Yesterday, just after the closing bell promo letters was spread around by HoleinOneStocks, which stated Greenway Design Grp Inc (PINK:GDGI) was a monster pick. The stock, which has already suffered the devastating effect of its previous promotion, is apparently preparing for another roller-coaster play.
HoleinOneStocks is a new entity in the field of promotions, which doesn’t have a performance track in the Hotstocked database. Its letter, which presented GDGI as a real treasure stock, was truncated, making it impossible to determine the compensation for the campaign.[BANNER]
One month ago, GDGI went through another promotion that pushed the stock up for a short while before it plummeted below $1. A couple of days after the promotion, the traded volume of GDGI merely evaporated. Now that a new promoter has given a hand to the company’s shares, there is another possibility of a surge in the number of traded shares, which will most likely be as ephemeral as in the previous promotional wave.
The curious fact spotted by Pinkivesting about the campaign was the public float of the company, which was only 15 thousand shares, according to OTC Markets. In this regard, there are enough reasons for concern about who actually benefits from the hype created by the promotional sequence of GDGI.
