A few days ago, AMERICAN COMMUNITY (PINK:ACYD) started the up move and it still climbs up. The stock soared over 135% ACYD_chart.pngin three days, while its traded volume has been increasing progressively to reach over 719 thousand shares. After the negative price changes, that’s huge success for ACYD as its average volume is only 51 thousand shares.

Lately, the company has been spreading out positive news on its business and that’s the most reasonable explanation on the present high trade.

On Oct. 5, American Community reported that it has signed agreements to acquire 11 separate properties in Florida and the closing of the contracts was to be concluded during this month. This news immediately provoked the investors and ACYD started to move up.

Today, the company published an update to its shareholders regarding the progress towards implementation of its business plan and its revenue increases. ACYD also reported that it would create jobs suitable to disadvantaged people and provide them full support. Apparently, through its optimistic statements ACYD tries to push up its stock even more and it continued the uptrend.[BANNER]

American_Community.pngAmerican Community is a group of experienced professionals that acquire businesses, as well as commercial and residential properties for the purpose of housing and employing individuals and families in crisis or challenge. Historical data shows ACYD has had frequent ups and downs and last month its price exceeded $1 per share. Though, after that the stock fell down again.

According to the company’s financial report, as of June 30, 2010, there were over 12 million shares of its common stock outstanding and no shares outstanding of its preferred stock.

Total assets of American Community were higher than its liabilities, though the company has registered operating expenses and a net loss. So, as stated in its quarterly report, “Despite the adoption of the new line of business described above there are risk factors investors should consider that may affect the Issuer’s ability to remain as a going concern”.