TerreStar Corporation (PINK:TSTRQ) shattered the last session with a price surge of more than 225%. The action took place on a volume of nearly 12 million shares, which is way over the daily average.
After the short volume data for the day was published by FINRA, it turned out that 5.3 million shares were turned over in short transactions, which includes the opening and closing of positions.
Market participants who would like to search for the reason that ca
used this explosion of TSTRQ stock will face significant obstacles because there has been not a single piece of news from the company, nor has there been any financial report.
The truth is TSTRQ is marked with a caveat emptor sign, which is a warning sign that such unexpected moves in the stock of the company may occur. This makes TSTRQ stock extremely risky and doesn’t add to the attractiveness of the stock.
