While wellness is a physical and psychological notion, the state of your trading wallet is something intangible, yet very relevant and real.
Pumpers are once again on the heels of Wellness Center USA, Inc. (PINK:WCUI). The latest paid pump, after a late July attempt, runs on a $25 thousand budget and tries to convince subscribers that WCUI is the thing to go for. Those promises may turn out to be less appealing when one does their research.[BANNER]
The company, a development stage enterprise, is trying to sell nutritional products through a website it owns. This is the only undertaking the company speaks of in the present tense, with all other projects in the sphere of forward-looking statements. The performance of this online shop can be seen in the freshly filed 10-Q report:
- revenue generated over 2 years since inception: $1,499
- net loss over 2 years since inception: $288,959
- revenue generated over last quarter: $87
- net loss over last quarter: $63,690
It doesn’t really seem WCUI’s business is going anywhere except down a slippery slope. It’s really strange that pumpers thought they could tout the stock just because it trader higher a week ago, still slipping after the previous pump attempt.
Hoping a penny stock has bottomed and cannot go any lower is hardly a successful trading pattern when you still have way to go to double zeroes. 
Previously the same pumper helped drive the price of ORYN 50% down in a failed pump attempt. Another disastrous run by promoter PennyStock Shark was DIRV, which managed to drop into double-zero land in the wake of the pump.
Traders should be very aware of the risks that are virtually inherent to penny stocks, especially ones that are pumped by paid promoters. As usual, the best defense would be to do one’s own due diligence and don’t spare time when you’re sifting through the numbers.
