African Copper Corp (OTCBB:ACCS) Left for Dead
Traders got fleeced on African Copper Corp (OTCBB:ACCS) by Victory Mark (VM). Without as much as an apology, the pumpers moved back to their previous pump.
Yesterday, the fourth day after the VM pump, ACCS closed down another 38.84% down at just 2 cents per share. A little over 16 million shares changed hands.
The last email on ACCS from Select Penny Stocks and Penny Stock Heroes was sent on June 24. As pointed out in the update to my article, the pumpers weren’t particularly careful with their research.
They wrote about the appointment of Andrew Stone as President and Director of the Board as if it was some exciting development and change in management. If VM had taken the time to check out the filings of ACCS they would have known he is the same guy who has been running the company since before the pump had even started.
The fact that ACCS doesn’t even comment on what has happened on the market doesn’t help, nor does the lack of any filings, since early May.
As stated above VM has moved back to its previous “pick” – Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII). Keeping in mind the horrible crash of ACCS, it will be interesting to see where XUII will go in the next couple of days.