Xumanii, Inc. (OTCMKTS:XUII) Barely Moves Despite Pump Onslaught
Yesterday volume for Xumanii, Inc. (OTCMKTS:XUII) was the lowest in over two weeks’ time. The stock closed just 5% up, failing to make up even half of Wednesday’s drop. The pump emails are, of course, still rolling in.
Awesome Penny Stocks are still kicking and clawing, trying to get XUII‘s share price to a dollar, and still failing. Wednesday’s pump touted yet another press release by the company, concerning the increase of viewers that watched Mac Miller’s recent concert. The ridiculousness of the touts if now amplified to levels quoting price targets between $3 and $5 per share.
While there is no hard proof for the number of viewers outside of XUII‘s published figures, shareholders may find any number dissatisfactory, considering the broadcast included none of the revenue-generating advertisements XUII has been talking about for months now. Their updated video stream player was supposedly capable of displaying interactive ads that were expected to finally bring some revenues into the company’s coffers. Sadly, logging halfway into the concert and watching roughly 20 minutes, we saw no advertisements of any kind.
The latest tout from APS that came through yesterday, shortly after the market opened, is full of more ludicrous claims, including the umpteenth iteration of the “short squeeze coming” promise, which traders have seen dozens of times. The pump also doesn’t fail to mention the baseless rumors that superstars such as Lil Wayne or Justin Bieber may sign with XUII.
Awesome Penny Stocks’ rabid determination to pump XUII despite the failing performance of the stock’s price (currently 50% down from its highs) is easily explained with the fact that the pumper outfit promised it will retire if XUII fails to breach $1.00 per share. Given the fading volume and uninspiring chart movement of XUII, APS may soon be out of business, though the pumpers failed to state how long they will keep dredging the stock.
Other stocks that held investors’ attention yesterday include Petrosonic Energy, Inc. (OTCMKTS:PSON), who after a few relatively calmer sessions dropped 27% on heavy volume. Liquidmetal Technologies, Inc. (OTCBB:LQMT) closed 22% in the green, attempting a run back up to $0.20 per share.
