Monday, February 13, 2012 7:05:35 PM
by Violeta Slavtchevska Feb 3, 2012 0 Comments
Yesterday City Capital Corp. (
12, 2012. In it, City Capital claims it has acquired a startup enterprise that manufactures solar installations and LED lighting, and holds a unique proprietary technology that could be the “future of the industry”. According to OTC Markets, CTCC stock has been now valued at less than $481,000. So, either big investors have not yet realized the potential of that startup company, or CTCC is only publishing unfounded press releases containing information that investors will never be able to verify.">PINK:CTCC) delivered even larger return on the second in row jump of the share price. It looks like CTCC has become attractive after it dropped to a new yearly low at the beginning of the week. CTCC.png
The last session closed with a 133.33% increase in the share price of CTCC stock. The new closing price is $0.0035, while the trading volume was by far the highest for the past year with 67.84 million shares changing hands within a single trading day.
City Capital Corp. is a company with Limited Information status on the OTC Market place because it has not provided any current financial information on its business. It is also not very certain what exactly CTCC business is, thus one should assume its stock is trading on speculative motions and, most probably, short-selling activity.
No reasonable explanation can be found for the last two jumps of CTCC share price, either. Only one press release of the company is still available and it dates back to Jan. 12, 2012. In it, City Capital claims it has acquired a startup enterprise that manufactures solar installations and LED lighting, and holds a unique proprietary technology that could be the "future of the industry".
According to OTC Markets, CTCC stock has been now valued at less than $481,000. So, either big investors have not yet realized the potential of that startup company, or CTCC is only publishing unfounded press releases containing information that investors will never be able to verify.
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