{"id":1710,"date":"2013-06-19T10:15:10","date_gmt":"2013-06-19T10:15:10","guid":{"rendered":"\/?p=1710"},"modified":"2013-06-19T10:15:44","modified_gmt":"2013-06-19T10:15:44","slug":"lot-78-inc-otcmktsloted-wont-stop-the-freefall","status":"publish","type":"post","link":"\/articles\/lot-78-inc-otcmktsloted-wont-stop-the-freefall\/","title":{"rendered":"Lot 78, Inc. (OTCMKTS:LOTED) Won’t Stop the Freefall"},"content":{"rendered":"

Just as the climb for Lot 78, Inc. (OTCMKTS:LOTE<\/a>D”>LOTE<\/a>D<\/a>) was relatively calm, so is the fallout, so far a slow deflation rather than a giant one-day crash. The ticker slid down to $1.14, losing a bit more than 12%. The previous temporary low was at $1.30, after which LOTE<\/a>D”>LOTE<\/a>D<\/a> even added a few percents before resuming the downward trend. \"LOTED0619.png\" <\/p>\n

What is happening now to LOTE<\/a>D”>LOTE<\/a>D<\/a> is entirely predictable- absent any new promotions, the stock is left to take its own direction with the last risk-takers trying to benefit. While in active promotion, LOTE<\/a> shot up from a dollar to above $23, followed by a split where the highest peak reached about $6. About a month ago, the predicted fall for this heavily promoted stock was at least 75%, a level easily reached. \"WSPG0619.png\"<\/p>\n

While the Lot 78 brand may be doing its own thing in London, the vehicle OTC company moved independently. The financial data show the contribution was rather small:<\/p>\n