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Small winery, penny stock: Truett-Hurst Winery shares pumped then dumped

December 10, 2015 | Filed under Daily Data,Featured Articles | Posted by

When your share price starts to drop at or below $1, you know you’ve become truly a “penny stock” and that leaves you open to “pump and dump”opportunists. That is what seems to have happened to Truett-Hurst over the past week.

 

Screen Shot 2015-12-09 at 3.55.15 PM

This graph shows the fairly constant decline of THST’s share price since their IPO Right-click graph to enlarge. Also note small trading volume until last week. Right-click graphic to view a larger image

Image Source: Wine Industry Insight. Copyright 2015.

Wine Executive News subscribers click this link to view the pump and dump detail analysis in the premium image below.

Screen Shot 2015-12-09 at 4.08.56 PM

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