The Biggest Dumping of Stock in The History of Cephas Holding Corp (OTCMKTS:CEHC)
After the flurry of promotional emails on June 9 and June 10 the pump for Cephas Holding Corp (OTCMKTS:CEHC) seems to be over after the massive dumping of stock that took place yesterday.
Yesterday the stock of CEHC opened at a fair price of $0.022 per share. It peaked at $0.025, however, the jump was short-lived due to the fact that there were massive amounts of stock being dumped, most likely by the people that paid for the promotional campaign in the first place.
When you take into consideration the fact that CEHC‘s stock trades in an average of 66 thousand shares, the amount of 7.6 million shares that switched hands in yesterday’s trade session is mind-blowing. The total trade value that CEHC‘s stock generated yesterday was $135 thousand and we are certain that some insiders went to sleep with a smile on their face.
We don’t know how any serious investor would have made a long-term investment just on the hype, because the situation around CEHC right now is shady… at best. Right now they are in the OTC Pink tear with the red sign for OTC Pink Limited Information companies, as they haven’t filed reports with the SEC for quite a while now.
The last report that can be found, containing financial data about CEHC is for the quarterly period that ended September 30, 2012. Let’s take a quick moment to check the numbers of prime interest from the report in question and see if CEHC is worth its $404 thousand market cap.
- cash: $43
- total assets: $391 thousand
- current liabilities: $6.4 million
- revenue: $1
- net loss: $90 thousand
We don’t really know what the deal with the $1 revenue is. Is it just some way of showing people that they have some kind of business that generates revenue, even at such low rates? Anyways it will most probably be just another red flag for more serious investors that have had in their mind to invest in CEHC.
The latest press releases that are aiding the promotional effort which is led by as many as 16 pumpers of all shapes and sizes don’t seem to have that much solid information either. It’s the usual things that a trader would believe in before doing some due diligence. In other words they are projecting numbers themselves instead of asking for an outsider professional’s unbiased opinion on their possibilities. That, however, is nothing new in the OTC Markets as we have often seen the metamorphosis of different CEO’s that become specialists in different sectors of business overnight.
It gets even more disturbing when you see the blokes that are pumping CEHC‘s stock. Since there are so many promotional outlets touting CEHC‘s stock, we decided to give attention to Super Nova Stock Picks and Winning Penny Stock Picks and one of their latest promotional campaigns. On June 3 the above mentioned touted Dephasium Corp (OTCMKTS:DPHS). What followed was huge dumping of stock and the price per share of DPHS going down a total of 75% in 5 trade sessions. The chart to the right speaks for itself.
Having all that in mind, CEHC is probably one of the riskiest tickers that you can invest in. Some of the more experienced traders may make short term investments that could turn out to be profitable, but anyone that has in his mind the thought of playing such a game should be prepared to take eventual losses. Be sure to do your due diligence and weigh out all the risks before you make an investment decision.