Watch the video to learn about the probability of CommerceTel Corp. (MFON) Chart Signal as of Jun 19 2013
This free program will calculate the probabilities of CommerceTel Corp. (MFON) stock chart
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When CommerceTel Corporation (OTC:MFON, MFON message board) published its Q4 financial report last Tuesday, it lost more than 20% in value in just within a couple of hours. MFON then struck back for two consecutive sessions, only to close the week at another loss.
Yesterday, MFON closed trade at $0.85, down 11.46% from its previous close on a volume of 5,050.
Thus, MFON hit a 52-week low in terms of market value and realized one of its weaker volume performances.In an obvious attempt to buck the negative trend, third parties launched a full-on promotional campaign in support of MFON yesterday, approx. 2 hours prior to the end of the session. As it turned out, however, the effort bore no fruit and MFON stock remained stuck on the intraday low value of $0.85 per share.
CommerceTel specializes in developing various mobile marketing technologies, as well as the so called C4 - a novel cloud-based solution capable of providing broad mobile communications.
While the most of MFON's financial indicators for the fourth calendar quarter have definitely shown a marked improvement on a both quarterly and annual basis, they still pale in comparison with the company's working capital gap of approx. $5 million and quarterly net loss of $14.3 million. The latter appear to still be a bitter pill to swallow for investors.
Watch the video to learn about the probability of CommerceTel Corp. (MFON) Chart Signal as of Jun 19 2013
Hotstocked Precision will calculate the probabilities of CommerceTel Corp. (MFON)
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| Size: | 656KB |
| Version: | 1.1 |
| Platform: | Win/Mac |
| Downloads: |
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