Stock price of Juhl Wind, Inc. (OTC:JUHL) keeps falling down this week. Yesterday, the stock lost another 5.56%, while its traded volume substantially increased.
Historical records show that JUHL has not released any news on its business lately and no one can explain the current price fall. In fact, it could be just the lack of information that makes its stock moving down. However, that’s not the end of the story yet.
As the news is missing, Juhl found another way to pump up its stock price. Namely, by using its well-known strategy – promotions.
JUHL got promoted yesterday for a total compensation of $17,500. Obviously, the campaign was held to cut off the present loss on the market, though the result is yet to be seen.
In any case, promotions have helped JULH to move up before, so the stock might have a chance to do it again.
Juhl Wind engages in Community Based Wind Power development and management, focused on wind farm projects throughout the US and Canada. As of September 30, the company’s cash position looks strong enough to fund its projects.[BANNER]
However, JUHL has not covered neither its current, nor its long-term liabilities and the accumulated deficit remained a phenomenal value.
At this point, the management ot Juhl claims that they have sufficient cash to implement its business plan, though they will keep looking for additional sources of revenue.