On Apr. 1, Anything Technologies Media Inc. (PINK:EXMT) opened with a gap up at $0.08 and had a record volume of 345 thousand shares, only to drop back and close at $0.064.
The performance was a surprise for some traders, or at least seemed unprovoked. However, EXMT appeared in this newsletter, on Mar. 31. While no money was paid for the promotion, the same promoter was compensated 150 thousand free trading shares for the services. This compensation could also explain some of the selling that followed...
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Applied DNA Sciences Inc. (PINK:APDN) crowned the headlines of two promotional newsletters last week. It seems that the company, which was promoted for $156 thousand in January, is back in the game with another round of promotion.
The first newsletter from last week came from Penny Stock Shark, which claimed that ADPN would be a power play on Friday. Indeed the volume of the stock rose considerably, but it was sellers that dominated the trade. Thus, ADPN fell 7% to $0.06 on Friday.[BANNER]
The second...
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Aquastar Holdings, Inc.(NDA) (PINK:RPPR) rose 42% on a volume of 129 million. This is more than 10 times higher than the 90-day average of the day. The increased interest in the stock yesterday was markedly a signal that something happened with RPPR.
In fact, the stock rose on the news that RPPR has signed a definitive agreement to acquire SUTIMCo. The acquisition will cost RPPR $4 million of proffered stock and $5.5 million in cash to be paid within 2 years.[BANNER]
The transformation of the announce...
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I haven't seen such a share volume for many days and nights. It used to be over several hundred thousand or several millions, but when I see a billion, my eyes grow wide. I am talking about Fortress Financial Group, Inc. (FFGO.PK) which expedites plans to become a broadly based consumer finance group. The share price jumped up by 100% and now is at $0.0006. In the meantime, the share volume is 1,254,387,320. What do you think about that?
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