True 2 Beauty Inc. (PINK:TRTB) is poised to have an interesting and trading heavy day as the stock is promoted by at least two service providers. The promotions complement TRTB today’s announcement of a $5 million private placement.The expensive short-term stock advertising is usually efficient in creating heavy buying waves that can last from half a day up to a week and even more. A third party, Trinity International, LLC, has paid $65 thousand to StockProfessors.com for the coverage of True 2 Beauty. PennyStockProphet.com got another $40 thousand from an undisclosed third party for the same effort.[BANNER]
This is not the first time the stock is featured in trading newsletters. The name has been flashing in traders’ inboxes most of the time last week, which provides the background for the increased trading activity witnessed since Tuesday. Wallstreetshotteststocks.com has been running a $12.5 thousand worth promotion, paid by the same Trinity International.
Since today’s promotions have a significantly larger budget, the price action is likely to go over the top as well. Moreover, the company has announced a $5 million private placement, the proceeds to be used to boost the production capacity at their Los Angeles facility.
Last week, the company also changed their CEO and Mr. Alex Hbaiu is now running the show.
