Despite the fiasco of last week’s promotion of Cuba Beverage Co (PINK:CUBV), the company was once again the object of a promo letter from Sunday. It was only the suspiciously inflated volume that suggested the stock was under the influence of a promotion, but the price of CUBV shares declined mercilessly during the last two trading sessions.
However, it seems that this disastrous picture didn’t purport the end of the promotion. On Sunday, a new promoter named Stock Rock And Roll sent out a letter, which stated that CUBV was “another big winner“. The promoter received $5000 for compiling the eulogistic call for investing in the company.[BANNER]
The result of the promotion cannot be predicted at this stage. It seems CUBV is highly resistant to the pumping efforts of the promoters. The stock couldn’t reap any gain even when the company issued a press release on Friday stating that CUBV became a sponsor of a surf academy in Southern California.
On the whole, it seems that CUBV misled even those promoters who exploit the opportunities for quick and risky gains offered by promotions. Furthermore, there is insufficient information about the current financial health of the company, which is another hurdle for potential investors.
