Why is Ultrack Systems (MJLB) Gaining Today?

So unusual to see Ultrack Systems (OTC: MJLB) growing 9% while most stocks are losing at least 2%. Just two hours ago the company announced the acquisition of M-Loan, a California trucking company. This historical event shows a sharp expansion of the Canadian fleet management firm Ultrack Systems to get access to U.S locations.

Trucking is one of the successful sectors of GDP in the U.S economy. The local purchasing power is so high and truck-providing companies are enjoying this kind of economy.

Right now MJLB is trading at $0.0220. If the revenue gets higher this year due to new market expansion the stock will skyrocket by over $10. So, we should be alert to MJLB these days as it is strongly expected to deliver positive financial results.