American Leisure HLD (OTCMKTS:AMLH) Takes A Beating
[[tagnumber 0]][[tagnumber 1]]The last time that we wrote about American Leisure HLD (OTCMKTS:AMLH) was back in the beginning of the year when the ticker managed to attract some investor interest. Unfortunately, after a serious tumble we saw the daily volumes drop significantly and the company stock continued to slowly descend down the charts.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The ticker didn’t see a lot of action and this was most probably the reason for which we didn’t see large percentile movements. As this week came to a start, however, we saw some paid promoters get into the picture. Some people received $15 thousand to tout the company stock which resulted in an impressive jump in trading.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Unfortunately, this delived a serious blow to the company stock. As we saw 8.45 million shares change their owners during yesterday’s trading [[tagnumber 10]]AMLH[[tagnumber 11]] dropped some 23.91% down the charts and closed at $0.007, generating a daily dollar volume of $79 thousand.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The ticker is going through a hard time in today’s session as well. So far [[tagnumber 10]]AMLH[[tagnumber 11]] has lost 27.14% of its value and has slid to $0.0051 per share. Still, this leaves a lot of room for profits for the people who bought over 80 million shares of the company stock priced at $0.0003 each during the first quarter of last year and probably had difficulty selling them considering the illiquidity of [[tagnumber 10]]AMLH[[tagnumber 11]].[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]You should be sure to do your due diligence and weigh out the risks before attempting any trades involving the company stock.[[tagnumber 2]]