A quiet period but a powerful performance on the stock market – this is Ace Marketing & Promotions Inc.(OTC:AMKT). Yesterday, there was a 15% increase in the share price for a total of 100% during the last 30 days. But what was the catalyst behind all that? 
It was back in November 2010 that trading volumes reached similar heights. After that, nothing significant in terms of trading activity with the exception of one day this June, and yesterday. As mentioned, no news, no promotions, no announcements, no press releases. Just a stock performing nicely, supported by intense trading activity.
In fact, the last real catalyst to come into place was the quarterly statement that came out in the middle of August. Covering the second quarter of the year, it includes the following, among other figures:
- $725k in cash;
- $1.6 million in total current assets;
- $490k in total current liabilities;
- $7.9 million in accumulated deficit;
- $986k in revenues;
- $464k in net loss; [BANNER]
Not the best balance sheet out there, not the worst by far. What is actually interesting is that there was virtually no response on the stock market after the release of the SEC filing. 0 shares exchanging hands on the same day, 0 shares exchanging hands on the next one. Which makes the case of AMKT even more peculiar. In terms, uncertainty is in place, making it hard for an informed investment decision to be made. A situation, that is both appealing and appalling, depending on the type of investor looking at it.
