Latteno Food Corp. (OTCMKTS:LATF) Past All Hope, Returns as Cheap Bet

Latteno Food Corp. (OTCMKTS:LATF) loses its glamor even faster, and at the end of last week dug itself deep into double-zero territory. It seems the “buy the dip” alert was not enough for a net daily gain, and LATF now trades as a short-term risky bet. The new week will show if another pumper will try to increase investors’ interest with a new message.

But LATF lost its longer-term credibility, despite promising lucrative medical marijuana deals and seafood imports. Even before, LATF had a somehow weak financial standing:

• $1,000 cash

• $116,000 total current liabilities

• $267,000 revenues

• $47,000 annual net loss

While Hot Shot Stocks took up LATF with no compensation, and may never mention the ticker again after gaining in the short-term, another pumper ran a longer campaign. Several pumpers received $25,000 for a series of mail on May 15th, and this may be the last mention, given the medium-sized compensation for the campaign.

Damn Good Penny Picks and PrePumpStocks were the latest additions to the inflated fame of LATF. There is already a new selection from Damn Good Penny Picks, which may mean it is done with LATF, and PrePumpStocks may be mulling for a few more days before abandoning the promotion.

Damn Good Penny Picks moved on to something even scarier- Enviro-Serv, Inc. (OTCMKTS:EVSV), a brand new ticker that is not faring much better than TTNP, its former incarnation. The May 17th email ended the day in net selling of extremely high volumes, dragging down the ticker by half in a single day as the pump caused disproportionate interest and a desire for fast gains.

Both LATF and EVSV may behave as extremely fast bets, allowing for growth in the middle of a trading session, but retreating on panicked selling. While a low, double-zero price may mean an easy climb, it is best to stay away unless you can afford the sharp correction.