Life Design Stations (OTC: LDSI) started the new week with a drop of 15.25% and closed today’s trading session with a share price of $0.05. Volume of the stock, however, surged to a total of 15.70 million shares, when comparing with its average of 40,237 shares.
Despite today’s drop, Life Design Station has a total gain of 150% since the start of 2012. On May 1, 2012, Life Design Station International closed at a share price of $0.12, which has been the stock’s highest closing price year-to-date. Before today’s drop, Life Design Station had been holding steady this month with minor gain. Today’s share price drop and volume spike may be a sign of the stock being more active in the near future.
The volume surge of the stock despite its share price drop may be linked to the recent stock promotion of Life Design Station. According to @pennystock24 on Twitter, several newsletters promoted Life Design Station today, including Pennystocks Scientist, Pennystocks Scholar, Equity Trading Alert, OTC Tip Reporter, Microcap Profiler, Pick Pennystocks, and Research Driven Investor.
There are 12 results found on stockpromoters.com regarding to the promotion of Life Design Station, and all of the stock promotion companies are listed as having been compensated at the range of $5000 to $7500.
The volume surge of the stock may also be linked to the company’s headlines today:
- Today, July 16, 2012: Life Design Station announced that it has received an endorsement from famous R&B recording artist and producer Damion Hall.
- Today, July 16, 2012: Life Design Station announced that due to the growing number of artist pre-registrations and the overwhelming feedback from talented producers and promoters, the company has allocated additional resources to accelerate the full launch of Backstage Vibe™. The delivery date for production has now been set for August 15, 2012.
Life Design Station International is a music-inspired corporation. The company empowers artists, producers and other music professionals to reach millions of potential customers.
Life Design Station, through its Internet-based division, develops and directs an innovative global social platform allowing artists from the U.S. and the world to interface collaboratively in order to promote, produce and sell their musical artistry.
Life Design Station’s Backstage Vibe™ provides a leading-edge, secure and user-friendly environment for the sale, distribution and securing of world talent from one source.
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