Heavy Promotional Fire Hits Traders of Fresh Start Private Management(OTC:CEYY)
Last December, just when the price was going for $0.80, suddenly someone dumped 4 million shares on the market, which had rapid and shocking result - the price dropped to $0.05 in a matter of 48 hours, and it took a lot of company announcements and promotions to bring some stability for the stock. Whether a similar scenario would take place soon, is another matter.
It is also important to remember that not so long ago the company had a very different main line of business, before it merged to form the current Fresh Start Private. In some statements from previous months, traders might remember that the company assured them that the former line of business would not be abandoned. Yet, it was, and it is only time that will show whether real sustainable growth can be achieved this time.