That is what basically happened with Title Consulting (PINK:TITL) on Jan. 21 after some promotional emails had drawn attention to it and the company came out with a press release. Now, it looks TITL is getting set up for another surge, as there are some new campaigns and another press release came out shortly before the market closed yesterday.
If TITL does go up today, it would definitely be due to the press release and the promotions. The company behind the stock seems to be failing. These are some numbers you can find in TITL’s latest quarterly report:
- Total current assets: $57,422
- Total current liabilities: $557,337
- Net loss: $44,623
These figures could make some people ask, how exactly the company intends to finance the potential merger. In addition, investors should keep in mind that after Jan. 21 TITL plunged right back down to the sub-penny stock list the very next day.
Nevertheless, the numbers above are not new, and they didn’t prevent the previous surge. Oceanic Consulting, the third party which paid $10 thousand for promotions the previous time, is now paying $15 thousand. This suggests someone believes there is something to gain in TITL.
Going back to the question of whether there can be another surge, it is obviously a possibility. Every investor should weigh the pros and cons, and decide how high, or how low, TITL can go.
