RTG Ventures, Inc. (PINK:RTGV) had a fantastic session on Friday, and people on the message boards seem very pumped for tomorrow’s session.
RTGV nearly doubled, closing up 87.50% at $0.003 with an outrageous volume of nearly 213 million shares.
It looks like RTGV has been pumped by some groups on message boards as none of the other usual catalyst seems to be present. There are no new filings, press releases, or email promotions.[BANNER]
Whoever is behind the pump, he didn’t have the best material to work with. RTGV hasn’t yet been successful in its operations. Revenues have been mostly insignificant. In the latest reported quarter, RTGV actually managed to record a gross loss, not to mention the negative working capital and insignificant assets.
The huge volume from yesterday may be viewed by some traders as troubling, since it is several times the latest announced float, and very close to the latest OS.
It will be interesting what will happen on Tuesday after people have had time to think things over.