When a stock generates massive over a period of a couple of weeks then it might be a good idea for investors to start tracking it a bit more diligently.
One such stock is that of BioElectronics Corporation (OTC: BIEL), which has managed to record gains of as crazy as 900% over the course of the past two weeks. While the gains made by the stock during this period are eye-catching, it is also important to point out that there has been no news about the company that could have brought about such a remarkable rally.
In this situation, the company’s financial results that were released back in January may actually give investors a bit of an idea about BioElectronics. In the fourth quarter, the revenues soared by as cosmic as 233% year on year to hit as huge as $519,000. On the other hand, the revenues also reflected a sequential jump of 241% from the previous quarter.
Writing for business and finance publishers has become his passion over the last decades after he completed a master’s degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.