The traded almost only on Fridays Cloud Centric Sys (PINK:CLDR) stock surprised yesterday pleasantly its investors with a Monday flight to the skies.
CLDR shares jumped 50% on the highest for the past five years trading volume.
Unlike the limited information about the company and its usually delayed filings with the SEC and the OTC market, the upward direction of CLDR stock was sharp and deserving admiration.
Despite the company’s rare development updates, since the end of July CLDR surges regularly up on no news.
During the fatal Friday the 13-th, CLDR stock was again in the clouds. On a symbolic volume traded, the share price exploded by 100%, as if to evoke the assumption that the realization of even huger gains requires the existence of a larger number of investors, willing the buy the shares. To confirm that assumption, this became reality yesterday.
Breaking up the downward direction from the previous trading session, the fans of the high risk induced yesterday a rush on CLDR stock of a scale that had never been seen before.
Now, we can say that the rarely traded CLDR has become not only popular, but also one of investors’ favorite risky investment opportunities.[BANNER]
Cloud Centric Sys claims to be specialized in cloud based technologies that use the Internet to deliver business applications via a global network of partners. The company plans to grow through strategic acquisitions over the coming 12 months and expects strong sales through its subsidiaries.
Unfortunately, the latest financials for the first quarter of this year, published with a delay, show that for that three-month period CLDR succeeded to generate revenues of four thousand dollars. The reported net deficit of almost half a million dollars may also remind investors, that in order to implement its business plan, CLDR will have to rely on the proceeds from the sales and exchanges of its own stock.
