International Sustainability Group Inc. (OTCMKTS:ISGP) Gets A Pump

At least 8 e-mails touting International Sustainability Group Inc. (OTCMKTS:ISGP)’s stock hit inboxes after Monday’s trading session. As a result the ticker added a solid 50% to its market value – but will it manage to jump again, or even retain its gains for a while?

The company’s charts from yesterday give a clear enough answer to that question. Though the ticker ended up closing 50% above its previous close, that was only due to the huge gap up with which it opened. Throughout the entirety of the session, its momentum was decidedly downward.

So, in a way, the pump worked – it got the attention of a lot of people, and a lot of shares changed hands.

However, ISGP‘s chart pattern is undeniably rather peculiar. It’s almost like someone knew that the pump was going to happen immediately, and was just waiting to get rid of all of the otherwise illiquid stock that he conveniently had on hand.

Of course, at this point, there is no way to be sure whether or not what we saw yesterday was a classic pump and dump scheme or not.

The only things we know for certain are that:

• ISGP‘s financials are mediocre, and its achievements to date are negligible
• 86 million of the of 527 million shares it had outstanding at the end of Q2 were issued during that quarter at undisclosed prices and for undisclosed reasons
• it has been the target of a massed pump campaign – and it’s not the first time it has been touted

As usual, it’s up to the diligent investor to decide what those facts mean. Prudent investors should probably ask themselves a couple of important questions right about now – what if ISGP has issued more stock since it last reported, and has told no one? What if it’s floodgates are opening even now?

Long story short – although ISGP‘s pump jump may actually give some the opportunity for profit, said opportunity goes hand in hand with a monstrous risk.