WTF Happened to THWI, AMWI, ITNS????????

buy penny stocks, penny stocks, penny stock alerts, hot penny stocks, hottest penny stocks, best penny stocksThe following three stocks, THWI, ITNS and AMWI, made very nice runs before “tunneling down the rabbit hole” to literally give up all of their gains. Anyone who entered any of these stock without trade parameters is likely still “stuck like chuck“, hoping for a bounce so they can salvage some of their losses. Furthermore, anyone who made money off THWI, ITNS or AMWI without a plan for doing so is only going to learn their lesson at a later date.

Thwapr (THWI)

buy penny stocks, penny stocks, penny stock alerts, hot penny stocks, hottest penny stocks, best penny stocksThe name might be funny sounding but there’s nothing funny about the company’s financials. THWI generated $23,983 in revenue so far this year which isn’t bad for a small penny stock. It is roughly the same amount a person would make in a year working full-time at McDonald’s or washing dishes somewhere with 5 hours over time a week.  But it cost them $157,147 to do it!

If they continue down that path, THWI is better off not selling anything.

And their operating expenses are massive; over $4.6 million this year alone.  In total, THWI has run a $4.5 million loss so far this year.

As if this wasn’t bad enough, the company’s balance sheet looks even worse:

THWI currently has $11,724 cash on the books with total assets of $56,918.  But the problem is THWI’s current liabilities run close to $2 million!

Now the “nightmare” for THWI is its over $21 million in accumulated debt.  Doing some quick math, you’ll find it’s taken THWI over $20 million to get to the point where they can lose $133,164 selling their product.

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For my regular readers, I have to say, “I told you so!”  and for those of you just tuning in, I’ve warned everyone more than once about this “text book” Pump and Dump: AMWI.

Here’s the deal:

The pumpers, who were mainly the company launching press releases one after another, did their job and took this little known stock from just $0.18 on November 22nd all the way to $1.39 on December 8th! Now we warned you numerous times regarding the Dec. 7 Insider Trades and press release time-line.  I hoped you listened. Just take a look at the chart to see what happened next…

buy penny stocks, penny stocks, penny stock alerts, hot penny stocks, hottest penny stocks, best penny stocks

AMWI: Nosedive from the Nose Bleed Seats! You can see the massive spike in AMWI shares, hopefully, you weren’t left holding the bag. If you are, you can’t say I didn’t warn you.  AMWI made our November 21st and 24th issues as a stock of interest. Our “warnings” began coming out prior to AMWI‘s big day Dec. 8th and have been ever since.

The lesson here is simple: If a penny stock shows up on our radar sceen, you can bet at some point the stock chart will look similar to AMWI‘s in the short-term.

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Itonis (ITNS)

ITNS is a classic “woman in a shoe store” type company:

“I think I like the black ones… No, better get me the white ones… No I think the brown ones look the best but I’m not sure…”  You get the point.

And that’s exactly what’s going on at Itonis; But the pumpers would have you think otherwise.  Big surprise? Shouldn’t be. Since they’re getting paid to promote the stock.  In their latest release, Hot OTC Stocks said,

ITNS is still pretty unknown but there’s no telling what will happen when the scientific community find out about the break-through technology that ITNS is now involved with it!”

I think our pumper needs to spend the $40,000 they picked up for hyping ITNS and head back to school for some grammar lessons.

But this isn’t about our pumper’s bad English. it’s about the shady findings over at ITNS.

Let’s start with the company changes in the past few years:

In 2005, ITNS called itself Kenshou, Inc.

In December of 2005, ITNS changed their name to Itonis, Inc.

In May of 2011, ITNS changed its plan of operation and acquired Performance Mortgage Group, Inc (PMGI) pursuing their energy into the mortgage business.

Later in the summer of this year, ITNS rescinded the acquisition and a settlement was reached with PMGI.

In September of this year, ITNS moved to purchase Paramount Discoveries, Inc. putting Itonis in an entirely new and different direction once again.

Paramount Discoveries’ technology is designed to magnetize carbon, salt, and silver.  Supposedly this process will be good for industrial and agricultural processes.

So in 2011 alone ITNS has gone from their core model of “blah” to mortgages to some sort of new tech company. It looks as if ITNS finally has chosen what type of company they are.

Regardless of the name, Itonis isn’t generating any income to pay back their truckload (tr or f – you choose) of debt.  Since ITNS first started operation, they’ve racked up nearly $5 million in debt.

Do yourself a favor and avoid ITNS. You’d be better suited to hit red/black on the roulette table or blindly picking a number on the wheel.

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As you know, penny stocks are a great place to invest your short term money.  You just have to do your due diligence to stay away from all the scams that are out there.

if you’re still holding THWI, AMWI and/or ITNS and you’re thinking  “I can’t sell here because I’d be taking such a big loss.” – remember that it probably won’t be as big of a loss as you’re going to take if you hold the position another few weeks or months. THWIAMWI and ITNS  are probably 50-75% higher now than they will be in the future.

Besides, you can’t move on until you first accept responsibility and take  your losses. The first step in moving on and learning from your mistake. Chances are the mistake you made in the fist place stemmed from not having a plan for executing your trade and subsequently trading your plan.

No one ever claimed it was easy to move the market and make money picking stocks.  Lately, so-called “experts” are making “positive returns” seem like a walk in the park and they’re giving stock picking a bad name.

Of course, penny stock investors who have been following me know better.

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Top Penny Stock Alert of 2011OCNF 4,035.42% – (May 27, 2010, $0.48 – July 26, 2011, $19.85)

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***Reminder: never chase stocks that gap at the open and always protect your profits!

AND AS ALWAYS…………..

  • Do your own research.
  • Trade Responsibly.
  • Verify everything.
  • Do not use market orders to enter a position, use limit orders.
  • Have a System That fits You.
  • If a Stock Gaps Open, Look for Pullbacks to Enter.
  • Plan a Trade and Trade a Plan.
  • Always use stop loss orders to protect yourself.
  • Positive Self- Belief.
  • Keep trading as Part of a Balanced life.
  • If a stock breaks below our alert price GET OUT. Do not wait.
  • View Trading as a Score in Points and Not In Money:
  • Always take your profits whenever you can. Do Not Be Greedy.
  • Work Hard at Learning How to Trade Properly and Keep Working.
  • Do something to make someone else’s life better today.

Good luck in making the best penny stock picks.

Happy Holidays to All!

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