over 77% on the market and its price climbed up to $0.0071 per share. Its traded volume also moved up immediately to reach the phenomenal 112 million shares, which is a shocking value for the pink sheets company.[BANNER]The previous price jumps of STHG appeared to be a result of promotions, but what’s the reason for the present move? It looks like again a recent promotion along with a positive press release by the company caught the traders’ attention. However, the announcement appears to partially repeat the previous news released by STHG.
Though the company’s supported website MarketFriends hasn’t gained much success so far, STHG once again mentions it among its three subsidiaries, which to “establish as profitable ventures”.
Stratton has suffered negative financial results, however it continues to make optimistic projections on its revenues. According to STHG, the new results are up to be seen in the next months, so we cannot make any further predictions.
Historical data shows that the company has traded much lower during 2009, while in May this year an uptrend has occurred. However, the stock price moved down again.
STHG claims that it is currently working on some investors communication projects, though the company has no promotional team and it has freezed a number of authorized shares for a minimum of one year.
Based on all these facts and keeping in mind that the recent price jump cannot be considered as an uptrend yet, the company’s expectations for the future are too early to be proved.
