The stock of Ronn Motor Company seems to be stuck in the tunnel between $0.25 and $0.30. It does not look like that any news is going to drive the stock from here. At least, nothing is helping the company.
Ronn Motor Company (RNNM.PK) designs and develops automobiles with eco responsible alternative power systems. The company has recently announced that it signed sales and marketing contract with World Wide Green Lubricants. However, the share price didn’t react.
For this reason, RNNM made a deal with HotShotStocks.com, which from a third party was paid $4,000. Can this promotion affect the stock?
