This Monday appears to be a busy day for stock promoters. So far, five paid promotions have surged on the horizon. The promotional campaigns have been dedicated to both popular and not so popular small cap companies.
China HGS Real Estate, Inc. (NASDAQ:HGSH) HGSH has already been promoted two weeks ago which means that the effect on the market may be weaker. Nevertheless, stock promoters apparently continue to cover the company and today we have Penny Stock Prophet touting HGSH. The promotion had cost $35,000 which is more than the last paid promotion on Nov 11.
On that day, we had a typical promotional scenario. HGSH opened with a gap and shortly plunged down below the previous close, which should remind market speculators how treacherous a promoted stock can be.
Lone Star Gold, Inc. (OTC:LSTG) LSTG continues to provide speculative opportunities along with its market awareness campaign. The sponsor of the promotion, Winning Media, had apparently decided to hire a new promoter on LSTG for this week.
The promotional coverage of LSTG was made by Alpha Penny Stock who had received $10,000 for the service as indicated by the disclaimer.
White Smile Global Inc (OTC:WSML) WSML is the next promoted penny stock for today. Three promoters have been involved in the campaign among which is the well-known Stock Egg. The campaign has been ordered by a third party called Stock Appeal LLC who has paid $7,000 for the campaign.
However, WSML has already been heavily promoted this month so the effect of the campaign is uncertain.
Perla Group International Inc (PINK:PERL) PERL was featured in two promotional letters yesterday. One was issued by Breaking Bulls, the other by Stock Mister. The former had been compensated $2,500 by an unknown third party, while the latter had received $5,000 from Wall Street Hustler LLC.
PERL was promoted last week, on Tuesday, without noticeable effect so the impact of the current promotion cannot be certain as well.
Viral Genetics, Inc. (PINK:VRAL) Last but not least comes the promotion of VRAL. So far, two newsletters have been detected. The first one came yesterday by The Bull Report who had been paid $15,000 for the promotional coverage.
The second one came today by The Green Baron who specified a compensation of $3,500. This is the first promotion of the company, so this will be an interesting stock to watch for today.
*Penny stocks investors should be extremely careful with promoted stocks as they become more volatile than usual. If market speculators still want to participate in the promotion they are advised to enter and exit the stock at the opening bell as quickly as possible.
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