Goff Corp (OTC:GOFF) Dropped by Awesome Penny Stocks
Goff Corp (OTC:GOFF) was supposed to get a weekend update by Awesome Penny Stocks (APS). Not only didn’t that happen, but the pumpers actually dropped them without saying a word.
There was no email after the one from Friday and yesterday the banner saying GOFF was the pick of APS was taken down. GOFF took a steep dive in early trading and ultimately closed down 28.03% at $0.172 per share on nearly 22 million shares.
Just 6 days ago APS said they would “continue to profile GOFF in the coming weeks and into May.” Seems like that’s not going to happen; neither is the fabled short squeeze, nor the second pump spike.
In the meantime, GOFF issued yet another fluff press release, which did nothing to prevent the crash. The company may continue to provide such optimistic, but largely inconsequential announcements.
That has happened with all of the predecessors of GOFF, including Swingplane Ventures, Inc. (OTC:SWVI) and World Moto, Inc. (OTC:FARE). After a huge crash they may get a relatively small bounce followed by a slow descent.
We warned our readers GOFF was a pump job and that it would crash sooner or later. Now it’s joining the rest of the APS pumps in a painful and arduous journey to find a bottom. That may take quite a while.