Stevia First Corp (STVF) Pump and Dump
Stevia First Corp (OTCBB: STVF – $1.53) soared from about $0.70 to more than $3.30 in less than three weeks in what appears to be a massive pump and dump that likely ended today. At peak, this “company” with no sales and consistent operating losses was valued at just about $170,000,000. Recent trading volume has likely enabled the people behind this pump and dump to net more $20,000,000. While investors are thinking about all the ‘zero-calorie sweetener’ this company talks about selling, someones bank account is expanding by quite a few zeros….
Don’t believe the hype. Buyers beware.