{"id":2244,"date":"2013-08-07T15:11:55","date_gmt":"2013-08-07T15:11:55","guid":{"rendered":"\/?p=2244"},"modified":"2013-08-07T15:12:03","modified_gmt":"2013-08-07T15:12:03","slug":"alliance-creative-group-inc-otcmktsacgx-jumps-on-pump","status":"publish","type":"post","link":"\/articles\/alliance-creative-group-inc-otcmktsacgx-jumps-on-pump\/","title":{"rendered":"Alliance Creative Group, Inc. (OTCMKTS:ACGX) Jumps On Pump"},"content":{"rendered":"

\"ACGX_chart.png\"We have been wondering what the deal with Alliance Creative Group, Inc. (OTCMKTS:ACGX<\/a>) is for a while. They are a rather strange company, that is not reporting to the SEC, but rather under the alternative reporting standard in the OTC Markets and we can’t seem to figure out why. <\/p>\n

Their reports show a company that is supposedly operating at a profit and if they were filing these reports with the SEC they might be looking at being traded in higher tiers and even making a transition to the NASDAQ.<\/p>\n

Even thought the reports paint a bright picture we can’t say the same for the charts of the company. The stock of ACGX<\/a> has a very inconsistent movement and either makes big percentile movements in both directions, or doesn’t move at all. We can say the same about their volume, which in the last month generated trade values from $1 to $817 thousand per day. Pretty uncertain, don’t you think?<\/p>\n

After remaining idle in Friday’s session ACGX<\/a>‘s stock started this week with a blast after they were pumped by StockMister and Premier Equity Reports. They jumped a whopping 263% in price yesterday on a volume well above their average of 5.5 million shares. The total amount of shares that switched hands in the transition from $0.0019 to $0.0069 came at a mind-blowing 110 million, generating a trade value of $817 thousand, which nears their market cap of $837 thousand.<\/p>\n

\"888LOGO.png\"You would wonder what you will get for that amount of money and that is the most concerning part about ACGX<\/a>. With a market cap of $837 thousand and the numbers of prime interest from their latest report filed accordingly to the alternative reporting standard it all starts to smell fishy. Take a look for yourself and draw your own conclusions.<\/p>\n

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