Paid promos are NEVER good. Generally the stock moves up and then tanks farther than where it originally started. It is normally diluted to hell at some point during the promo. I've seen stocks in a promo go up 20% in the morning and then tank 50% during the afternoon. Some don't even make it more than a couple percent green at the bell and then dive down 20% or just slide more in red as the day progresses. It's totally unpredictable.
My analysis is almost pointless now. Paid promos turn the stock into garbage. I will dump my shares if this turns green. If this doesn't go into heavy red tomorrow be prepared for one of the next few days where its pure red and slides all day. They never end well because there is normally heavy dilution, panic selling, you name it. I'm not saying we will see that tomorrow but be prepared for it at some point and it will come out of no where and you do NOT want to be caught in the drop. A nice example was HEM* It was promo'd to hell and then tanked to hell. I believe it lost about 80% after the promo.
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