One week ago, Hotstocked alerted about the forthcoming promotion of Global Entertainment Holdings, Inc. (OTC:GBHL) by Nebula Stocks. On that day, the stock opened at $0.12, but closed lower at $0.9. However, compared with the previous close, BHL jumped 800%.
Unfortunately, the people who were affected by the promotion from Nebula didn’t have much chance for a gain because of the too high gap at the open. The next day was also disappointing as the stock fell to a daily low of $0.03 and subsequently closed again at $.12.
The generated volume was also very negligible – only 12 thousand shares were traded at the day of the promotion and two days after it GBHL stopped trading at all on the market.
Despite this fiasco, Nebula Stocks’ devotion to the company is still holding on. The promoter issued another promotion letter yesterday, in which it claimed that “this company one day would become a great potential investment opportunity”.
This time, Nebula Stock revealed the compensation of the campaign. A total of $10 thousand were spent on the promotion directly by the company. So, it is not certain if the promoter provided an objective opinion about GBHL”s future, or was inspired by the received money.
Nevertheless, after GBHL failed to attract significant market attention with its last promotion, its is highly questionable if it will succeed this time.
