CXLT – Stock Quote and News
CXLT Stock Bio
Net Savings Link, Inc. offers electronic memberships to U.S. families that save them thousands of dollars per year on everyday items and expenditures such as groceries, dining out, entertainment, and travel.
These memberships will be mass marketed to large organizations such as unions, and local ones like churches. As members generate savings through Net Savings Link, the company will simultaneously monetize the transactions from shared back end revenues with host organizations end user membership fees, and commissions from the affiliate partners.
Notable Company Execs
David Saltrelli, President, CEO
Peter Schuster, Secretary, Treasurer
CXLT Trading Overview
CXLT has been one of the hotter penny stocks in 2011 thanks to a series of news releases and promotional campaigns throughout the year. The first big promotional campaign came in late February when it was trading around $0.05. One of the biggest stock newsletters was behind this campaign and pushed it from $0.05 to over $0.80 over the course of a few weeks. Following the pump, the inevitable dump came and the price of CXLT went down to below $0.20 and trading in this range for a month or so. In mid May, CXLT had a series of news releases and went from $0.15 to $0.25 over the course of a few days. It then fell back down to around $0.20 and traded there until today.
Recently CXLT jumped over 60%. CXLT was once again pumped by the same newsletter that pumped them in February and they had news today as well. Will CXLT run for a few days like it did last time it was pumped hard, or will the dump come faster? Stay tuned to Penny Stock Classroom in the coming days as we cover CXLT more.
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