Swingplane Ventures, Inc. (OTC:SWVI) Still Pumped by Awesome Penny Stocks

With the dreadful performance of Swingplane Ventures, Inc. (OTC:SWVI) from last week one may have expected Awesome Penny Stocks (APS) to drop their efforts to pump the stock, but they are still on it.

On Friday, SWVI closed down another 18.52% at $0.22 per share. The volume traded reached 33.6 million shares. This brings the losses since Feb. 25 to about 71%, and close to 80% from the previous high.

It seems, the dreadful performance of SWVI isn’t enough to put an end to the pump efforts. Awesome Penny Stocks and the other newsletters operated by Degroupa Tenner Morales Media Corp. are still mailing on SWVI.

In their latest emails the pumpers suggest that SWVI can go up 400%. That bold statement seems to be based on the idea that SWVI has reached the bottom. These claims may sound eerily familiar to those who have some experience with previous APS pumps.

This tout email on TagLikeMe Corp. (PINK:TAGG), for example, is strangely similar. It was sent on Nov. 5, when the TAGG pump had already crashed hard. Even so, anyone who bought the claims of the pumpers that day got to see their investment turn to nothing.

There is a chance SWVI may see a bounce or two on its way down. However, a return to recent highs is out of the question, if the performance of past APS pumps is any indicator.

We have been covering SWVI since the pump started, and we will see it through. I hope our readers didn’t dismiss our warnings as bashing and weren’t among those who got burned on SWVI.