Endeavor IP, Inc. (OTCBB:ENIP) Crashes, 900PercentStocks Promises Rebounce
The whole run of Endeavor IP, Inc. (OTCBB:ENIP) seemed too good to be true, and indeed the ticker did not survive the end of the week, sinking deeply on two consecutive days. On Friday, ENIP lost more than 26% to $0.705, on dollar volumes a bit above $1.07 million. The fall came after a critical article from Seeking Alpha. While ENIP was enjoyed for the fast reaping of profits, the company always remained a shifty business that licensed only its own products, in a very self-reflected business model. 
And on top of that disaster, pumpers have the nerve to prime the market with an email landing on Sunday, promising that ENIP may take off come the new trading week. With this last email, ENIP saw seven total messages this month, with a total budget of a bit above $1 million. Again, it’s 900PercentStocks behind the disproportionate rise. But we have to wait and see if a promotion would help, or it would create just more opportunities to shed the shares as if they are on fire. 
But the pumpers are cautious this time, advising a stop-loss at 60 cents to avoid the negative scenario. Yet ENIP is seen as revisiting its heights, easily reaching $1.20 again. This may happen if the short sellers that depressed ENIP at the end of last week decide to buy back. It also means you will have to adjust your timing, since even at 70 cents, ENIP has a long way to fall and may invite more short-selling.
The most shameless promise of the pumpers is that ENIP has “an ongoing investors’ relations effort”, in other words, the heavily promoted ticker may rise further because it will be promoted further. All of this means that ENIP is a wonderful choice, if you are aware of the lack of substance behind the company and are ready to move out on time.
ENIP follows the footsteps of many overly primped tickers that were ripe to be picked by short sellers. Lot 78, Inc. (OTCBB:LOTE) started off as yet another company with a small, and reportedly promising activity. The ticker shot up from 50 cents to a pre-split price of $23, bedore losing more than 99% of its value.
The Alkaline Water Co., Inc. (OTCBB:WTER) also prepared a presentation, went through a wild promotional time, but slid permanently down 60%, with further pressure as the company offers less and less press releases.
ENIP has enough insider shares to continue selling, and to be an incentive for further boosting the prices. The shares were issued at rock-bottom prices, and may yield immediate gains, even when sold at the current depressed prices.
If you still appreciate ENIP for the potential reversal, it is best to realize that the best days of the pump are over, and be prepared for unexpected twists.
