The widely promoted binary options call center of Chineseinvestors.com, Inc. (OTC:CIIX) succeeded only to “call” a weak performance of company’s stock. Possibly, the main debate within the binary community today will be: “Can such kind of center be a necessity in order to offer quality binary options services?”.
CIIX released yesterday its plans to rent space in the Sun Tong Info Port Plaza Building, Shanghai and to set up a full staffed and full time operating call center.
As announced, fifty persons should provide general support services for company’s partner, OptionWorld (KrisWorld Development Limited of Hong Kong). It is expected the initiative to spread strong revenue for CIIX’s new business stream, related to binary options operations.
The same day, the share price of Chineseinvestors.com knocked $ 0.8 remaining unchanged at the end of the trading session. The trading volume has been within the average for the company range. Although, it still looked too modest in comparison with the number of shares turned few days before recent news has been announced.
You possibly ask “What was the reason?”.
For sure, not binary options industry inspired traders, but a paid company’s stock promotion. The promoter SpeculatingStocks.com has been paid $2 000 cash by Chineseinvestors.com, Inc. for a one month (7/3 – 8/1) investor relations contract. Previously, the same stock promoter has been compensated $6 000 cash for two separate campaigns.
As a result, seen on the price chart as well, CIIX made brilliant performance at the end of the last week, which conceivably, will not be repeated these days again.
Referring to the aforementioned today’s debate it is good to remind experts’ opinion. They say that for the quality of binary options services it is not as important to dispose in a call center with fifty employees, as to have qualified and skilled in binary options and finances staff. Even the conservative and oriented towards investors’ protection institution like CySec is of the same opinion.
The information in this analysis is collected from different sources and should serve for informative purposes only. The author shall not be held responsible for the validity of the presented information. No part of this analysis recommends the purchase or sale of a currency pair or any other financial instrument.