It looks like the numerous promotions for AAA Public Adjusting Group Inc. (OTC:AAAA) had a very short-term effect on the market. Yet, the stock keeps being promoted and today another fresh press release could add some demand for the share. 7AAAA.png

AAAA closed yesterday without a change in the price from the previous day at $0.33 for a share. The trading volume was 98,700, and despite the unchanged closing price the stock saw some action during the session. The share price fell namely to the $0.30 support level, while the total trading volume was substantially higher than the average.

For today’s session, the chart does not look positive at all, yet this month our database collected some new promotional e-mails for AAAA, which combined with the company’s countless press release could still affect the trading today, at least to make the stock again more volatile.

Longer-term, however, AAAA future does not seem bright either: current market value of over $34 million looks somewhat high for a company with a huge working capital deficit and recurring losses, even though the management states in the latest 10-Q that it is confident it will be able to bring the business forward.AAAA_Public_Adjusting_Group.jpg

Unfortunately, so far investors can rely solely on the company’s press releases about its expansion goals and on the CEO’s optimistic statements, and of course, on the stock promoters. According to our database, the last promotion for AAAA stock took place in the middle of last week, whereby the compensation consisted of $80,000 in cash, paid by a third party. In addition, one more newsletter was sent on Tuesday this week, for a which another third party paid $1,000.