Nelly Shishkova

XNE, Inc. (PINK:XNEZ) Climbs Again on News and Promotions

by Nelly Shishkova April 9, 2012

XNEZ_logo.pngHistorical data shows that it's not the first time when XNE has used promotions to pump up its stock price, and today the result of the campaign is just about to be seen.

However, what is bothering about investors is that the company hasn't filed a financial report for any period after Sept. 20, 2008. Meaning that the potential shareholders and traders cannot get a more accurate idea of the financial condition of XNE. Besides, the company is still present in the OTC Pink Limited Information list which can scare off any potential investors.

In other words, while keeping its financials in mystery, the only thing left for traders is news and promotions, which are hardly enough for making a clever investment.

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