Superior Oil and Gas Co. (PINK:SIOR) has attracted the market attention recently by the increased trading activity of the company’s stock.
Trading volume surged significantly at the beginning of last week and since then SIOR stock price has surged by more than 100%.
The last trading session was the most active one during this period. The number of shares which changed hands was more than 6.8 million. At the end of the day, SIOR share price hit $0.0046 per share.
After the end of the session, the stock promoter called Stock Egg issued a watch list for Thursday which included SIOR with a reference to its unusual activity.
SIOR is a limited information company. Therefore, it is not surprising to see that the stock surge happened without any published news or reports. This aggravates the investment process in the company’s stock, making it riskier than other companies who are current in their information status.