{"id":1727,"date":"2013-06-20T13:15:31","date_gmt":"2013-06-20T13:15:31","guid":{"rendered":"\/?p=1727"},"modified":"2013-06-20T13:15:49","modified_gmt":"2013-06-20T13:15:49","slug":"us-energy-initiatives-corporation-inc-otcmktsusei-active-as-stock-psycho-selection","status":"publish","type":"post","link":"\/articles\/us-energy-initiatives-corporation-inc-otcmktsusei-active-as-stock-psycho-selection\/","title":{"rendered":"US Energy Initiatives Corporation, Inc. (OTCMKTS:USEI) Active as Stock Psycho Selection"},"content":{"rendered":"

There’s a new double-zero ticker promising to remain hot in the next few days. US Energy Initiatives Corporation, Inc. (OTCMKTS:USEI<\/a>), a newly promoted pink sheet, stands at $0.006 after losing nearly 30% on Wednesday. The main reason behind the dramatic move is a promotional overload, with a series of pumpers gathering up within a day, causing a quick buy and sell for USEI<\/a>. The previous similar event is from June 11th, when the price doubled in a day, from $0.001 to $0.002, on low buying volume. \"USEI0620.png\" <\/p>\n

But the loud, well-paid campaign yesterday was a sign for a lot of investors to shed around 80 million shares, worth more than 873,000 dollars. The next few days may be even more active, as it sometimes happens with promoted double-zero tickers. So far, USEI<\/a> is nearer to its usual daily trading volumes. \"RJDG0620.png\"<\/p>\n

With such an underpriced stock, it is almost inessential to speak of the company’s underlying business, which happens to be in hybrid automobile systems. USEI<\/a> is deregistered and its latest data are from 2011. So far, USEI<\/a> has provided big swings on the stock market, with no more than 20 million shares per day traded on a free float of more than 500 million shares. This has ensured great volatility over the years, independent of the company’s underlying business.<\/p>\n

USEI<\/a> releases independent reports on well-visited business sites, showing the following financial data:<\/p>\n