Endeavor IP, Inc. (OTCBB:ENIP) Opens Week Up on New 900PErcentStocks Email
For now, Endeavor IP, Inc. (OTCBB:ENIP) stemmed the outflow and even added to its price on the new week. ENIP grew by more than 20% on Monday to stand at 85 cents, on dollar volumes above $660,000. As the ticker fell, pumpers redoubled their efforts, landing an email just Monday morning to boost the mood. 900PercentStocks strikes again, with a $1 million budget that may last for a while. 
ENIP on its side is silent about its business development, instead relying on pure hype to land a better position. Now, it remains to be seen if the ticker can make enough of a run, or if it would continue to correct. Investors’ forums already mark ENIP as a risky scam, though Monday’s performance may have been impressive enough to entice more greed. An additional email could also boost the ticker, as it happened on Monday. 
The pumpers promise $1 levels for ENIP at the end of this week, and call it a low-risk, high-reward opportunity. Yet we have seen what happens in just two days of less active promotion, coupled with short-selling. Sooner or later, ENIP will fall, no matter how many runs it manages before that.
ENIP is headed by Mr. Cameron Gray, a lawyer with a long career in patent claims. And while his experience may be vast, the future earnings potential of ENIP rests on the beneficial development of the lawsuits filed against firms for alleged patent infringement. Since ENIP licenses the products of its own subsidiary, this strategy seems rather aggressive and uncertain.
ENIP has only one setback, it has not been mentioned in a paper mailer, which is a slow and sure way to invite crowds of new investors. For companies that had such a mode of promotion, the initial days were astounding. The Alkaline Water Co., Inc. (OTCBB:WTER) was such a case, making a good smooth run, only to hit rocky ground as soon as the brochures ran out.
ENIP is similar in its run to First Titan Corp. (OTCBB:FTTN), another ticker that showed a tendency to rise on speculation and hype. Now, FTTN still clings to the dollar levels.
ENIP is also risky for the fact that daily volumes hardly exceed 1.5 million shares, yet the company has more than 45 million shares outstanding, enough waiting in the sidelines to be sold as it is seen proper.
What is more worrying is that previously, ENIP appeared as Finishing Touches Home Goods, Inc., the brain child of Daniel Kramer, the person who also set up the hollow shell of Petrosonic Energy, Inc. (OTCMKTS:PSON). PSON is now a totally defunct post-promotion ticker.
Finishing Touches ran the script of issuing seed shares to Russian investors, then going public for the chance to shed those shares. ENIP also has 200 million common shares authorized, at a par value of $0.0001 per share, with a vast potential for dilution and insider holdings.
While ENIP looks solid and promising on the surface, the company holds too many red flags, so it it best to ride the good days safely, and not invest sums that you cannot afford to lose on a sudden correction.
