China Shandong Industry Inc (OTC:CSNH) has been traded more regularly in the past ten days. However, there is no officially announced reason which can account for the increased trading activity.
The OTC Markets website doesn't show any news on the company's section and the last SEC filed report dates back to September.
However, Hotstocked has has detected some promotional activity around the company. On Saturday, CSNH was featured in a newsletter from a promoter called OTC Journal.
The promoter doesn't specify whether he had received compensation for the service but he doesn't deny it either. He also says that he may also purchase or sell securities of the company in the open market from time to time.
CSNH has finished the last session on a higher than the daily average volume without a change in the share price which remained at $0.69. The started promotion may cause some changes in both volume and share price if the promoter is influential enough. However, it is impossible to predict whether the change will be positive or negative.
Some of the smallcap chinese food stocks trading on nasdaq look great at current levels.
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