Todays Alternative Energy Keeps Falling Since New Website Launch and New CEO Appointment (TAEC)

Todays Alternative Energy (OTC: TAEC) has dropped in two consecutive sessions since the launch of the company’s new website and the appointment of the company’s new CEO. Similar to yesterday’s performance, Todays Alternative Energy had a very promising opening but fell sharply soon after the session started. The stock eventually closed today’s trading session at a share price of $0.0778, or 22.2% lower than its previous close. Todays Alternative Energy has posted a loss of 29.3% in two days. Volume traded higher on the other hand, with 760,336 million shares exchanging hands compared to its daily average of 171,600 shares.

On August 5, 2012, Todays Alternative Energy announced the launch of the company’s new This coincided with the appointment of Albertus Hendrik van Leiden as CEO, “who brought to Todays Alternative Energy over 40 years of experience in the fast growing energy field”.

While headlines for Todays Alternative Energy have been scarce this year, the company has certainly seemed busy during the past few days. On August 5, 2012, Todays Alternative Energy also formally announced its entry into the solar energy industry with the establishment of its new solar division. The volume surge, despite the less-than attractive-performance of the stock, has to be linked to the attention-grabbing recent headlines for the company.

The recent stock promotions may also have contributed to the heavy volume trading of Today’s Alternative Energy. 123 Stockalerts and Pennystock Circle promoted Todays Alternative Energy today, as mentioned by @pennystock24 on Twitter. There are seven results found on regarding the promotion of Todays Alternative Energy. All of the promotions were from yesterday.

Todays Alternative Energy has painted an attractive stock chart for the most recent three months, despite the stock’s discouraging performance this week. The share price gain since June 11, 2012, totals 94.5%.

Today’s Alternative Energy is a public company that specializes in the exploration of new green, non-fossil-fuel energy sources that benefit its clients while causing no harm to the planet. Research, design and fuel efficiency requirements are also implemented in the development and introduction of green products for public and industry use.

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Published by Fiona Gibson

Fiona is a finance graduate and an expert in analyzing market trends.