You are definitely not alone today if you are one of the lucky penny stock traders who jumped on the band wagon on Solo International, Inc. (SLIO). As promised, and on time, Victory Mark appears to have extended their resume of penny stock picks by adding SLIO stock to their list. What’s so special about the Quebec based exploration and development mining company is nothing at all except that the money runners are all over this which is looking just like the other fakes that went out in the summer time.
SLIO is hot right now after its failed attempt to run in January. Hopefully this isn’t a “Rinse and Repeat.”
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SLIO Stock Chart
Market Cap: 23.63M
Last: 0.082, up 0.002 (2.50%)
Volume: 1,413,090
Dollar Volume: $103,438
High: 0.082
Low: 0.055
Trades: 36
Average Trade Size: 39,252
Authorized: 900,000,000
Issued and Outstanding: 288,200,000
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Other than the fact that SLIO stock had a failed promotion back in Janaury this year (see Chart here) when the Company was issuing PR about their mining plans (see here), the most exciting thing you can say about Solo International is that they were once on the “Cease and Desist” list like many former APS plays have been.
On May 7, 2012, the Company received notification from the British Columbia Securities Commission that the company which was providing investor relations for tus was providing such investor relations from an office located in the Province of British Columbia. As a result, the BCSC Executive Director issued an order that all trading in the Solo’s securities in the Province of British Columbia cease until the Company filed the required records and the Executive Director revokes the order.
However, on June 28, 2012, Solo received notification from the BCSC that all of its required filings were current and the cease trade order was revoked. Other than that, what can you say about a company with limited funds, no revenues and is attached to Money Runners just like SWTR was and failed at its run in January?
Solo began some exploring back in September, continued it in October, and, for the last month, have had nothing to say publicly. This is all smelling toomuch like VLNX or VKMD even though, at the time of this posting, the scurry of trading is creating a frenzy on SLIO stock. It just doesn’t seem to have the legs to stand on.
Last 5 Trading Sessions:
| Date | Last | Change | % Change | Volume |
| 11/08/12 | 0.0800 | +0.0200 | +33.33% | 3,000 |
| 11/07/12 | 0.0600 | -0.0110 | -15.49% | 10,000 |
| 11/06/12 | 0.0710 | unch | unch | 17,200 |
| 11/05/12 | 0.0710 | unch | unch | 500 |
| 11/01/12 | 0.0710 | +0.0010 | +1.43% | 100 |
About SLIO Stock
Solo International Inc. is a exploration and development mining company with a focus on deposits of rare earth metals and rare earth elements. The Company has mineral claims totaling 120 hectares located in the mining friends jurisdiction of Portland Township Quebec, Canada.
Click here to view the SEC filings for SLIO.
Bottom Line: SLIO is not the penny stock pick traders expected, but it is surely going to see one heck of a trading session today. If you were one of the fortunate to jump on SLIO stock prior to the 1:30PM alert, kudos and make sure you clean out that bed pan you been sitting on for the last hour. Not so sure this is one to hold after the close, especially after viewing that chart from Janaury.
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