Montalvo Spirits, Inc. (OTCMKTS:TQLA) Adds to Price with Record Volumes
Montalvo Spirits, Inc. (OTCMKTS:TQLA) is heading to end the trading week with a bang, if optimism keeps up on Friday. Several promotional emails caused a small bull run in the stock, lifting up buying volumes. The price broke through the dollar level after adding 5%, stopping at $1.01. 
TQLA is the typical cash cow business just expanding, but the promotion may be changing the game, causing the ticker to rise faster than warranted by the company’s business potential. The summer months are also promising to be good for TQLA sales. 
TQLA is a vehicle ticker for an already functional spirits company, ready with a business plan and a line of brands. Trading picked up in May, with press releases and several emails to gather investors. Before that, the penny stock vehicle company was a modestly developed provider of cloud computing services. The old company’s results are so far lagging behind any new data from the alcohol company:
- $1,700 cash
- $421,454 total assets
- $351,254 total current liabilities
While this is a very modest report, TQLA has the potential to quickly boost the numbers, as it often happens with companies offering a popular product. It also has the chance to speak about each new development, thus gaining more exposure. TQLA has no measuring stick, being a newly traded company, so the next months will show where the ticker spends the most time, and if a higher price is possible. With the help of a longer promotion, similar companies went from obscurity to several dollars per share, a golden opportunity for insider holders to gain.
On Thursday, more than 2 million shares were bought, a record number, boosted by the promotional emails. Another message may further boost the trend.
A graph that recalls the movement of TQLA is that of Blue Earth, Inc. (OTCMKTS:BBLU). This is a more solid energy company, which was also boosted by a recent promotion and is correcting in the past few days.
TQLA is in the hands of promoter Penny Stock Craze, a pumper in the habit of grabbing tickers possibly at the optimal moment before takeoff. Its previous pick, Cleantech Transit, Inc. (NASDAQ:CLNO) has enough juice on its own and is still continuing the bull trend. It is still unknown if TQLA will generate enough interest to sustain a longer climb, but it is best to estimate the potential loss and only invest if you can afford the corrections.
