Yesterday we posted about SGLS and the unusually high volume on that stock. We said that it could see serious upside from $.0014. You could have grabbed some $.0012's on Friday morning before the stock surged to $.0035 for almost a 200% gain.
The funny thing is that this is likely just the beginning. SGSL filed a 15-12G recently. This was likely done to reduce costs. \This filing indicates that the company is ready to merge. This could explain the recent surge in volume and price. This might also lend another reason to be buying shares before this stock hits .01.
Now that would be some call here. But we've done it before and we'll do it again.
Have a good weekend.
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