Yesterday, Inova Technology Inc. (OTC:INVA) made a remarkable performance on the OTC market. The number of traded shares bulged by more than ten times the average value, reaching 1.7 million. At the same time INVA stock price pushed forward by 169% and closed the session at $0.12 per share. Meanwhile shorted volume reached 20% of the total number of traded shares.
The explosive reaction of INVA stock was apparently caused by the press release which came yesterday. The company said they it had a backlog…