Stakool, Inc. (OTC:STKO) has received a new promotion last night aimed at raising the share price of the stock in the upcoming session. In addition, the company has issued more news and the technical configurations looks very promising.
Yesterday’s session closed at $0.137, which is a 14.17% increase from the previous close. The trading volume, on the other hand, was about 73,300 traded shares, which is less than the average for the past three months and was not sufficient yesterday to raise the price further up. Today, STKO could accumulate more volume as the RSI is about to cross and the MACD lines have already crossed the centerline.
We have another promotion to support STKO today, as well. A new promo e-mail came in yesterday evening and its effect should be evident today. With that last newsletter, the total amount spent on promoting STKO this month reaches $20,990.
Although Stakool is far from being in a flourishing condition as its financial results show, it keeps publishing more and more promising information on its subsidiary Anthus Life Corp. Yesterday, another PR came out, saying that Anthus is about to concur the corporate catering market after being engaged in a partnership with Las Vegas’ resort Red Rock Resort who would now offer STKO Natural plus EnergyTM product line as an option to the Healthy Break menu.
That might be actually a driving force to allow growth for the sales of the company, another issue is if it would directly transfer into growth for the value of STKO stock. At the end of September 2011, STKO had only $406,000 in total assets, thus its stock value should grow only if the next financial reports shows substantial increase and further potential for the sales.
