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The Wolf of Penny Stocks Creating Losses At An Astounding Pace

Thanks to some sleight-of-hand, MFG, LLC's newsletters produce more action than any other daily newsletter and the inflated losses to go with it

April 25, 2016: Among the current newsletters that tout worthless penny stocks on a regular basis, it seems that nobody can generate more volume or initial price surge in its subject pump than The Wolf of Penny Stocks and its sister newsletters, Epic Stock Picks, Trade of the Week and United Pennies of America, all of whom are "owned" by a non-existent limited liability company, MFG, LLC.  While, The Wolf and company can credit much of the volume in the stocks to an undoubtedly significant subscriber base and Twitter following, what most don't realize is that most of the initial volume at the beginning of the trading session--which fuels the additional interest of followers--is a facade created by trades presumably made by The Wolf himself or his pals. Let's take a look at a sample.

On April 14, 2016 The Wolf pumped the shares of US Highland, Inc (UHLN).  At the time, the company was delinquent with its financials, but has since produced them. Off their own numbers, UHLN shares are worth -$.3146 each. Pumping stocks with negative book values (read: bankrupt/insolvent/worthless companies) are not uncommon for pumped penny stocks, especially those touted by The Wolf.

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