Viking Minerals Inc. (OTC:VKML) went out of the slumberous trade roughly two months ago. At the beginning of this event, VKLM shares were priced at $0.3, but at present this value has been nearly halved.
Yesterday, VKML opened the session at $0.22, but since then fell straight down by 18%. The trading activity represented by the 30 thousand traded shares was equal to the daily average. In general, the dollar volume generated in the sessions of VKML, even in the most active days, didn’t exceed $20 thousand, which is highly insufficient for the normal liquidity of the stock.
Despite the weakness demonstrates by VKML stock, it appears that some entities in the promoting sphere still find some attraction in VKML. It became apparent yesterday that a paid promotional campaign for the company was about to start. [BANNER]
The newsletter which came in the Hotstocked database showed that a company called Microcap Consultants had provided $30 thousand for a two-day campaign. The marketing awareness campaign was assigned to a promoter called The Stock Psycho.
Since the campaign was started after the end of the last session, investors can expect that its effect will unfold in the coming session. Probably, the market will see higher volume today, but no one can predict what will happen with the share price.
