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Penbar Capital Ltd V.PEM


Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.


TSXV:PEM.P - Post by User

Bullboard Posts
Post by Greenstakeon Aug 09, 2009 8:30am
216 Views
Post# 16203486

Humped, Pumped and Dumped !

Humped, Pumped and Dumped !Humped, Pumped and Dumped !!

This stock has and is been severely hyped by opportunistic shills led by a self appointed individual who has nothing on the ball except his own self interest and had seemingly convinced gullible investors to plow money into PEM because it was "going to the moon"!!  He intentionally generated over excitement and fueled the frenzy daily with excessive postings along with a handful of wannabees aiding him.  Consequently people were taken in to this pump and dump scheme. The evidence is now all out in the open.

The shills greatest hypocrisy came when this person bailed out of PEM just prior to the very news he promoted so hard which he claimed was going to propel the stock to .75c and beyond. The shills hypocrisy is palpable.  Clearly this individual intended to mislead people for the purpose of exiting the stock for his own well being to the detriment of those who were buying up the stock he had promoted so hard then chose his moment to exit knowing full well it was over hyped and expectations couldn't possibly be met by the News Release and that the stock would collapse on news which it did within seconds of being released to the public.  Those actions are unethical , immoral and maybe even fraudulent.

The stock has collapsed over 36% in two sessions and appears headed downward. It failed to rally Friday despite the shills best efforts to lie his way out of a hypocritical situation he found himself in and under attack justifiably so by those who opposed his scheeming.

Given the current situation PEM has a cloud of doubt, suspicion and questions of complicity surrounding it at this point. 

It would appear that there are not shortage of sell orders at various levels up to .48c where duped investors are looking to exit this 'game' as soon as the price hopefully comes back up. Then another collapse with the shills help?

Guide yourself accordingly.

Bullboard Posts