A volume alert from two promoting websites was issued yesterday on Delta Petroleum Corp. (NASDAQ:DPTR). The alerts came after the session, so if they exert any effect on the stock, it will be visible today after the start of the trading session.
The two promoters who issued the trade alerts were Hot Otc and Stock Egg. These are one of the most active promoters on the penny stock market.
The disclaimers of the newsletters containing the trade alert didn’t reveal any compensation for the issued trading advice. Likewise, there was no third party mentioned either.
Last week was disastrous for the shareholders of DPTR. 
On Thursday, the stock opened the session with a huge gap down and eventually finished at $0.75 down from $2.23. In other words, DPTR lost 65% of its stock value in the blink of an eye and on a volume of 4.5 million shares.
The trading volume on that day was roughly 20 times higher than the daily average. In addition, FINRA showed that the total short volume for Thursday was 374 thousand.
In the days that followed, DPTR continued to lose value. Thus, at the end of the last session the stock closed at $0.63. As it was mentioned by the trade alerts, the trading volume in the last couple of days has increased significantly.
