UOMO Media Inc. (OTCMKTS:UOMO) Pump Gets Bigger
[[tagnumber 0]]Pump activity for UOMO Media Inc. (OTCMKTS:UOMO) started around Apr. 24. The promotional efforts so far have been from smaller pumpers, but as of the close on Friday, the BlueLys Capital, Inc. outfit has joined the party. [[tagnumber 1]]On Friday UOMO closed up 10.42% at $0.265 per share on approximately 369 thousand shares. The track record of the BlueLys outfit suggests their involvement could significantly boost the volume today. The effect it will have on the price, however, is a different question.[[tagnumber 2]] [[tagnumber 1]][[tagnumber 4]]The BlueLys group includes the newsletters: Hot Stock Ace Publisher, Wall Street Scoop, Wall Street Report, Penny Stocks VIP, Monster Trading Alerts, and Penny Stocks Guru. These newsletters have disclosed a $225,000 compensation.[[tagnumber 2]] [[tagnumber 1]]Bigger compensation doesn‘t mean better market performance. The previous “pick“ of the BlueLys outfit was Olie, Inc. (OTCBB:OLIE). In the first day of its pump alone, OLIE dropped 30%.[[tagnumber 2]] [[tagnumber 1]][[tagnumber 9]]After the close on Apr. 15, BlueLys started mailing about Enviro–Serv, Inc. (OTCMKTS:EVSV). Back then the name was Transfer Technology International Corp, and the ticker was TTIN. It dropped about 25% the first day and it‘s down more than 75% to date.[[tagnumber 2]] [[tagnumber 1]]The performance of the picks before UOMO doesn‘t mean the exact same thing will happen today. However, the financial state of UOMO, discussed in previous articles, doesn‘t look too promising, and a crash can be expected in the coming days.[[tagnumber 2]]