Superior Oil and Gas Co. (PINK:SIOR) has been steaming in the last couple of days as both volume and price surged up on the chart.
SIOR was moving in a trading range around $0.008 during most of December. However, at the end of the month and more specifically on Dec. 29 the stock broke the upper border of the range and spiked up in the high volume area.
Since then the trading activity with SIOR stock significantly increased. Yesterday, the number of exchanged shares was near 7.3 million which is several times higher than the daily average.
The stock price continued rising and at the end of the session SIOR had risen 32% to $0.0199.
Trending technical indicators also turned positive after the break out. The MACD shot up and the short term moving averages 
bolstered the up move with a bullish cross which was drown on Dec. 27.
However, SIOR is a limited information pink sheet company and as such it is not obliged to publish current information. There has been no official publications in the public media to give a clue to the recent development of SIOR stock.
In this train of thoughts investors in SIOR stock will have to rely on their intuition for guidance in their investment strategy.
