of our alert but now trade around $0.85 ; shares hit a high of $1.47 on March 26, 2013 . The company has yet to earn any revenues, has just over $4,000 in cash with six and a half times that in current liabilities, has two employees, and has accumulated a net loss of over $200,000 since its inception. Even though CLDS shares have now fallen below $1.00 in yesterday's trading session, we think a further drop is on the way. This is supported by the fact that, at the current price levels, CLDS shares are not consistent with recent financing transactions (including insider transactions) that value the stock between $0.08 and $0.10 .
We are still holding are short position.
Please see entire report here
In our 5/21/2013 email we stated:
On April 23, 2013 we sent members our article on Cloud Star (OTCCB:CLDS), "CLDS Technicals Breaking Down – Shares Plummeting". We stated that we have been following the CLDS story since December 24, 2012 when we alerted our premium members of the high probability that this stock would illicit pump activity. Shares were trading around $0.12 at the time of our alert and hit a high of $1.47 on March 26, 2013 . Shares have comfortably broken below the $1.00 mark and reached $0.54 during yesterday's trading session. We may look to reduce our short position in this if shares continue to decline.
On 5/22/2013 we closed out the remaining of short position , locking in nearly 50 % profits.
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Research
Investor Alert
The Geo-Team has been following Cloud Star Corp (OTC:CLDS) since December 24, 2012 when we alerted our premium members of the high probability that this stock would illicit pump activity. Shares were trading around $0.12 at the time of our alert but now trade around $0.85; shares hit a high of $1.47 on March 26, 2013. The company has yet to earn any revenues, has just over $4,000 in cash with six and a half times that in current liabilities, has two employees, and has accumulated a net loss of over $200,000 since its inception. Even though CLDS shares have now fallen below $1.00, we think a further drop is on the way. This is supported by the fact that, at the current price levels, CLDS shares are not consistent with recent financing transactions (including insider transactions) that value the stock between $0.08 and $0.10.
Please see our entire report first viewed by our Premium Members.
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Research
Research note added to our Speculative Screen on 12/24/2012 (CLDS was trading at $0.12 at the time or our note)
Completed a reverse merger in May 2012 with a company that provides a secure multi-factor validation and authentication system for cloud-based infrastructures and protects data accessed from remote locations worldwide. The company finally issued its first release touting its product. We will monitor the story for a pump campaign due to the attraction in the industry the company is playing in.
In our 3/21/2013 email we alerted members that CLDS was about to pump over $1.00 per share.
Our 4/4/2013 email note:
The GeoTeam has been tracking many pump and dump stories over this past year. We have noticed that there are two main characteristics which hint that the dump phase of the cycle may be near. First, generally when a stock breaks through the $1.00 mark then its dump phase is nearing. Secondly, the number of days a stock has been pumping can give clues as to its probable decline. We have noticed that stocks tend to begin drifting downward between 20 and 30 days after the first pump campaign has begun. These two catalysts lead us to our recent initiation of short positions in both Lot 78 (OOTC:LOTE) ($1.71) and Cloud Star (OTCCB:CLDS) ($1.35).
At the time of this note we are no longer short LOTE , shares were bought in on 4/9/2013 .
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