It was just after reaching an all-time low last Tuesday when a reverse for Horiyoshi Worldwide Inc.(OTC:HHWW) began. Positive sessions day after day coming to this Tuesday. What direction the stock price would take today is yet to see, but given the catalysts at hand, it would not be surprising if the positive trend remains. 
Monday was a particularly interesting session for Horiyoshi. Two press releases came out – one about the opening of a new store in London, and another about the launching of a new street wear line for mass market distribution. No wonder that almost 600k shares changed hands that day. The session closed at $0.33 per share, which is a 25% increase for the day and 50% since the all-time low last Tuesday. It is not over yet, though. Not by far, since after the session yesterday closed, two newsletters came out. Both paid by a third party and being worth a total of $35k. Their effect on the stock market is to be felt today, so another day of vivid trading activity might be coming. How this would affect the stock price is another matter entirely.
It is also worth-mentioning that the all-time low for the share price happened just when the 10-Q came out, the quarterly statement covering a period with an end-date June 30th this year. One that could have also served as a catalyst for the reverse of the negative trend. Among other figures, the SEC filing includes the following: [BANNER]
- $2.9 million in cash;
- $3.6 million in total current assets;
- $1 million in total current liabilities;
- $1.9 million in accumulated deficit;
- $38k in revenues;
- $685k in net loss;
On the one hand, the net loss is still a number to pay attention to. On the other, the ration current assets-current liabilities is not too bad. All in all, interesting sessions are coming for Horiyoshi. Given the promotions at hand, however, it is uncertain whether the one today would be appealing to long-term shareholders.
