written by reader 24 cents to $1.02 in one month – NHUR

By ramakanthgade, May 27, 2013

Hi Guys,
I was going through this article about this teensy company in Oil and Gas industry – Northumberland Resources Inc (NHUR).
Anyone has any idea how good the company is and is it a good bet? I do not have any knowledge about Oil and Gas industry and one of my recent gambles on HRTPY was a disaster. So, any help is appreciated.

Are you getting our free Daily Update
"reveal" emails? If not,
just click here...

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.



This site uses Akismet to reduce spam. Learn how your comment data is processed.

Inline Feedbacks
View all comments
Travis Johnson, Stock Gumshoe
June 10, 2013 2:09 pm

This is a stock that’s rising at least in large part because of “investor relations” PR campaigns. Don’t know anything about the company, haven’t looked at them at all, but it’s always good to be extremely cautious about microcap stocks that rise dramatically because of PR campaigns — those campaigns end eventually, and generally the stock collapses if it’s a pump and dump by outside investors or it’s a company that’s raising its profile in order to sell more stock at a higher price. Don’t know if this particular one meets those criteria because I haven’t researched it, but here’s an excerpt from the Billionairestocks.com disclaimer that should give any investor pause:

“We are engaged in the business of marketing and advertising companies for monetary compensation. …
“Compensation: A three million dollar investor relations budget is being managed by PubCapital Inc. Any funds leftover after expenses for research, overhead, advertising and public relations related to Northumberland Resources (NHUR) will be considered profit. PubCapital Inc and/or entities related to PubCapital Inc hold a large amount of shares in NHUR and intend to sell those shares. Ours and their sales of NHUR common stock will affect the value of your shares (negatively). This should be considered a direct conflict of interest. Please review all investment decisions with a licensed investment advisor.”

Always, always read disclaimers, particularly if someone sends you a “free” stock tip.

Add a Topic
Add a Topic
Add a Topic
👍 15993

We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.

More Info