YaFarm Technologies, Inc. (PINK:YFRM) Spirals Down

It looks like this week has been a real nightmare for shareholders of YaFarm Technologies, Inc. (PINK:YFRM). The stock is currently down nearly 60% from its Friday close, slipping progressively.

We covered the stock as early as the first rounds of email pumps this month that brought the stock to life and warned investors about the various red flags around the chart movement and the promotions. The fact of the matter is that right now pretty much every investor who bought YFRM shares since the pump campaign started on Feb 5 is sitting on a loss of up to 65%.

Someone shelled out a lot of cash to see YFRM kickstarted out of its dormant no-volume status and into active trading. Promoters reveal budgets ranging from $50 to $100 thousand, paid by a third party to ensure YFRM stock gains sufficient exposure through email campaigns. The last available pump mail came through on Monday, before the stock was completely wrecked, announcing a possible ascension to new highs. Instead, YFRM dropped from $0.24 to $0.10 on a little over 3 million shares traded.

The company’s unending stream of upbeat press releases and purported developments around their deal with an entity called the Stem Cell Research Institute in Cancun, Mexico, which curiously coincided with the email pumps, did nothing for the stock’s price movement this week.

One of the Feb 25 promotional emails for YFRM so far was sent by pumpers from The Bull Report. The same outfit previously started a promotion on Livewire Ergogenics, Inc. (PINK:LVVV). After inflating the stock on hype and keeping their end of the two-month, $100 thousand promo bargain by promoting LVVV even after it had crashed in January, the Bull Report walked away and left investors alone and confused. The company’s stock is currently about 66% down from the pump spikes.

Sometimes eager investors happen to learn not to trade on paid pumps and hype the hard way, but when learned that way, it’s a lesson that’s hard to forget.