These days, Nx Global Incorporated (OTC:NEGS) stock may become if not a forever green, then at least a long-term green pick of stock promoters and investors. The price chart here also proves that NEGS has the capacity to be promotional evergreen.
Since the beginning of the year, the shares of Nx Global Incorporated are constantly promoted. Starting from the sixth of January up to now, a few stock promotional campaigns are bringing efforts together and have succeeded to secure incredibly good performance for the stock.
If we have to be fair, the best achievement of the company’s explosive performance was made last November, when in a day the price of NEGS exploded 263.33% up.
As of yesterday, though the corking stock promotional budget of $32,000 paid for the distribution of emails and other marketing services only this month, the best achievement of the shares was the 108.33% price soar during in the first days of the stock promotion.
Since yesterday, “wild” stock alerts are shocking investors with Nx Global Incorporated plans to make an IPO of for subsidiary NUBE Inc., as well as its new partnerships and joint ventures. Further fancy e-mails suggest that NX Global Inc. “has received a $100 million funding commitment from a private U.S.-based organization.” Unfortunately, all these vast developments have not been stated in NEGS’s SEC filings in any form so far.
Further more, with the lastly reported $64 petty cash position and total liabilities of more than $1.4 million at the end of last July, the company’s abilities to implement projects of such a scale are more than doubtful. Regrettably, there is no more recent official financial data related to NEGS, which may shuffle investors’ own due diligence in to a nightmare. Maybe, in circumstances like that when no official information is available, some investors may apply some successful but highly risky investment strategy including bidding on stocks that may remain evergreen on promotions.
Yesterday, the shares of NEGS closed the market going already green with the modest 4.17% price soar. Only the traded average for the company volume of 10.7 million shares was eloquent that there is a need for some new explosive information to start a new upward direction for the share price.
The new information in today’s stock alerts is definitely different from the already known plans of the company about “The Cloud, Virtualization and Beyond”.
