by Travis Johnson, Stock Gumshoe | October 24, 2013 12:04 pm
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Source URL: https://www.stockgumshoe.com/2013/10/tgs-quarter-update/
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Just my luck. i had these. on the 6 jan 14, i was -9.13% down. yesterday they were still doing nothing so i sold. this morning they had gone up 14% and can’t find why they had such a rise? can’t complain, as i had shares in FRX Forest Labs. Inc which went up 14%. just hope they maintain there price, or i’ll sell all i have and buy a new car and head for the continent of europe, so that i can drive on the correct side of the road.
The moves get amplified a bit if you’re trading on the pink sheets, because the volume is low, but the stock did have a huge move in Oslo because they announced that they had a late surge of sales in 2013 to push the numbers up above what had been expected, and gave decent guidance for 2014. There was little to no growth expected, and growth for this year is still expected to be fairly limited, but the fact that it’s better than analysts had feared was good enough to let the shares recover some. Pretty good summary here from Bloomberg.