Kaloyan Gadzhev

Promotions Don't Help the Price of The Automotive Resource Network Holdings (PINK:ARNH)

by Kaloyan Gadzhev March 28, 2012

In addition to the the pump campaigns, ARNH has issued two press releases in the last few days. Supposedly, the company is launching a new product for glass protection.

Despite both the promotional activity and the press releases ARNH is still significantly below the price level before the hype.

The company is yet to file its annual report and traders have little financial data to go on. Additionally, ARNH is on the pink tier, which doesn't help the information situation.

ARNH_logo.pngThe effect of the new promotion is yet to be seen, but keeping in mind the negative effect of the first promotion, the lower compensation, and that there is limited financial information, ARNH may be in for another uninteresting session.

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