Timios National Corp (OTCMKTS:HOMS) Surges On Paid Promotion

The stock of Timios National Corp (OTCMKTS:HOMS) is usually very quiet. However, it all started to heat up as some promoters joined the party and finally generated some interest in the ticker.

Despite the fact that HOMS isn’t a stranger to paid promotional campaigns we haven’t seen one for over a year. It all started out with a few emails on December 26 after a decent run which started a week earlier and brought HOMS above $1 price per share.

The ticker managed to climb a massive 200% over the past 10 days, but the volumes were low until Friday’s session and the company stock rarely made it above $10 thousand in dollar volume.

HOMS added 54% in the hype of the promotion, just before the weekend and closed the session priced at $2.70, with a decent 98 thousand shares switching hands, that in term generated $261 thousand in dollar volume.

Nonetheless, HOMS is a pretty decent company with good revenues and assets, despite its inability to operate at a proft. This can explain why the team from Research Driven Investor, LLC (RDI) who promoted the stock didn’t get any compensation for the alert.

They were probably looking for some decent company to wash their hands with, after the disastrous promotion of Sanwire Corporation (OTCMKTS:SNWR) who dropped a hefty 79% in price over the course of just 3 session while being promoted.

Of course, this doesn’t mean that HOMS is a safe bet and we think that we might see a correction pretty soon if not by the end of today. In any case, be sure to do a lot of due diligence and weigh out the risks if you have any thoughts of betting on HOMS.

InVivo Therapeutics Holdings Corp. (OTCMKTS:NVIV) also ended the week on a good foot and added 11% to its value.