Another Green Session for Creative Edge Nutrition, Inc. (OTCMKTS:FITX)
The stock of Creative Edge Nutrition, Inc. (OTCMKTS:FITX) is one of the most interesting ones in the OTC Markets lately as it has very unpredictable movements, given the fact that there are no recent news.
It has been climbing the charts since the beginning of this month after a long period of decline which brought the ticker as low as $0.0011 per share in the end of last month. Since then the price has been rising and the current gain in value is estimated at 418%, considering the fact that we saw a serious correction in last Thursday’s session, when the ticker lost a hefty 43%.
FITX managed to recover some of that value on Friday, however, while still being heavily traded with a total of 67 million shares that were exchanged as the stock was moving from $0.0027 to $0.0040.
After the optimistic end of last week the ticker managed to do even better in yesterday’s session, when it recovered from Thursday’s loss and also added some value. We witnessed a good climb and peaks as high as $0.0058 per share throughout the session, which in the end added 35% to the stock’s value.
Most of the trading took place before noon, but we saw a decent amount of stock traded in the other half of the day also. As FITX closed at $0.0054, the total amount of shares that had switched hands in the session came to a total of 54 million and helped generate $280 thousand in dollar volume.
The movement of the ticker was sure to attract some pumpers who want to make up for failed previous promotions. This time it was Epic Stocks who tried to wipe their hands clean, featuring FITX alongside Limitless Venture Group, Inc. (OTCMKTS:LVGI) as “Two Muscel builders for you inside”.
The title of the email itself explains a lot about the credibility of the promoters usual claims, because even though this can be said for FITX, LVGI is far from building muscle. In fact, as you can see from the chart to the right it has dropped 71% from the beginning of September when it started to crash violently without any signs of recovery.
This is why we would advise you to do your due diligence and weigh out the risks, especially when dealing with promoted stocks that have inconsistent movements such as FITX.
On the other hand Press Ventures, Inc. (OTCBB:PVEN) had a terrible start of the week as the company stock slid 48% and closed yesterday’s session at $0.084. Today’s session isn’t going that well either and the stock is already 21% down.