Face Up Entertainment Group (FUEG) stock spam, pump and dump failing

Face Up Entertainment Group (FUEG) stock spam, pump and dump failing .... The spammers must be dismayed that volume has not spiked upward. Making matters worse is FUEG has failed to set a higher high over the past couple trading sessions. On Monday volume was higher but boy was FUEG volatile. FUEG opened at $0.24 compared to a close of $0.29 on Friday. It traded as high as $0.28 intraday, and which is where it closed, but it did trade as low as $0.23 intraday! Did the $0.23 reflect spammer selling and then the rally back renewed buying??? Careful here folks.

Our posts on FUEG:

http://spam-list.blogspot.com/2012/10/face-up-entertainment-fueg-pump-and.html

http://spam-list.blogspot.com/2012/09/faceup-entertainment-intake.html

FaceUp Entertainment (InTake Communications), "It is my new MUST SEE STOCK!‏" (FUEG) (FU_EG)

Looks like a classic case of penny stock spam, scam, pump-and-dump. Sunday morning we received an email with the subject line: It is my new MUST SEE STOCK!‏ It's interesting on Google Finance that the FUEG ticker brings up Intake Communications, which has the same Friday closing price of $.303. Intake was Face Up's corporate name until January 2011. It was then Game Face Gaming until April 2012. The $.303 close reflected a gain of 8.21% on the day on almost 117,000 shares traded. Google Finance has a market capitalization of $16.42 million for FUEG. Yahoo Finance shows Face Up Entertainment Group for FUEG and it shows a higher market capitalization of $17.76 million. We also see that Face Up has hired Al Rash, formerly of Full Tilt Poker, per a press release which is the reason cited by the spammer to buy Face Up. There is a very aggressive "10 Day Goal Value" of $2.36. Although we don't see any warnings from Pinksheets.com, when we were more actively covering stock spams we have seen Pinksheets apply them during and following an email pump-and-dump campaign. As always, caveat emptor!

The body: One Undervalued Penny Play not to miss! Under Accumulation!
Trading Date: Mon, October 1, 2012
Name: FaceUp Entertainment Group
Symbol to buy: FU_EG
Currently traded: $.303
10 Day Goal Value: 2.36
Advice: Buy/Hold

Fri, September 28 Face Up Entertainment Group, Inc. (To buy: FU_EG), a Reality Gaming Social Network company, today disclosed that Al, a veteran writer with forever in the online gaming community, known as "Al CantHang" from of Full Tilt Poker and the main force behind FullTilt`s Poker Forum from the rail and most notably of the Epic Poker League has linked forces with the Crew!!! Al CantHang brings with him exceptional marketing experience, poker network relationships, community management and in-depth coverage!