For the short time that Gold Dynamics Corp. (OTC:GLDN) has been active on the market, it has been heavily promoted. Nevertheless, it seems the promotional effect was to no avail as the company’s stock value has went nowhere but down.
After peaking at $0.23 in June, GLDN stock dropped sharply down and now its value is way below ten cents, which has wiped out the investments of those who entered long positions at the peak.
Last night, a yet another promotion on the company was detected. It was led by The Stock Psycho, who wrote an extensive eulogy on the company. The compensation for the campaign was $30 thousand and it was provided by Galaxy LLC who has apparently ordered the campaign. [BANNER]
The last time GLDN was promoted was in mid-July and as it is seen on the chart, a devastating blow to GLDN share value followed after the promotion.
In fact, the more promotional coverage the company receives, the worse it gets as investors who have opened positions in GLDN on previous promotions are now looking for any suitable moment to dump their stock.
That being said, market participants should be extra careful when making an investment decision on the basis of newsletter advertisements.
