During yesterday's trading session, Easylink Solutions Corp. (PINK:ESYL), (FRA:AOIN) demonstrated notable activity.
Suddenly, as opposed to the weak number of buy orders for the company's stock, a magical press release for an implemented order for delivery of MeBox - Nano media Player successfully pushed up the price of ESYL.
On the bottom tier of the OTC market, OTC Pink, the price of ESYL flew up by 7.2% between the trading sessions. Though the price soar, the trading volume has been six times less than the daily average for the company.
Still, this was one of best possible scenarios. The released by the company from the far Hong Kong exciting news about the received remaining $680K Dollar (hk) from the order has not been able to induce any match between the demand and the supply of the company's stock on the Frankfurt stock exchange. As seen, the last executed by XETRA order on AOIN has been done last Friday. The same day, the trading system recorded a turnover that was worth 0.18EUR.
At the end of June, Easylink Solutions Corp. did a release for the above mentioned order of the company's product. Thereon, ESYL closed the market at $1.07 per share, while yesterday the company's stock has been worth four and a half times less.
ESYL pulled back dramatically within less than three months.