DHS Holding, Co. (PINK:DHSM) is a Pink Sheets limited information company which has issued a number of press releases in the past months. Today its performance may be boosted by a few paid pumps.
DHSM stock is generally illiquid. Last Thursday a large number of shares were traded after the company had announced signing a purchase agreement to acquire 40 acres of land in northern Belize.
It closed up 142%, but that was only a painted close; someone bought 200 shares at $1.02 just before 4:00pm.[BANNER]
Yesterday, however, DHSM pulled back down 49.02% and closed at $0.52 on approximately 10 thousand shares.
About $29 thousand was spent in aggregate for today’s promotions. Two of the pumps were paid for by Actual Investments, LLC, and the third – by Stock Appeal, LLC.
As mentioned above, DHSM has issued some press releases in the past few months, and while they concern the operations of DHSM, they fail to mention a lot of important details.
On December 8, 2011 the company announced the acquisition of SalesKing.com, but didn’t give any information about how DHSM paid for the acquisition. The company hasn’t provided data on its current financial situation.
At best DHSM is a risky investment, and traders should be very careful how they play this one, should they chose to do so.
