written by reader Is Well Power (WPWR) a “game changing breakthrough”

By Anonymous Questions, February 24, 2014

Got this tip from Mike Statler Stock Tips letter, which has a promo video here: http://www.stocktips.com/special-1/

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burnerjackTravis Johnson, Stock Gumshoe Recent comment authors

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Travis Johnson, Stock Gumshoe

Nope. OK, I should qualify that: I have no idea what the company does. But the ad’s disclaimer clearly says it’s a paid promotion, with shareholders paying Mike Statler and/or his publisher $4.1 million to publicize the stock. Shareholders, not the company itself — so this is not a case of a sometimes ethically reasonable marketing campaign by a company that’s trying to raise its profile so it can raise more money or improve the business, this has all indications of being a simple pump-and-dump campaign designed to drive up the share price of a stock so that folks who… Read More ยป

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After observing the price progression of so many “miracle breakthrough…. must get in now… next google…blah, blah…” stocks, I wonder if one should just take these promotions as a clue to sell these promoted stocks short to buy quality stocks with the proceeds. None, not even one have I seen go up so a short squeeze seems doubtful.
Anyone try this? If so, how did it work out?

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