8CRWE_logo.jpgEven if this might sound ridiculous for most companies, it is true for Crown Equity Holdings Inc. (OTC:CRWE). Not only is it true, but companies also pay Crown Equity for the service. For those of you who are still confused, today`s story is about a stock promoter, listed on the stock market.
The market has been kind towards this company recently. In the last ten days, the share price has accumulated roughly 75% in value, closing at $0.22 on Friday. Interestingly though, there are no exploding volumes of traded shares, what is more, there are session this year in which not a single share was traded. It is, however, unlikely that tomorrow’s session would be one of no trading activity. Tomorrow, the market might appreciate on the latest news. CRWE-21.02.11.png
The news is that Crown Equity would be distributing news on a larger scale, covering countries in Asia, Europe and Africa as well. This, in terms, should be a signal that additional revenues might be accounted for soon. It is important to mention that the revenues of the company also depend on the performance of the enterprises that pay Crown Equity to promote them. This is so because it is a common practice for shares to be paid for press releases, instead of cash.
Another interesting fact about this company is that it has a long history of operations across different industries – from oil  exploration to waste systems and web design. It has, though, managed to find a niche opportunity in pumping stocks these days. This is also supported by the latest 10-Q statement. [BANNER]
In general, a movement of the price, much like last December, can be expected on the market. But keep in mind – volatility is a common feature of Crown Equity stock, so pick your spots carefully. You might end up with a 150% return on your investment at the end of the day, like some investors last October. You might also end up with your stock decreasing in price twice as fast over the same amount of time.
So pick your spots carefully, but also pay attention to the promoted companies. They are one of the key elements for the next financial statement of the company, and maybe your next financial statement as well.