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Trader-Turned-Informant Tied to Waste Stock That Surged 1,500%

  • Avalon Holdings jumped around time Guy Gentile disclosed stake
  • Two of his other recent purchases have also surged then fallen

Three tiny stocks that went haywire in the past month have one thing in common: a former FBI informant.

Shares of Avalon Holdings Corp., New Concept Energy Inc. and MER Telemanagement Solutions Ltd. skyrocketed and then dropped around the time that MintBroker International Ltd. revealed stakes in the firms, all of which have market values of less than $30 million.