PrimeGen Energy Corp. (PGNE.PK) is an oil and gas exploration company which primarily focuses on exploring and developing high potential unconventional resource plays. For the stock promotional service, Wall Street News Alert was paid 4 million shares.
Just after that the stock price rose by almost 70%, and is now worth $0.05. In addition, the stock volume jumped up to almost 2 million. All in all, this rise of the stock out of the blue sky does not promise anything good.
