
Historical data shows that it’s not the first phenomenal trade of DTRO. Over the last months, the stock was promoted regularly and its traded volume has changed all the time. Two days ago, DTRO was promoted by Small Cap Voice and its volume exceeded 1 million shares for the day. While yesterday, its value got over 30 times higher after being promoted by the familiar ShamrockStocks.com.[BANNER]
Along with the promotions, the company occasionally releases positive news and optimistic projections on its business, attempting to attract traders. Apparently, with a success, although the high trade doesn’t last for long.
Last year, DTRO used to trade much lower, probably due to the missing promotions and press releases. However, over the last months, the price is quite volatile. In April this year, the stock has reached $0.11 per share, though the price moved down after that.
According to its financial report, Deltron has generated some sales, however, it still has no sufficient cash and the company has a working capital deficit and big losses. Along with the fact that DTRO relies mostly on additional financing and regular promotions, the only question that remains is for how long the up move of the stock can survive.