Resource Ventures, Inc. (OTCMKTS:REVI) Lights its Fuse with Blatant Self-Promotion

Resource Ventures, Inc. (OTCMKTS:REVI) has had dramatic daily runs before, but nothing like this Wednesday. REVI broke all records, both in volume and gains. The ticker added more than 692% to $0.0499, on buying volumes of $3.55 million. But what made investors realize that this highly underpriced ticker is suddenly worth loading up, to the tune of 100 million shares mopped up in one day?

And with Thursday’s downward opening, we are questioning if REVI will continue for a while, or just go on to correct this blip in the graph.

While REVI has been prepared for a jump for a while with a series of emails starting in January, what really ignited the fuse was the announcement of an involvement with Hemp, Inc. (OTCMKTS:HEMP), making a swift change from being a printing company to a partner of the newly active cannabis sector.

The company itself padded the rise with PR information, stating that 2014 would be a year of reversal in activity, not unlike other penny stock companies promising the same. And indeed, the year proved immensely successful. So good in fact, that Blue Horseshoe Stocks and Wall Street Buzz sent out the latest two emails for free, to capitalize on the awesome rise of REVI. Still, the latest message from February 6th did little to forestall the inevitable profit-taking after the peak day.

Unfortunately, REVI does not even report with the SEC, being a pink sheet company, but at this point and this price range, it would be mostly immaterial to add this information. Suffice is to say that REVI is even more at risk to crash than there was the probability for such a successful day of buying.

And just as REVI was enjoying the rise, a critical article from Seeking Alpha may have stopped it in its tracks. There were some doubts as to the solidity of the partnership with HEMP, but the biggest tell-tale in the PR is the blatant admission that REVI would be benefiting from “the explosive growth and stock feeding frenzy that is currently occurring in the industry sector”. It is rare that a company will admit to artificially inflating its stock price, right in its very own press release.

But since REVI has already unraveled, there is little more to say- except that bargain-hunting may not be the wisest move, given all the red flags around the company.

If you are looking for a strong gainer, Vapor Brands International, Inc. (OTCMKTS:VAPR) seems to have more solid grounds, and is now conquering the 35-cent levels in a much more gradual climb. VAPR opened upward on Thursday, adding another 10 cents to its price.

While sub-penny selections can offer dramatic daily gains, and even sometimes keep them, REVI is the wild card that is only in for the short-term benefits- and it has already got them. It is best to stay away from this ticker and other similar selections, knowing that no price range guarantees stability.