Important: We are not affiliated with Elliot Dobbs in any way. His website can be found here: http://www.smauthority.com – The purpose of this article is to expose the truth behind the LEXG pump by Elliot Dobbs and many other promoters.
As many of you know, I’ve been covering the LEXG pump for some time – exposing what the stock promoters don’t want you to know about LEXG. I believe this is my final article on LEXG, summing up all of stockhaven’s research into one.
My first article explained to readers how the CEO of LEXG Alex Walsh was compensated over 25 million shares of LEXG at a zero cost basis (article can be found here). Potentially putting the young Mr. Walsh at a position to make more than the annual salary of the CEO of Goldman Sachs. I then went on to explain how extremely overvalued LEXG is at these prices, with the market-cap topping-out a whopping $500m, you can read about that here.
My most recent article goes into the painfully embarrassing financial history of the CEO of LEXG. A foreclosure document with Alex Walsh’s full name was discovered – Citron Research released this in their research report on LEXG, we cannot verify this. This article can be found here.
Today I received a flashy newsletter mailer written by Elliot Dobbs of Stock Market Authority in my mail box touting LEXG as “The small unknown company….turn a $10k investment into $100k”. I have to admit the newsletter is very well thought out, on every other page they make sure to include the word “Nasdaq” next to the ticker symbol – almost as though they were trying to add a false sense of legitimacy to LEXG. To the average uneducated investor this mailer gives the feel that you’re being presented the best thing since sliced bread. Don’t be fooled, if you’ve read my other articles on LEXG you will discover the facts.
Stockhaven bought LEXG at $1.15 it blew up to a high of $10, we alerted LTUM at .50 it ran to $1.90 in ONE trading day. OTGI alerted at .058, hit .30 days later. Stockhaven alerts can be signed up for below:
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