The X-Change Corporation (PINK:XCHC) is another company targeted by promoters today. In fact, the promotion started shortly after the end of the session yesterday but its effect is expected to unfold today.
The campaign is led by The Stock Wizards who has already promoted more than 30 stocks this year. Exactly $5,000 were invested in the campaign by an unrelated third party whose name was not revealed.
To support the campaign, the company has issued a press release which popped up today on the OTC Markets and was published through the Business Wire system.
The announcement contained an overview of XCHC current projects and new management team. The promotional and the press release will join forces in the campaign for the company.[BANNER]
They will have a difficult task, however, since it is obvious that there is a very low trading interest towards the stock. The 90-day average listed by Google Finance is only 3 thousand shares. At the same time the chart show that XCHC has been traded very randomly with a highly volatile price performances.
This factors may become a counterweight to the pumping efforts of the promoter.
