Lot78 (OTC:LOTE) Back on Track after a Brief Retreat
Sometimes, a ticker will show amazing resilience, and the slow and steady climb of Lot78 (OTC:LOTE) is a sign of just that- a penny stock with enough underlying promise to continue rising, with only one day of selling in the past weeks. The ticker added more than 8%, its usual daily range, and traded up to $1.79. 
The last reminder from the company was a press release from April 2nd, announcing the inclusion of marketing expert Mr. Bill Scott to the advisory board. The news were followed by the latest climb marked on the graph for the same day. So far, only April 1st was in the red, with the stock only retreating a few cents. 
The current ticker, LOTE, is a vehicle company for London-based fashion line Lot78. Currently, the financial contributions of the fashion company are not reflected in the filings of LOTE, formerly Bold Energy (BOLD):
- Zero revenues
- $38,000 net loss
- Zero cash, $1,000 “goodwill” assets
- $84,000 total liabilites
The next periods should show how Lot78’s high end, somehow high-priced clothes will help the US-based company cover its previous loans and losses. Lot78 increases the hype by stating its products are offered on several well-visited websites, but so far only a few clothes items are featured, a not so unusual feat in 2013. It’s still unknown if the collaborations will materialize in real and robust sales.
With the current climbing trend, we would not be surprised if a pumper repeated the mention of LOTE. So far, the promoters have moved on to other selections, causing a marked effect on the stock. The main pumper for LOTE, 007 Stock Chat, has a long list of tickers since March 14th. The current high flier, Terra Tech Corp. (OTC:TRTC) has shot up from a deep valley, but still remains a risky bet, showing sharp corrections in the past.
In the case of LOTE, the next few days will show how robust the rising trend will remain, or if more news will make the ticker more active. It is best to estimate your own acceptable time frame and potential losses before committing to a promoted stock.
