stock SYNC touted by NIA

By bcheary, June 4, 2012

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

I missed out when NIA touted BVSN. The stock started out at $7 and hit the low fifties before spiraling down. SYNC looks like it may do a little better. Any thoughts?

Leave a Reply

2 Comments on " stock SYNC touted by NIA"

avatar

Travis Johnson, Stock Gumshoe
Admin
4441
June 4, 2012 3:53 pm
As with any promoted stock, you’re playing with fire — there are a lot of dangers in following stocks like this, where the “newsletter” buys the stock first, drives the shares up with persistent, urgent, constant recommendations and re-recommendations, and then sells its shares at about the time that they stop covering it, and shortly after that the stock returns to whatever equilibrium it had before. Sometimes the promotion fails to capture the imagination of investors and drive the shares up, sometimes they stop promoting it at an inconvenient time for you and you don’t get a chance to sell… Read more »
Brian Cheary
Guest
0
Brian Cheary
June 4, 2012 4:28 pm
Thanks Travis. I read the Motley Fool article with interest. I followed BVSN and watched its rise and fall but did not invest. This time I am taking a small position in SYNC which I got in at $9 and will probably get out between $15 and $20 (if it makes it that far). NIA, if one can believe them, claim to have a $4 million dollar investment (I forget how many shares) in SYNC with a promise to hold for at least 60 days. I will be watching very carefully. Having been burnt with penny stocks, I keep an… Read more »
wpDiscuz