ETGU stock spam has arrived several times over the weekend. Samples of the ETGU spams will follow in a separate post.
According to Yahoo Finance, ETGU lost 25% on Friday in heavy trading volume (but ultimately low absolute $ value) of 3.708 million shares. ETGU closed at $0.0045. Recent data from PinkSheets.com showed EnerBrite (ETGU) had an annual high of $1.46 and an annual low of $0.0002.
ETGU was previously labeled "Stop: No Information" by PinkSheets.com. ETGU is now labeled "Caveat Emptor" and the worst part about it is trade quotes and stock price and detailed information is no longer provided on the PinkSheets.com website. You can still access some information on other 3P websites.
Here's a partial explanation from PinkSheets.com:
Pink Sheets has discontinued the display of quotes on pinksheets.com for this security because it has been labeled Caveat Emptor (Buyer Beware) and because adequate current information has not been made available by the issuer of the securities. It has been labeled Caveat Emptor for one of the following reasons.
1. The security is being promoted to the public, but adequate current information about the issuer has not been made available to the public;
2. The security has been quoted on an unsolicited basis since it entered the public markets and the issuer has not made adequate current information available to the public; or
3. The security is the subject of a spam promotion having the effect of encouraging trading of the issuer's securities, or represents, in Pink Sheets view, a public interest concern.
Track previous EnerBrite Technologies (ETGU) (ETGU.PK) stock spam and commentary.