Sunvalley Solar, Inc. (OTC:SSOL) Lifted Up by Massive Volume
30 Dec 2010

Sunvalley Solar, Inc. (OTC:SSOL) stock got liquid again yesterday on the background of stock promotions and a new press release from the company.

Maybe some traders are currently hoping that the next wave of promotional newsletters will be able to push SSOL share price from the bottom at which it landed earlier this month. A week ago, the published by the company update on its Green Farm Solar Investment Plan could not help the share price leave the bottom area, but as seen in the middle of September some stock promoting could do the job.

Yesterday, five different websites sent alerts on SSOL stock, which immediately produced the effect of much larger than the usual demand at market open and a share price surging up to $0.0082 on the buying pressure. That action was worth $15,000, paid for a one time alert. So, either today more cash will have to be paid if SSOL is to keep surging, or traders will get disappointed as the jump yesterday was not huge enough to improve that much the technical indicators of the stock.

SSOL closed 20.34% and closed at $0.0071 for a share, still not so far above the $0.0051 yearly bottom, but far below the previous promotional high at 10 cents.

The promotion yesterday was run on the background of the latest press release by the company, made the afternoon before. It announced a partnership with a Chinese solar thin film supplier to promote solar power systems in the Los Angeles area. SSOL latest financial results showed last month that the company is actually in a desperate need of a true sales agreement, and maybe a strong partner with secured financial resources if it is to change the disappointing performance of its stock.

By now, Sunvalley holds a record of declining sales, one failed recent financing agreement and recurring operational losses.

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