The Paid Promotion Weekly Wrap Up October 24, 2021
Welcome to the second weekly wrap up for Paid Promotions. This will be a free weekly series that will catch you up on recent paid promotions ran during the week, news and stock performance from prior paid promotions. I plan to write more about trends, the different players involved, and deeper analysis of the targeted companies from the paid stock promotions. Any comments or feedback is appreciated.
This past week I covered new paid promotions in $SKYI, $LVTTF, and $AUTO along with updated paid promos in $MDGS and $BTCY for paid subscribers. The paid promotion in $BTCY worked this week with the stock closing up 41% for the week. The other winners include prior paid promotions in $PIXY up 15% and $MYMD up 10.9% this week. The losers for the week were $RGDCF, $FDCT, $KTTA, $NISN, and $ALF.
Last week’s promotion in $KTTA faded last week with the stock closing at $2.69 down from $2.98 and very close to where the stock price was before the paid promotion was ran at $2.64. There is very good correlation starting to build across the board of the stocks subject to paid promotion falling back to the price before the paid promotion if not lower. I am watching $NNVC for the next one to fade. It started the paid promotion at $4.37 on October 11. It traded all the way up to $5.24 last week and closed at $4.86. Unless there is material news or another promotion I would fully expect it to fade all the way back under $4.40.
Prior Paid Promotions Making News:
$JUPW Jupiter Wellness announced the first patient was dosed in their JW-300 trial for the treatment of first degree burns.
$JAN announced their ARCA Recycling, a Subsidiary of JanOne Inc., Sees Major Increase in Appliance Replacement Contracts, Estimated to Push Revenue of Replacement Programs to Nearly $20 Million, in Addition to Recycling Business
$LVTTF Levitee Labs Enters into Credit Facility For Up To $12 Million with RiverFort Global Opportunities. Levitee agreed to draw down an initial tranche of $2.5M.
$MDGS announced their 47.69% owned affiliate Eventer Technologies signed a MOU with Safee Cyber Technologies to create NFTs.
$AUTO had an 8K filed disclosing a Vice President, Corporate Controller and Principal Accounting Officer of AutoWeb, Inc was resigning her positions effective November 12, 2021.
It has been oddly quiet this weekend on the paid promotion front with no previews or teasers of new paid promotions.