{"id":2561,"date":"2013-09-18T13:11:21","date_gmt":"2013-09-18T13:11:21","guid":{"rendered":"\/?p=2561"},"modified":"2013-09-18T13:16:45","modified_gmt":"2013-09-18T13:16:45","slug":"solar-thin-films-inc-otcmktssltz-climbs-mildly-after-promotion","status":"publish","type":"post","link":"\/articles\/solar-thin-films-inc-otcmktssltz-climbs-mildly-after-promotion\/","title":{"rendered":"Solar Thin Films, Inc. (OTCMKTS:SLTZ) Climbs Mildly After Promotion"},"content":{"rendered":"

\"SLTZchart1.png\"The second attempt to pump the stock of Solar Thin Films, Inc. (OTCMKTS:SLTZ<\/a>) might already be over. Interest in the stock grew significantly as a consequence of the more than 25 alert emails distributed for the past two days and traded volume rose to about 5 times the average reaching 312 thousand shares. The impact on the stock price though proved to short-lived. <\/p>\n

Traders who had a previous position in SLTZ<\/a> had an opportunity to rake in considerable gains when right after the open the stock surged upwards by 40%, passed through the $1 mark and briefly touched on $1.2. But all those who decided to buy in after reading all the touts had a much tougher time when the ticker retraced almost immediately and at closing time was sitting at $0.89, just 8% higher than the previous close.<\/p>\n

\"BLFRchart.png\"The newsletters who received the biggest compensation for their services were the affiliates of Advanced Marketing Services. They disclosed that to date they have been paid $97 500. One of them – Exclusive Stock Pick, took part in the pump for Blue Fire Equipment Corp (OTCMKTS:BLFR<\/a>). The company started crashing on the very next day and hasn’t stopped ever since.<\/p>\n

SLTZ<\/a> financial situation is abysmal with zero revenues, net loss amounting to $263 thousand for the last quarter and working capital deficit of $6.8 million. More importantly shareholders of the company have endured through some serious dilution. In April a 1-for-500 reverse split was done which brought the outstanding shares to just 186 thousand but just 3 months later that number became 47 million shares. And apparently they have taken down their official site.<\/p>\n

The latest addition to the companies backed by a $3 million pump – Indo Global Exchange(s) PteLtd (OTCMKTS:IGEX<\/a>) continued its prolonged climb by adding another 2.6% to its value and arriving at $0.79. PacWest Equities, Inc. (OTCMKTS:PWEI<\/a>) who are the newest Awesome Penny Stocks pump also enjoyed a positive session jumping up by 10% albeit on a considerably lesser volume.<\/p>\n","protected":false},"excerpt":{"rendered":"

The second attempt to pump the stock of Solar Thin Films, Inc. (OTCMKTS:SLTZ) might already be over. Interest in the stock grew significantly as a consequence of the more than 25 alert emails distributed...<\/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":[925,1000,268,909],"class_list":["post-2561","post","type-post","status-publish","format-standard","hentry","category-news","tag-blfr","tag-igex","tag-pwei","tag-sltz"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2561","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=2561"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/2561\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=2561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=2561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=2561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}