Yesterday Goff Corp (OTC:GOFF
, GOFF message board
) managed to bounce, but didn't get anywhere near the high from last week. The company continues talk about the fabled potential of its supposed Colombian properties, but that may not be enough.
Yesterday's 14.23% bounce came after a press release, which was nothing more than a compilation of the information from previous releases.
Today GOFF was up in early trading, and there's yet another PR talking about the potential of the La Frontera Project.
With Victory Mark (VM) moving on, the Awesome Penny Stocks (APS) group is the one big pumper outfit touting GOFF. APS is talking about short sellers and how that could drive GOFF back to the previous high and above.
They were saying the same things about Swingplane Ventures, Inc. (OTC:SWVI) after it had crashed, and SWVI did bounce once or twice, but it never reached the high of $1.
It's not clear whether GOFF will follow the usual pattern for APS pump jobs. The involvement of a second big pumper introduced a new variable and GOFF ran faster than usual. It also crashed faster than usual.
There is, however, something that's very much the same as with previous APS pumps. GOFF don't have the money to do what they say they intend to do. There are still no filings to account for the last two acquisitions GOFF announced. Nor is there a word about additional financing which would allow those acquisitions.
Still, traders and potential investors are free to spend their money as they see fit. They should just keep in mind that when they get burned there won't be anyone else to blame.