So, the question is – would there be a trading frenzy on the stock market for Ceelox Inc.(OTC:CELO) today? There is a catalyst in place, good news to look at. There are, however, other interesting issues also not to go overlooked. 
The catalyst at hand – promotion. A promotion that came out yesterday, getting the readers acquainted with Ceelox. A fingerprint biometric technology and encryption software solutions company, listed on the stock market, no stranger to high volatility of the stock price, despite the low trading volumes. Last Friday is a good example – only 157 shares exchanged hands for the day. The price – it remained unchanged, the session closing at $0.45 per share. Sessions with no trading activity whatsoever are also not uncommon for this stock. In this aspect, now that a large number of people have received the promo newsletter it is interesting what kind of session is to follow.
Now, given that it was on a day that the stock market was closed that the newsletter was sent, people might have taken the time to browse through the financial statements of Ceelox. The company is already marketing and selling its products and services, yet the 10-Q for the first three months of 2011 indicates the following:
- $16k in cash; [BANNER]
- $143k in total current assets;
- $9.4 million in total current liabilities;
- $24.6 million in accumulated deficit;
- $5k in revenues;
- $673k in net loss;
The above results somehow reflect the stock performance. There are sales at hand, yet the net loss is hard to remain unnoticed. Similarly, in the past CELO might have performed very well for short-term investors as regular jumps and slumps of the stock price by more than 50% happened. Yet, a fact of the matter is also that this stock used to trade above $1 per share just three months ago. Having this in mind, it is uncertainty that could be associated with CELO. What the outcome would be is hard to predict, but one thing is certain – this Tuesday the stock performance would not be the same as last Friday.
