I first discussed the horror here:http://wp.me/p1PgpH-Py. I call GWBU a “death stock” because this is a big $0.00. The problem is the shares are tightly controlled. After two weeks of scouring various brokerage firms, I could not find any shares to borrow. I must find other prey. But at least these pump and dumps offer perfect case studies of what to avoid.
Below is a link to an article discussing the pump and dump in more detail. Despite 300 million shares outstanding, not a share to borrow. Here is as manipulated a market as you can find. This is a $0 within two years like our other study, SNPK.
The collapse in price will be violent.
A visit to GWBU’s headquarters showed a disturbing scene: http://www.youtube.com/watch?v=TRDpTEjumdo
Have a good weekend.
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