Image Protect (IMTL) Soars Higher On Significant Volume: How to Trade Wisely?

The copyright infringement protection sector has grown considerably in recent years and if you are looking for a stock in the sector, you could consider having a look at the Image Protect Inc (OTC: IMTL) stock.

On Monday, the stock soared by as high as 35% as investors piled on to it in a big way. The rally in the stock might have come about due to an announcement made by the company back on March 5.

Image Protect announced that it had come up with a Slide Deck that could help in educating new users with regards to the virtues of its Fotofy Platform. Fotofy is a platform created by Image Protect that is meant for in-image advertising and also for image sharing. The Slide Deck is going to help website developers, content owners, and advertisers in knowing more about the range of solutions that are provided by Fotofy. Investors possibly believe that the launch of Slide Deck is going to eventually add to the company’s revenues.

Michael Rowels

Weekend Contributor.Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.

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