stock ticker: SKNN

Has Footwear Become The Next Bio-Tech?

Mailboxes throughout the country have been bombarded with mailers for investors to buy shares in a one day footwear company called Skins Inc (OTC:SKNN).  There is only one problem: with a market cap of over $100 million, Skins Inc does not even have a shoe for sale on the shelves.  Who would give such off the wall investment advise?

None other than Geoffrey Eiten. 

http://www.marketmavens.com/marketmavens.asp?WCI=GetArticle&Article=Eiten-1162429017

Mr. Eiten was charged two months ago by the Secretary of State of Massachusetts for widespread pump and dumps.

http://www.sec.state.ma.us/sct/sctnat/eiten_complaint.pdf

Mr. Eiten has been attached to some of the most notorious pump and dumps over the past 5 years.

This is where it gets unbelievable. (more…)

stock ticker: IOC

Stocklemon comments on Interoil (AMEX:IOC)

Stocklemon has been covering Interoil for over a year when the price was in the 40’s and its sole analyst had a $72 price target on it. In light of prior opinion pieces from Stocklemon on Interoil, the recent rally in IOC shares on the heels of its Elk-1 gas discovery in Papua New Guinea warrants our comment.

Stocklemon remains skeptical that IOC’s gas discovery in New Guinea will materially benefit the company. This gas find is years and billions of dollars from being monetized.

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