Along with General Electric (NYSE: GE), SDX Energy’s stock (OTC: SDXEF) soars by almost eightfold on a miserable volume of 2000 shares. While stocks drastically crash by signaling with Thursday’s performance SDXEF price goes from $0.0133 to $0.1151 on the OTC market.
Despite the oil price crash, SDXEF manages to jump; oil tankers and warehouses are full of oil which became even cheaper than water in deserted areas of the Mid East. Resource mining and drilling companies now out of focus sight as green tech urges to drive zero-emission cars.
The current $0.1151 price of SDXEF is perhaps a turning point for a future millionaire if he buys a million shares and waits for a while. However, that is gambling for a sophisticated investor with many years of experience in managing the portfolio.
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.