Lincolnshire, IL – Despite an announcement today that Robbins Umeda LLP has filed a class action suit against BioSante Pharmaceuticals (NASDAQ: BPAX) stemming from recent disappointments in its Phase III test results for its revolutionary LibiGel treatment for diminished sexual desire in post menopausal women, the company’s stock has rebounded sharply closing today at...
JBI, Inc (OTCQB: JBII) had rallied from $1.32 to $2.37 in the weeks before the SEC announced it had filed suit against CEO John Bordynuik and former CFO Ronald Baldwin for cooking the books back in 2009 to the tune of around $8 million by pumping up the value of some media credits...
It can now be told… Zipcar, Inc (NASDAQ: ZIP) is the Serious-Speculator’s stock pick for 2012. Zipcar, Inc is a membership organization that provides self-service vehicle use by the hour or by the day. The Company places vehicles in convenient parking spaces throughout major metropolitan areas and universities in North America, the United Kingdom...
The Obama Administration, through the Federal Reserve, just sold out American taxpayers by agreeing to print more US Dollars and pump them into the European economy in order to delay its inevitable collapse for a few months. The dollar infusion was done without even so much as a commitment by anyone in the European...
Thorold, Ontario (Serious Speculator – 06/24/2011) – On June 10, without fanfare, JBI, Inc (OTCQB: JBII) filed disclosure documents with the SEC revealing it had entered into an agreement with Coco Ashphalt Engineering, a division of Coco Paving to provide Coco with petroleum distillate for $109.80 per barrel or $2.614 per gallon. In...
Scottsdale, AZ (Serious Speculator 6/22/2011) – Green Planet Group, Inc (OTCBB: GNPG) announced last week, the acquisition of Global Energy International, LLC, a company that has developed a proprietary hydrogen generator that claims to improve fuel consumption in gasoline car engines by 20% and more. While the terms of the acquisition are still unknown...
On June 7th, the SEC made a surprise and long overdue move when it suspended trading in 17 stocks at one time stating there were “questions regarding the adequacy and accuracy of information about the companies, including their assets, business operations, current financial condition and/or issuances of shares in company stock.” This action signaled...
Las Vegas, NV (Serious Speculator 6/15/2011) – Respect Your Universe (OTCBB: RYUN), a start up sports clothing company, opened for trading on May 10th at $.25 before stumbled out of the gate and fell to $.17 before catching it’s finding it stride on May 23rd. What followed has got to please insiders and those...
Scottsdale, Arizona (Serious Speculator – 6/7/2011) – When I first discovered Green Planet Group Inc, (OTCBB: GNPG)I thought I’d look into it and find just another penny stock hyping its greenness while promising the moon with wildly improbable business concepts, no revenues and a huge stock promotional budget. Imagine my pleasant surprise when I discovered...
Keyport, NJ (5/16/2011 – Serious Speculator) – Cono Italiano stock (OTCBB: CNOZ) has been on a tear the past few days following some press releases and (probably) the anticipation of today’s announcement after the close that the company’s product was featured on the Food Network during a recent segment of Unwrapped called “Crazy Containers.” The...
