APGS_chart.pngThis week, Apps Genius Corp (PINK:APGS) received its second promotion for the month. As it was already reported last week, the company was advertised by Penny Stock Explosion for a compensation of $5,000.

The promotion was started before the trading session on Monday, December 15. However, the campaign had a little effect on the market as the session ended without any change in the share price and a volume of only 5000 shares.

This week, the campaign was initiated before the opening of the session on Wednesday by two promoters called Penny Stock Shark and Lightning Stock Picks. The former disclosed a compensation of $15,000 and the latter APGS_logo.jpg$35,000.

This time, the campaign apparently attracted more attention to the stock as the trade finished with a 5% increase in the share price on a volume of 33 thousand shares, which is three times higher than the daily average.

However, it was not until yesterday that the trade with APGS exploded. On the last session, APGS rose another 5% to $0.61, while the generated volume was tens of times higher than the daily average.

The total number of traded shares exceeded 630 thousand and the short volume reached 291 thousand. As far as the official FINRA short volume data is concerned, shorters took part in 53% of all transactions with APGS shares.