Ya it went up quite a bit. Whos to say though that it will go up another hundred or so %. I dont think it will. The stocks seem to be going up a lot and then drop and settle.
EcoSystem Corporation (EcoSystem), is engaged in the development of industrial-scale applications of bioreactor technology that are designed to resolve ecological challenges while producing carbon neutral products.
Today it announced execution of agreements for the sale of EcoSystem preferred stock and warrants to purchase common stock to five investment funds for $76 million.
EcoSystem’s goal is to achieve an annualized renewable fuel production rate of 500 million gallons per year within three years. Breakout of this news push this stock today upto 425% with a volume of 446.08M.
What would be the future of this stock tomorrow? a) Increase b) decrease
Ya it went up quite a bit. Whos to say though that it will go up another hundred or so %. I dont think it will. The stocks seem to be going up a lot and then drop and settle.