EVGI hit a new 52 week low today and looks poised, in my opinion, to rebound sharply in the short term. The stock closed at $.036 a share, and the 50 DMA of a little over $.08 would be the first point of resistance on any rebound.
EVGI has fallen dramatically since last fall and saw tremendous money volume at much higher prices. The company issued news yesterday, which brought some buyers in, but the stock did not budge. I think that will change at some point in the short term.
|Shares Outstanding||78,445,539||a/o Jan 18, 2012|
|Float||14,348,397||a/o Jan 12, 2012|
|Authorized Shares||Not Available|