Apps Genius Corp (OTC:APGS) has made a devastating blow to those who invested in the company during its widespread promotional program.
Casting a look on the stock chart, investors can see two volume bursts in mid-December and the beginning of January. The protruding volume bars actually mark the promotional coverages of APGS.
Then again, the stock chart shows a sharp decline in the share price after each promotional campaign. In summary, APGS share price has dropped down from $0.7 to $0.14 per share since the first promotion of the company in December, wiping out the investments of those who were influenced by the promo letters.
Believe it or not, the promotional campaign continues as yesterday another paid newsletter with a trade alert on APGS appeared.
This time, the campaign is led by Liquid Penny Stocks who admit that they had been compensated $5,000 for the promotion by a third party called ADSC.
The question that may concern investors now is, will the same scenario in regard of the share price of APGS stock repeat itself again?