Kaloyan Gadzhev

Nutranomics, Inc. f/k/a Buka Ventures Inc (OTCBB:NNRX) Quarterly Due Date Closing

by Kaloyan Gadzhev December 12, 2013
2NNRX_chart.pngDespite all the red flags around Nutranomics, Inc. f/k/a Buka Ventures Inc (OTCBB:NNRX, NNRX message board) and the two horrible crashes, there may still be some people looking at it as an investment idea. The due date for the quarterly report is closing in, and the filing may be enough to open some eyes.

The faith in NNRX is shaken as it is, but for almost every pumped stock on the market there are some hardened believers whose trading decisions are dictated by emotions. Yesterday was one of the painful sessions for NNRX believers. The stock lost another 13.33% and closed at $0.52 per share. On the bright side, it didn't close at the low of $0.46.

The drop came despite the company's fluff press release about a purchase order. That shouldn't come as a great surprise, though. When your stock crashes more than 50% in a single session and you spew out some optimistic announcement, instead of addressing the disastrous market performance, shareholder confidence is certain to take a hit.

We had our suspicions NNRX would be a pump job from day one, and we've been trying to warn our readers of the risks ever since.

Although Awesome Penny Stocks and their affiliates went out of business, there are still plenty of pumps which can cost novice investors huge chunks of their money. Those investors may be particularly vulnerable to pump jobs on companies like NNRX which seem to have actual running operations and generate revenue, unlike obvious catastrophes waiting to happen like Makism 3D Corp (OTCBB:MDDD).

53GNIN.pngWhile operations and revenues are very important factors in evaluating a company as a potential investment, they are simply not enough. Green Innovations, Ltd. (OTCBB:GNIN) is a prime example of what can happen in such cases. It's worth remembering that the newsletters which were used in the GNIN pump were also used in the beginning of the NNRX promotion.

Comments 3

1. Guest
December 16, 2013, 10:12AM

Quotes This stock is like your odds on winning the Mega Millions lottery except you have a better chance of winning the lottery!

2. Guest
December 13, 2013, 05:47PM

Quotes Does The CEO Have The Degree He Claims To Have?
"As far as I can tell,there is no Institute of Health Science in Nagoya, Japan, or anywhere else for that matter. I cannot find any other graduates of either schools on the internet or on LinkedIn. While it is possible that both of these schools are no longer operational, I find it very suspicious that I can find no other graduates or even references to either on the internet. Of course, Dr. Gibbs may still be an excellent creator of vitamins, I don't know, but the fact that there is no references to the school were he claims to have received his doctorate is alarming.

3. Guest
December 12, 2013, 09:58AM

Quotes Kaylona,
I wished I had read this aricle $1500 and one day ago-
Thanks for the keepin a close check on these pumpers-

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