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Strategies & Market Trends : $10 and Under : New 52 Week Highs
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To: ~digs who wrote (459)10/14/2007 5:19:10 AM
From: bruwinRead Replies (2) of 557
 
This is one of those ironies in the stock market, as I see it.
Here we have a company that has not reported one cent of Bottom Line profit for the last 4 years, and yet its price has been in an uptrend !

One aspect, I suppose, to consider is the fact that its daily traded volume is not, generally, that large. Quite often not above 100k, although it has perked up in the last week or so.
However, it's still strange. Maybe someone can tell me what's attractive about UGTH, besides possible speculation that it may, or may not, benefit from an alternative source of energy.
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