Yesterday, Thrive World Wide, Inc. (PINK:TWWI) went through a heavy trade thanks to a paid promotion which was initiated early in the morning.
Thanks to the campaign, more than 1 million shares of TWWI common stock were exchanged yesterday, which is ten times higher than the daily average. Furthermore, TWWI stock increased 20% in value and closed the session at $0.0145.
The promotion of TWWI was led by various promoting websites who were apparently acting as one group because they all share the same parameters. For example, each promoter listed a compensation of $20,000, without disclosing the provider of the money.
A couple of hours ago, another newsletter dedicated to TWWI arrived in our database. It was led by Penny Stock Picks who said he expected a compensation of $20,000. So, it seems that the promotional efforts will spread in the forthcoming session as well.
Apparently, the appreciation of TWWI was supported by the promotional campaign. However, in due course the promotional effect will fade and then TWWI will have to support the achieved value with its fundamental side.
