Unity Management Group Inc. (PINK:UYMG) has kept silent for more than a month now. No wonder that some third parties have grown impatient enough to launch a paid advertising campaign in support of the company’s stock.
Currently evaluated at $2,000, the investor awareness program has been targeted at the upcoming trading session due to take place later today.
Since paid promotional activities are usually preceded by press releases, the lack of any recent news about UYMG raises the question about the motive behind the initiative. As it seems, the market players who have arranged the newsletter campaign are merely trying to capitalize on what UYMG stock did during the last session.
Yesterday, UYMG shares soared 30% on a mediocre volume of 152 thousand, well below the average turnover of 512 thousand. In brief, what has happened is that a relatively small volume has exerted unusually high pressure on the price of UYMG stock, which is why the situation looks as if a couple of market players have joined forces to induce an artificial price pumping for UYMG.
What the new promotion will produce largely depends on market makers and on whether they will manage to keep the momentum or not. Anyway, UYMG supporters will definitely keep a watchful eye on UYMG stock during the next session which is about to start within a few hours.
