{"id":3181,"date":"2013-11-14T16:11:56","date_gmt":"2013-11-14T16:11:56","guid":{"rendered":"\/?p=3181"},"modified":"2013-11-14T16:12:01","modified_gmt":"2013-11-14T16:12:01","slug":"thedirectory-com-inc-otcmktsseek-slips-another-step-down","status":"publish","type":"post","link":"\/articles\/thedirectory-com-inc-otcmktsseek-slips-another-step-down\/","title":{"rendered":"TheDirectory.com, Inc. (OTCMKTS:SEEK) Slips Another Step Down"},"content":{"rendered":"<p> <img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/173SEEK_chart.png\" border=\"0\" alt=\"173SEEK_chart.png\" title=\"173SEEK_chart.png\" width=\"400\" height=\"178\" \/>Despite TheDirectory.com, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SEEK\">SEEK<\/a>)&#8217;s PR effort to promote the company stock, the ticker is losing value. The seemingly optimistic press releases just aren&#8217;t enough to push the price back up and it all might quiet down pretty soon if there is no actual development to be announced. <\/p>\n<p>The company filed its most recent financial report covering the period ended August 31, 2013 this Monday and we can&#8217;t say that the numbers containted in it are impressive. If it wasn&#8217;t for the press release announcing that <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SEEK\">SEEK<\/a> has supposedly registered $250 thousand in sales for October we reckon that the drop would have been even more significant.<\/p>\n<p>Let&#8217;s take a look at the numbers of prime interest from the above mentioned report.<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>cash: $10 thousand<\/li>\n<li>total current assets: $402 thousand<\/li>\n<li>current liabilities: $1.4 million<\/li>\n<li>quarterly revenues: $80 thousand<\/li>\n<li>net loss: $11 thousand<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/439LOGO.png\" border=\"0\" alt=\"439LOGO.png\" title=\"439LOGO.png\" width=\"150\" height=\"36\" \/>If you have been following <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SEEK\">SEEK<\/a> closely you would know that the company finished the same period of last year at a profit, despite the fact that there were more expenditures. This doesn&#8217;t speak good at all and considering the small amount of cash they have on hand and the huge liabilities we can say that the situation is looking grim.<\/p>\n<p>This is exactly why the stock&#8217;s value is still going down, despite all the PR effort. <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SEEK\">SEEK<\/a> dropped a hefty 21% in value yesterday, while more than 110 million shares switched hands generating a dollar volume of $468 thousand.<\/p>\n<p>Today&#8217;s session also didn&#8217;t start rosy as <a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SEEK\">SEEK<\/a> gapped down and opened at $0.0033 per share. By now the stock has dropped 25% from yesterday&#8217;s close, currently being traded at $0.0030 with a massive 68 million traded shares.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right; margin: 3px; border: 1px solid black;\" src=\"http:\/\/www.hotstocked.com\/articles-img\/small\/IFNY_chart.png\" border=\"0\" alt=\"IFNY_chart.png\" title=\"IFNY_chart.png\" width=\"350\" height=\"156\" \/>The ticker is one of the most volatile at the moment and having all this in mind we would advise you to do a lot of due diligence and weigh out the risks if you have any thoughts of investing in this particular stock.<\/p>\n<p>Infinity, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=IFNY\">IFNY<\/a>) had a disastrous session yesterday as the company stock lost a whopping 53% of its value on quite a lot of traded shares. Great American Energy, Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=SLCO\">SLCO<\/a>) on the other hand are still climbing the charts and gained 38% yesterday on a massive volume.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite TheDirectory.com, Inc. (OTCMKTS:SEEK)&#8217;s PR effort to promote the company stock, the ticker is losing value. The seemingly optimistic press releases just aren&#8217;t enough to push the price back up and it all might&#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":[243,856,1124],"class_list":["post-3181","post","type-post","status-publish","format-standard","hentry","category-news","tag-ifny","tag-seek","tag-slco"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3181","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=3181"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/3181\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=3181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=3181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=3181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}