Tuesday, January 5, 2010

OZON - Just A Dormant Shell After All

OZON issued a press release that current shareholders of the stock wish they had issued a few days ago.  The brief PR basically states that the stock is a dormant shell with no prospects on the horizon.  The press release contradicts the stocks upward movement the last few days amid rumors of something big in the works.  I think this picture illustrates exactly what was going on with OZON since late last week:




There is nothing wrong with a nice pump, but don't be around when the balloon gets popped.

The chart was looking more impressive by the day.  That should come to a swift end tomorrow when the stock will fall below $.005 a share.  Many speculators and investors will lose money on this stock tomorrow, but that is the price you pay for buying on rumors and nothing else.


 
 Today's pin of a PR that will pop the OZON balloon tomorrow:
 
 
 
Cyclo3pss Corporation Confirms Status as a Shell Company

SALT LAKE CITY, Jan 05, 2010 (BUSINESS WIRE) -- In light of the recent increase in trading activity in its common stock, Cyclo3pss Corporation (the "Company") (Pink Sheets:OZON) wishes to confirm that it: (i) continues to have no operations and no assets; (ii) may be deemed to be a shell company; and (iii) has no current prospects for any change in its status.






2 comments:

Anonymous said...

Well, at least they're honest about it.

Bob Wilcox said...

We've seen this a few times before. CTNO had a similar release a few years back.