OTCEquity is a premier site for updated news and financial information regarding penny stocks and small cap companies. We offer a free newsletter, articles about penny stock trading, otc bulletin board analytical data and original news stories about the penny stock companies you are interested in.

Why Does Intertainment Media Inc. (TSX-V: INT.V) Have Such a Hard Time Supporting Growth in Share Price?

Posted on June 15, 2012 by OTC Equity

While Intertainment Media Inc. (TSX-V: INT.V) has shown the ability to push their share price north at times, the "technology incubator" that invests in technology solutions for brands and consumers has found it difficult to sustain any advancement much to the frustration and displeasure of investors. It was just two weeks ago that we covered INT.V last and at that time shares were in the process of rebounding from a low of 0.360 set on May 22, 2012. Well INT.V did rebound, pushing to a high of 0.465 on June 11, 2012, the same day they announced that they had "developed, together with leading financial services industry partners, a customized social media financial services program for celebrities and socially active specialty brands." Unfortunately for shareholders INT.V has already seen most of those gains disappear, dropping down to a low of 0.390 on Friday, which happen...

To read the complete article sign up below; registration is free, you will only be asked to provide a valid email.

If you are not a registered user, registration is quick and easy - simply enter your email below and you are registered to view OTCEquity's Exclusive content. Your registration and membership is FREE, so register below now.