Violeta Slavtchevska

FrogAds, Inc. (OTC:FROG) Falls to a Six-Month Low, Yet Another Promotion on the Way

by Violeta Slavtchevska March 6, 2012

Watch the video to learn about the probability of FROGADS, INC. (FROG) Chart Signal as of Oct 02, 2014

This free program will calculate the probabilities of FROGADS, INC. (FROG) stock chart

Rating: Platform: Win/Mac
Price: FREE Version: 1.1
Size: 656KB Downloads: 800,000+
FREE DOWNLOAD
Yesterday, FrogAds, Inc. (OTC:FROG, FROG message board) downtrend led the stock price to a new six-month low on heavy trading volume. That has been probably a late result of the numerous promotions that the stock has been subject to over the last months, but yet there is another brand new promotional e-mail for today's market session. 6FROG.png

FROG fell down to $0.1651 during the last trading session and then closed the market with a 4.76% decrease in the share price at $0.20. Trading volume exceeded 1.3 million traded shares, which is higher than the daily average for the past three months.

As mentioned, a brand new one-day promotional campaign will probably impact the trading of FROG shares today. Last night, the new e-mail came into our newsletters database. It has been ordered by a third party and the promoter was compensated $6,500 for the service. Further effect on the market could exert a new press release from FrogAds.

It claims the company has realized substantial progress in achieving its goal of making its website FrogAds.com one of the world's most visited websites by improving its Alexa rank and increasing its daily traffic.3FrogAds.jpg

Promotions and news alone is not enough, however, and FROG chart shows well the general trend. The company is in a poor financial condition having around $50,000 in current assets as of end-December last year and over $95,000 in current liabilities.

FROG has convertible notes and notes payable outstanding, which exposes shareholders to even larger dilution risks. A market cap of $18 million looks unjustified for a company like FrogAds, and regardless of how much value its stock has lost so far it is likely to keep moving in the same direction unless some fundamental progress is reported.

Watch the video to learn about the probability of FROGADS, INC. (FROG) Chart Signal as of Oct 02, 2014

Hotstocked Precision will calculate the probabilities of FROGADS, INC. (FROG)

Rating:
Size: 656KB
Version: 1.1
Platform: Win/Mac
Downloads: 800,000+
FREE DOWNLOAD

Comments 1

1. Guest
March 06, 2012, 09:45PM

Quotes Another Slavtchevska hit piece. Wow - you must be shorting the company to consistently stomp on FROG. What - did you wake up on the wrong side of the yard?

Type the characters that you see in the box (5 characters).