exceeds 8 million shares. According to the records, the previous days it was much higher and yesterday it went above 30 million shares traded.Obviously, while the stock price is going down, the investors are selling heavily. Is it a new downtrend for HMIT?[BANNER]
The company has not released any news on its business since the end of June this year, so nobody knows what is presently going on with it.
Following the historical data, we notice that the pink sheets company has had frequent ups and downs in its stock price. However, HMIT has traded much higher since end of March this year.
A reasonable explanation on the stock high trade could be the company’s positive newsletters and press releases, published straight into the investor forums. In that way, HMIT may easily speculate on traders’ opinion and gain on the market.
Hidalgo Mining International, known as Verde Media Group, claims to be a next generation media company that combines natural resources mining and entertainment business to make profits. However, its recent financial report is not much satisfying. The company has registered more assets than liabilities, though it has suffered losses.
This month, no recent news on HMIT can be found yet, and nobody can predict where the price movement will lead to.
