Oroplata Resources Inc. (OTCBB:ORRP)’s Pump Is Still Going Strong
tags: ORRP
Oroplata Resources Inc. (OTCBB:ORRP)’s market cap has reached almost $70 MILLION if you take into account the gains in today’s green opening – but will the company manage to retain its gains for much longer?
As we all know, paid pumps, even massive expensive ones, tend to to end abruptly and horribly. However, if ORRP‘s momentum is anything to go by, the ticker may last on the ascent for a while yet. After all, as per the disclaimer, Investors Alley were afforded a “total production budget of $300000” by Rich Team Consultants to tout ORRP stock.
Naturally, this does not guarantee ORRP‘s continued climb – it just stands to reason that IA will put a little more effort into the pump, since they’re being paid that well.
Still, this being a paid pump, nothing is certain – its eventual end, notwithstanding. This is why it is advisable for investors to be doubly careful when dealing with ORRP. While it appears unlikely that ORRP will collapse under the weight of dumping, since it the company doesn’t seem to have toxic funding to its name, this doesn’t make ORRP much less of an investment risk.
Investors would do well to remember the old OTC Markets axiom – all pumps fail eventually. Enter at your own peril, and let the buyer beware.