Everybody knows the fable about the boy who cried wolf. When you look at the stock market, you might get the feeling a lot of people don’t seem to understand the idea. One recent example is Videolocity International, Inc. (PINK:VCTY).

5VCTY_chart.pngAfter flooding traders with press releases and announcements of how well the company is doing, it looks like a few people trust the information about VCTY these days. The stock crashed last Friday, lost 23.08% on 76 million traded shares and closed at $0.001 per share.

As mentioned in a previous article, the company is associated with Marc Pintar. What may not have been clear, is that VCTY is a Mina Mar Group company. I hardly need to go into details what that means for investors.[BANNER]

It is evident that traders will not be satisfied by more promises and PRs, until they are presented with some numbers to make the information more meaningful. Meanwhile, the company gets more paid promotions, which could give some reason for interest in VCTY, but again it could just not be enough.

3VCTY_logo.jpgOf course, if it turns out that the company has actually closed the sale of Avatar Singh, it would undoubtedly have a positive effect on the price. Additionally, if VCTY manages to persuade investors Tactician University is profitable, it would make the company a much more lucrative investment.

For now, however, the market suggests people don’t see VCTY as having much value, and it will be interesting to see what will happen tomorrow when the market opens again.