Panorama Synergy Limited (ASX:PSY) has started the new year with a bang as it continues its record run with a gain of more than 30 per cent on the first day of trade in 2014.
The company describes itself as a developer of cutting edge online marketing strategies and revolutionising emerging markets and caught the eye of investors in November 2013 when its stock shot up more than 1,000 per cent in the month.
Though the run was accompanied by no official news release the gain was traced to a post on share-trading forum HotCopper. Today’s massive spike has also come in the absence of any news release, ensuring traders have lots to talk about as the new year kicks on.
Shares in Panorama Synergy were trading more than 30 per cent higher this morning at $0.15. Panorama Synergy reported a net loss of $1.65 million in the 2013 financial year.
