{"id":1629,"date":"2013-06-10T14:11:24","date_gmt":"2013-06-10T14:11:24","guid":{"rendered":"\/?p=1629"},"modified":"2013-06-10T14:11:28","modified_gmt":"2013-06-10T14:11:28","slug":"multicorp-inc-otcmktsmuli-starts-week-at-the-top-of-a-rise","status":"publish","type":"post","link":"\/articles\/multicorp-inc-otcmktsmuli-starts-week-at-the-top-of-a-rise\/","title":{"rendered":"MultiCorp, Inc. (OTCMKTS:MULI) Starts Week at the Top of a Rise"},"content":{"rendered":"<p> MultiCorp, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MULI\">MULI<\/a>) is another relentless climber in the sector of small cap companies dealing in oil and gas. The ticker reached $1.24 after inching up 2.4% on Friday, hanging in the balance in the wake of a new opening. The company was promoted for the last time on June 6th, survive the pre-weekend fall well and held the trend. Still, a previous steep climb easily seen on the graph ended with a deep correction within one trading session. <img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/MUILI0610.png\" border=\"0\" alt=\"MUILI0610.png\" title=\"MUILI0610.png\" width=\"400\" height=\"178\" \/> <\/p>\n<p>On the press release stage, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MULI\">MULI<\/a> is also quiet for a few days, relying on its last message that it engaged New Mexico authorities about upcoming oil drilling. The financial situation remains worrying:<img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/CWNM0610.png\" border=\"0\" alt=\"CWNM0610.png\" title=\"CWNM0610.png\" width=\"350\" height=\"156\" \/><\/p>\n<ul>\n<li>Cash: $0 <\/li>\n<\/ul>\n<ul>\n<li>Intangible assets: $123 thousand <\/li>\n<\/ul>\n<ul>\n<li>Current liabilities: $476 thousand <\/li>\n<\/ul>\n<ul>\n<li>Revenue since inception: $0 <\/li>\n<\/ul>\n<ul>\n<li>Net loss: $276 thousand <\/li>\n<\/ul>\n<p>The pumpers, David Cohen and Stock Digest Report, rely on the ability of <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MULI\">MULI<\/a> to rebounce, being attractive enough and with healthy volumes. The ticker is also helped by the general trend among penny stocks- a rise in oil and gas tickers, in response to the fracking an oil sands boom.<\/p>\n<p>With an ongoing promotion, <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MULI\">MULI<\/a> may be mentioned again in the next few days, extending the active period another week. So far, the best-compensated pumper, SIRI.BIZ is mostly silent, although a campaign for $1.2 million should have been a bit longer. The pumper mostly creates short-term hype around the ticker, mentioning the possibility for a steep rise at any moment.<\/p>\n<p>StockDigest Report holds lesser promotions, only mentioning <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MULI\">MULI<\/a> for free to improve its record. Its other longer-term selection, Crown Marketing, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CWNM\">CWNM<\/a>) has been moving up and down with more surprising changes in direction, a not unusual feat when it comes to a stock worth below 5 cents.<\/p>\n<p>While <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=MULI\">MULI<\/a> sounds grandiose on its drilling program promises, the earnings are still a thing of the future. So far, the recent promotion gives enough support, but it is best to do your own research and decide if the correction risk is worth it.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MultiCorp, Inc. (OTCMKTS:MULI) is another relentless climber in the sector of small cap companies dealing in oil and gas. The ticker reached $1.24 after inching up 2.4% on Friday, hanging in the balance in&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[18,662],"class_list":["post-1629","post","type-post","status-publish","format-standard","hentry","category-news","tag-cwnm","tag-muli"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=1629"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/1629\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=1629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=1629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=1629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}