Even though Awesome Penny Stocks (APS) are still touting Xumanii, Inc. f/k/a Medora Corp (OTCMKTS:XUII) the interest towards their stock yesterday was little. Not only did XUII trade below their average volume, but they also lost some of their stock’s value.
It seems like the prolonged pump of XUII has lost its appeal to investors as the company’s stock registered a really bad session yesterday. Not only did they trade below their average of 15 million shares with a total of 12 million switching hands in the session, but they also lost 15% in price.
Even though they dropped from $0.393 to $0.334 the trade value for the day was still impressive for an OTC company. XUII‘s dollar volume from yesterday’s session couldn’t be compared to their previous days of trading, but the $4.3 million that they registered still put them in the list of the top traded stocks.
However, the fact that they are failing in such way during a peak of their pump doesn’t speak well. The company’s PR team has been making press releases aiding the promotional campaign led by APS, who promised that they would retire and never pump a company again if they couldn’t drive the price above $1. After all, we don’t see how they are going to push it that high in their contracted 4 month coverage at the cost of 10 thousand euro.
Furthermore, the press releases that XUII are making are filled with ambiguous statements that may fool someone who is reading them fast and not asking any question. The latest claim of 123,436 viewers that were watching their Exclusive Live Casting mentioned in their press release from yesterday, naming that number one of the “largest to date in regards to total viewership” may be interpreted in two ways.
It’s no wonder that XUII forgot to mention that this was the largest number to date for them, because some of the people that aren’t paying that much attention might think that the company is somewhat of a pioneer in its field and forget that the last Super Bowl live stream had over 3 million viewers. At least that’s what we think of the situation, being the doubtful hounds that we are. Another thing that we mentioned in our previous article about XUII was the lack of advertisement in their stream, which we reckon wasn’t to the liking of the people who invested in their stock and expected a cash flow from such a source.
Having in mind the incosistent movement of the company’s stock, the ambiguous claims in their press releases and the fact that they are failing price-wise while being at the peak of their pump we can say that XUII one of the riskiest on the market. If you decide to get a shot at them be sure to do a lot of due diligence and be ready to take the big risk.
Another company that failed while being touted by pumpers yesterday was Nuvilex, Inc. (OTCMKTS:NVLX), who fell 10% down and have a current price of $0.147 per share. On the other hand Sanborn Resources, Ltc (OTCBB:SANB) are still rising as they gained 19% in yesterday’s session and are currently nested at $0.60, while being pumped.