Trading activity with the stock of The Walking Company Holdings, Inc. (PINK:WALK) seems almost dead these days. Only two trades with volumes lower than 2 thousand shares were registered this month.
This situation is not surprising given that the OTC Markets have issued a special warning on the page of the company.
Apart from the red stop sign designated to WALK and signifying the no information status of the company, OTC Markets also warns that the company may not be making material information publicly available.
Furthermore, OTC Markets specify that it has been unable to contact or confirm the location of WALK.
True to the speculative nature of the company’s stock, statistics show that yesterday WALK shares have increased 16% in value even though only 2,350 shares were exchanged. 498 of these shares took part in short transactions.
On this background, WALK stock seems actually to have a highly risky nature which is only bearable only for the seasoned penny stock strategists.
