Penny Stocks To Watch - Justin Bieber Holds 16% Of OPMG

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Penny Stocks To Watch - Justin Bieber Owns Troubled Company Options Media Group Holdings OPMG

In the latest penny stocks to watch, I have picked Options media group holdings (OPMG) which is supported by adolescent celeb Justin Bieber who make famous the company product Drive Safe anti-texting whilst zooming edgeware software suite.

Once the news was released, OPMG share price tag shoot through the roof from 1 cents to 4 cents per share. This might also be owing to the fact which Justin has revealed the news on his facebook account using 27 million fans who journeyed on to spread the news more.

Is OPMG Another Pump And Dump Stock?

In accordance to Timothy Sykes, the #1 dealer on covestor, he believes that OPMG is an interesting penny stocks to watch because it appears prefer an additional pump and dump penny stock because it has over 50 financings in 24 months using simply $97,000 in notes and losses of $10 million dollars.

In the SEC filings for options media group holdings on 16 May, Justin Bieber was given 121 million shares at $0.01 per share or a complete of 16.4% of the Manufacturer", and also which includes royalties for just about every piece of application the producer sold. Though the product has been on the market for sometime, it has been making deficits as noted in the SEC filings.

So the current surge in OPMG give selling price can also be owing to penny inventory promoter at joenoelstocks.com, which in accordance to Timothy Sykes, which Emerging Expansion Research, LLC was given 4 hundreds of thousands of OPMG shares in their disclaimer.

As it is easy to check from the financial statement, OPMG is concerning to go down just before Justin Biber and with so many financings carried out previously, it can be difficult for the inventory cost to photograph up further because many insiders using stocks to trade could draw on this stellar possibility to take back again their money.

Using yearly deficits of $10 million and products which possess not demonstrated itself, can you make investments in options media group holdings which is wanting to access $5 million to dwell operational?

Again, doing so may be a good penny stocks to watch because it is outstanding achievable to make money from OPMG, but do not maintain it long, search out breakout especially if big time stock promoter hype items up. Do check out how Timothy Sykes can make money regardless if the penny stock is heading up or lower.

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