After performing an unusual volume, price increase scan CENV popped up. CENV is a stock that has been relatively quiet the last few months. When you see volume creeping in and a slow steady price rise the alarms should start to sound. LLEG also experienced the same price/volume move last week which tipped us off on Monday when the press release came out.Always follow the money. CENV appears to be getting some money buying the shares up in a quiet fashion. Currently the stock sits at $.0007 x $.0008. If you look at the history this was a $.014 stock more than a year ago.
The company web site is still active: http://www.certifiedenvironmentalgroup.com/
Last known share structure:
Outstanding Shares
577,630,056 as of Nov 10, 2008Authorized Shares
900,000,000 as of Sep 16, 2008Float
163,810,701 as of Nov 10, 2008
CENV should be a stock to keep on your watch list. Continued volume and price movement would be good indicators of potential renewed interest in this stock. The key to making money in this market is getting in before the crowd. With CENV this could be a good chance of doing just that.
Posts
No comments:
Post a Comment