HoleInOneStocks Involved in Touting IceWEB, Inc. (OTC:IWEB) for Money
Four weeks have passed since IceWEB, Inc. (OTC:IWEB) was last promoted on the OTC exchange. Today, IWEB shares are in for a new, three-pronged promotional effort worth a total of $17 thousand.
As of now, we have received promotional newsletters in support of IWEB stock from three distinct promoters, i.e HSP Team, HoleInOneStocks and Moving Pennies, all set to raise awareness about IWEB today. While there is nothing wrong in providing research services about a particular to investors, doing it against payment is dead wrong. That is why, we deem it wise not to mess with promoted stocks in general. Why does IWEB stock make no exception?
According to promoter HoleInOneStocks, IWEB shares are poised for a decent upward run from a mere technical point of view. So far, so good. However, it doesn’t take a rocket scientist to figure that out, let alone a paid pumper. The same goes for IWEB‘s fundamentals. As it is, the company has suffered from:
- continual deficit in working capital
- recurring net losses
- mounting aggregate loss.
At least, IWEB appears to be capable of generating revenues, albeit insufficient to cover all the expenses. In this respect, the company has a long way to go before going in the black, let alone reaping greater benefits of the billion dollar indistry it is supposedly occupying for the time being.
In a nutshell, IWEB is by no means stable enough to withstand huge promotional pressures. What that means is clear and simple: even if IWEB shares soar today, it will barely last long before an imminent flop in price takes novice traders by surprise.
Should the arguments mentioned above not sound convincing enough, we suggest that you check out the historical records of the promoters staying in charge of the current IWEB campaign by clicking on their names in the second paragraph. After studying their previous promo picks, you will see for yourselves how miserably the latter performed as soon as the corresponding campaign was over.
