Alto Group Holdings Inc. (OTC:ALTO) stock started to sizzle since last trading session as both volume and price skyrocketed on the market. The volume, which has been hovering around its average of 3 million shares, bulged tremendously to 54 million shares, 47% of which was short. At the same time, ALTO stock price heated up by 112% and finished at $0.0232.
The optimism about ALTO was most probably spurred by the announcement that the company had signed a letter of intent to acquired a gold property…