These days, Tivus Inc (INK:TIVU) stock has been in constant fly up, thanks to the company’s encouraging releases and stock alerts.
Looks like the TIVU’s willingness to become a SEC reporting company, which they expressed last Wednesday, was not so encouraging information for the investors, since the same day, shares pulled back 2.50%.
The next day, TIVU the roll down continued, targeting 17.95% price decline.
This week, a few company’s press releases about future contracts and incomes changed the shares’ price direction. Though, these weren’t the only factor that resulted TIVU stock explosion.
Since this Tuesday, along with the statement of the company’s president and chief executive officer about “the hotel industry’s support of Tivus’ net-positive-revenue-to-the-hotel business model,” more picturesque statements were reported.
In one of them, the reference to TIVUS was: “This could be one of the biggest home runs of the fourth quarter.”
In addition to company’s PR releases and stock alerts, the speculative short net-positive-revenue-to-the-investor business model was applied. As a result, on Wednesday, TIVU shares soared 20.51%, while yesterday, they exploded 114.89%.[BANNER]
So, on press releases, stock alerts and short interest, for the last three trading sessions, TIVU granted investors the possibility to bang a 159% gain.
Here appears the question, whether the company should be in a process of being a fully SEC reporting company, since not being such, its shares succeeded to reach a volume of 2.4 million changed hands.
The average volume traded for TIVU is 407 K shares.
