Stocks Under $1 One Dollar

SourcingLink.net, Inc. (OTCMKTS:SNET) Slashes A Third Of Its Price August 19, 2013

What do you need to do if you want to pump a penny stock company? There are a few different approaches and there's no established path but we have witnessed some trends. Often, before putting the ticker under the promotional spotlight, the people who stand behind the company do a couple of preparations that include changes in the business plan and the management team, a stock split, an increase in the number of authorized shares and all this is frequently garnished with a couple of optimistic press releases. Then, it's just a matter of waiting for the pumpers to spring into action. This is exactly what happened to SourcingLink.net, Inc. (OTCMKTS:SNET) last week. read more

Pershing Gold Corp (OTCMKTS:PGLC) Struggling To Get Noticed August 16, 2013

Things seem to be going along nicely at Pershing Gold Corp (OTCMKTS:PGLC). In fact, on July 24, they issued a press release that we rarely get to see from a junior mining company. Apparently, they are starting work on Phase I of their drilling program at the Relief Canyon Mine property in Pershing county. That, you would agree, is a huge announcement and we must say that bombshells like this are not seen everyday. Then again, PGLC is not the typical mining penny stock. read more

Great American Food Chain, Inc. (The) (OTCMKTS:GAMN) Skyrockets After Stock Psy... August 16, 2013

Yesterday The Great American Food Chain, Inc. (OTCMKTS:GAMN) burst onto the market. The mostly dead ticker had been forgotten by traders but all that changed when The Stock Psycho and Darth Trader decided to improve their record and tout the company. Despite receiving no paid compensation for this service the two email alerts were all it took to propel GAMN to the sky. read more

Exlites Holdings International, Inc. (OTCMKTS:EXHI) Suffers Another Crash August 16, 2013

Exlites Holdings International, Inc. (OTCMKTS:EXHI) made its debut to active trading just this week when on Monday it took the market by storm trading more than 20 million shares. Such a massive interest was to be expected though when around 50 different alert emails were sent out touting the company on the very same day. Sadly for all the investors who decided to buy in because of the hype the stock has been going nowhere but down. read more

Investors Are Still Not Impressed With Jones Soda Co. ( USA ) (OTCMKTS:JSDA) August 16, 2013

Unlike a large portion of the small cap ventures that we cover on these pages, Jones Soda Co. ( USA ) (OTCMKTS:JSDA) is a solid company. They have worked long and hard and they have managed to market a brand that enjoys a strong support from the people who buy it and is easily recognizable. Jones Soda's Facebook page even has over a million likes. read more

Cereplast Inc (OTCMKTS:CERP) Taking A Plunge August 15, 2013

Cereplast Inc (OTCMKTS:CERP) displayed some pretty horrific performance yesterday. The ticker opened at $0.027, made a brief run to $0.0284 after which it crashed hard down. When the closing bell rang, the value was standing at $0.0211 which is around 25% below Tuesday's value. read more

BrainStorm Cell Therapeutics Inc. (OTCBB:BCLI) Managed To Recover After Two Day... August 15, 2013

Yesterday BrainStorm Cell Therapeutics Inc. (OTCBB:BCLI) opened with a gap up, stayed positive for most of the day and at the end had gained 17% above the previous close. Although the traded volume of 1.9 million was no way near the 7.5 million shares from Tuesday interest in the stock is still quite significant. read more

CodeSmart Holdings (OTCBB:ITEN)'s First Days Of Trading August 15, 2013

We deal with penny stock promotions around here every day and we must say that CodeSmart Holdings (OTCBB:ITEN) looks like the perfect pump set up. The business plan was changed a couple of months ago, some new people took the helm, a stock split was performed and the number of authorized shares was increased. In addition to this, some stock was sold at $1.60 (which considering the current value of $2.60 is quite a discount) and if you've followed as many pumps as we have, you know that these steps are often taken when a newly-born small cap venture is prepared for a promotional campaign. Still, as of right now, there seems to be no such thing. The newsletters are keeping quiet, we found no landing pages or paper mailer brochures, and even the message boards are pretty inactive. There are a couple of optimistic contributors on Seeking Alpha saying that ITEN will prosper, but we'll just assume that they really like the company and see if there's any merit to their claims. read more

Amanasu Technologies Corp. (OTCMKTS:ANSU) Bounce Back Up August 15, 2013

Amanasu Technologies Corp. (OTCMKTS:ANSU) had a remarkable run on its very first day of active trading two weeks ago. The stock simply exploded on a volume of 3 million traded shares and skyrocketed from as low as $0.028 to $0.30. Boosted by a slew of promoters the amazing climb continued further up and three sessions later they were sitting at $1.8. read more

Medical Marijuana, Inc. (OTCMKTS:MJNA) Bombs After Q2 Results August 14, 2013

For two days the whole sector involved with medical marijuana was enjoying a bit of a resurgence with Medical Marijuana, Inc. (OTCMKTS:MJNA) taking the lead once again. The company doubled its value on the massive volume of 37 million shares. Such interest in the stock hadn't been displayed since February this year. read more

Arch Therapeutics Inc (OTCBB:ARTH) Falling To Pieces August 14, 2013

It would appear that more and more money is being poured into the pump for Arch Therapeutics Inc (OTCBB:ARTH). The campaign started on July 8 when the landing page written by Mr. Ian Cooper went live. We talked at length already about how far-fetched his predictions, price targets and opinions are, so, instead of discussing them once again, we'll focus on the disclaimer which, during the first days of touting, said that the total promotional budget stands at around $790 thousand. read more

Elephant Talk Communications, Inc. (NYSEMKT:ETAK) With Minimal Gain Despite Pro... August 14, 2013

Yesterday we covered Elephant Talk Communications, Inc. (NYSEMKT:ETAK) who have decided to spare $100 thousand for a promotional campaign. This move certainly managed to increase the amount of investors showing interest in them and traded volume more than tripled compared to the previous session. The movement of the stock on the other hand remained rather pessimistic. read more

BlueFire Equipment Corp (OTCMKTS:BLFR) Pumped Big Time August 14, 2013

Until about a couple of months ago, nobody could care less about BlueFire Equipment Corp (OTCMKTS:BLFR). Trading was non existent and even the almighty QuoteMedia is not able to provide us with some historical value of the shares. Then, a 2 for 1 split was exercised and suddenly the ticker exploded onto the scene. Yesterday's session was pretty eventful with quite a lot of ups and downs and we decided to see what's going on. read more

Elephant Talk Communications, Inc. (NYSEMKT:ETAK) Resort To Self-Funded Promotion August 13, 2013

We last wrote about Elephant Talk Communications, Inc. (NYSEMKT:ETAK) back in 2011 when the company had just dropped from its high of $4 per share. In the past two years the shareholders of the company have had little to be optimistic about when ETAK has been going nowhere but down losing 80% of its value and currently trading around $0.8. read more

The $3 Million Promo For The Alkaline Water Company Inc. (OTCMKTS:WTER) Is Back August 13, 2013

At the end of last week The Alkaline Water Company Inc. (OTCMKTS:WTER) had some amazing sessions reaching as high as $0.62 and trading nearly 2 million shares on Thursday. The newly created entity received such a wide-spread appreciation from investors after a landing page praising them to high heaven was made public. read more

Exlites Holdings Int (OTCMKTS:EXHI) Steps Onto The Scene August 13, 2013

There was quite a lot of commotion around Exlites Holdings Int (OTCMKTS:EXHI) yesterday. We have managed to intercept around fifty promotional emails which in turn means that the daily volume amounted to no less than 20 million shares, making EXHI one of the most heavily traded tickers of the day. When the closing bell rang, the price stood at $0.077 which means that the shares are now around 18% dearer compared to Friday's value. Sounds good, doesn't it? read more

Cereplast Inc (OTCMKTS:CERP) On The Rise In Anticipation Of Q2 Results August 12, 2013

You can see from the chart on the right that the last six months or so haven't been the most successful in Cereplast Inc (OTCMKTS:CERP)'s history. If you take a look at the stock movement from further back in time, you'll see that the slide started quite a while ago. Friday's session, however, ended with around 20% in gains and we're wondering if this is a sign that the trend is finally about to be reversed. read more

Jones Soda Co. (OTCMKTS:JSDA) Shows Signs Of Hesitation August 12, 2013

Running a publicly traded company is not easy. You have to think about the development of the products, about signing of various agreements. You have to do a lot of due diligence, you have to make decisions that will be of benefit to the enterprise in the long run and all the while, you have to solve a host of different problems on the go. Probably the biggest challenge of them all, however, is keeping the shareholders happy – a point that was driven home by Jones Soda Co. (OTCMKTS:JSDA)'s stock performance from Friday. read more

Hemp, Inc. (OTCMKTS:HEMP) Bursts On The Scene Once More August 12, 2013

Out of nowhere last Friday Hemp, Inc. (OTCMKTS:HEMP) decided that it should put an end to its hibernation and the ticker exploded. Almost record breaking 53 million shares were traded that day compared to the 7 million from the previous session. At closing time the company had gained 19% sitting at $0.015 but during the day it went as high as $0.018. read more

American Soil Technologies, Inc. (OTCMKTS:SOYL) Gets Some Free Promotional Cove... August 12, 2013

Those of you who have been around penny stocks for quite a while know that thinking twice before listening to the pumpers is definitely a good call. We've seen numerous emails saying that this or that company has huge potential when in fact, the featured venture is really struggling for breath and that inevitably leads to some horrific results, but even though we're somewhat used to seeing promises for future growth of enterprises that are on their way to the bottom, the newsletters still manage to surprise us with how badly they choose their picks sometimes. American Soil Technologies, Inc. (OTCMKTS:SOYL) is a classic example. read more