Cono Italiano, Inc. (OTC:CNOZ) received a costly third-party present yesterday: a $100,000 e-mail investor alert. The company, whose stock usually trades moderately, broke over 1.4 million shares traded and packed a 15% gain.
But as we found out in our latest video, although pizza cones are probably one of the coolest inventions in the world, the aftermath of this promotion might not be as delicious for long term investors:[BANNER]
The company really needs to put up some effort besides building a website. The meager revenues for the second quarter are already a sign that the chain restaurants and the sales are still just plans. Makes one wonder why the expensive promotions.
