John Babikian, Date of Birth, Place of Birth

    

John Babikian

Canadian penny stock promoter

Date of Birth: 05-Aug-1988

Place of Birth: Montreal, Quebec, Canada

Profession: Stock promoter

Zodiac Sign: Leo


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About John Babikian

  • John Babikian aka "Wolf of Montreal" (born August 5, 1988 in Montreal, Quebec) is a Canadian penny stock promoter.
  • In 2013, at the age of 25 years old, he became the subject of international media attention after his $100 million divorce in the province of Quebec was made public.
  • The case files of the divorce revealed a considerable amount of assets which were being dissimulated around the world. According to data compiled by the Bloomberg Agency, Mr.
  • Babikian is alleged to have caused as much as $3 billion in losses for investors in North America and around the world through the website Awesome Penny Stocks.
  • The manipulation may have involved as many as 38 companies.
  • The level of sophistication and success earned him the nickname "Wolf of Montreal" after Jordan Belfort who is called "The Wolf of Wall Street" with the famous eponymous movie.
  • The companies being manipulated were often obscure OTC companies that had shares priced at just pennies.
  • The e-mails which touted those companies helped inflate the price of the shares and brought high liquidity to otherwise illiquid stocks.In 2012, for example, Babikian touted the shares of a pharmaceutical company.
  • The company's market value grew by $700 million in two months.
  • After the emails stopped, the price of the shares collapsed.

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