Looks like United States Oil An (PINK:USOG) stock is climbing up on the latest news about the selected by the company investor relations advisor.
At the same time, the echo of the stock alerts and the speculative USOG stock trades are in the background of the above mentioned significant news.
This August, the company kept its promise to become a fully reporting company, which maybe helped USOG stock take off from the bottom.
Before the stock alerts came in force, USOG stock was not so attractive, although the announced with a delay last month financials for the first half of the year presented some optimistic data.
The shares’ rush started at the end of last month, when the company announced its investor relations partner. The first stock alerts, being sent one week earlier, also reminded investors of the company’s presence on the market.[BANNER]
Yesterday, USOG closed the market with the next in row modest 4.17% share price increase, after the impressive 33.33% gain on Friday. But this was also not such a huge gain, as last Wednesday some investors counted a 53.85% profit between the sessions.
USOG stock price rush on heavy volume is continuing for a second week now, on no official promotional disclosures, but on stock alerts and speculative interest. Surging up in such environment will, as it usually happens with companies like USOG, most probably turn into an even faster plunge down.
