Don`t worry, promoters won`t let the stock price for Li-ion Motors Corp.(OTC:LMCO) go down further. At least, not just yet. More than $130k were spent on promotions yesterday, which means traders are again encouraged to focus on this company. And they will, but don`t expect the results of last week. 
It is a common fact that when a promotional campaign begins, while the first promotions bring the hype to the stock market and push the price up in a short amount of time, after the initial frenzy is over the only thing that promotions can do is try to sustain the price levels, or at least slow down the pace of decrease. Li-ion is a very good case and point.
Only in February, more than $500k have been spent by third parties to push this stock up. Yet, while there was a noticeable increase last week, when the price surpassed the psychological limit of $1, things seem to settle down now. Despite the promotions during the weekend and in the beginning of this week, the stock price has already lost 10% of its value from last week, and it is questionable that even the last promotions worth $130 thousand would do anything but just keep Li-ion from experiencing a free fall like last year. [BANNER]
Talking about last year, it was relatively the same time when another pump took place. The scenario was similar, and the stock price even reached $2 in the beginning of March. Then, without the necessary support, the steady decrease began, which would continue for the next eight months. Whether $2 is possible again – yes, it is. But not the way third parties try to do it now.
What matters is clients and financial statements. These should be the two solid columns, which support Li-ion in its positioning on the market and gaining investors` confidence. Unfortunately, both are presently described at best as controversial. Otherwise, promoters would have mentioned them, right!
