3HSCO_price_chart.jpgAfter Hi Score Corp. (PINK:HSCO) stock flew up by exactly 300% yesterday, it is not difficult to say that it has entered the money spinners’ top list of high scored gainers.

The HSCO stock explosion happened on a record volume of more than 14 million shares traded.

There are no disclosures about ongoing HSCO stock promotions, although the volume and the soaring price reminded about some previous promoting activity for the stock.

Since the beginning of the year, HSCO has already  had a few promotional campaigns. The last one was at the end of June.

The speculative gain of HSCO started on Wednesday. During the trading session, shorters prevailed even stronger than yesterday.

Two days ago, as if working out for the entry into the top list of high scored gainers, HSCO jumped 189.47% up.[BANNER]

In addition to the highly speculative traders’ mood, it seems that some investors decided to bear the risk of investing in HSCO stock despite the not so optimistic financials of the company, announced a few days ago.

As of June 30 2010, HSCO current liabilities exceeded the current assets by more than half a million dollars. For the second quarter of the year, HSCO reported an increase of 118% in its generated net losses as compared to the losses for the same period in 2009.

HSCO_from_the_site.pngThe management of HSCO also expressed the opinion that the company does not have sufficient capital to meet its current cash needs. At the same time, last week HSCO announced plans for a new factory.