Archive for February, 2010
San West, Inc. (OTC:SNWT) climbed by 18.4% on intensive promotions last Friday to this year’s peak and settled at $0.13 per share. The volume burst out of almost 400% also had not been seen yet since the beginning of the year. The stock of San West continued the upward trend that had started around two weeks ago. Friday’s promotion was not the only investor relations event for the day. The manufacturer of off-road buggies also made a press release announcing that it has made significant revenues from online sales after the inception of the partnership with online retailer CountyImports.com. The...
Despite of intensive PR, Medical International Technology, Inc. (OTC:MDLH) remained still yesterday after the flight. On Tuesday the stock had its first peak for this year, jumping by 10.63%, but it looks like that will be all for now. The closing price remained unchanged yesterday at $0.52 and the trading volume marked an insignificant increase. The $5,000 spent for a promotion did not pay out, as the market was unwilling to raise the bids higher and only the daily high of $0.56 looks like an amazing value for the stock, given that previous levels rarely exceeded $0.25. Along with the...