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SGOCO Group, Ltd. Message Board

  • bulletspal bulletspal Aug 6, 2013 6:45 PM Flag

    What caused the big move today?

    All kinds of crazy postings about what the stock price might go to, but something had to trigger this huge move today........

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    • They announced when they are reporting earnings. They drastically changed their business model and outsourced non Sales and Marketing activities and had a blowout Quarter last QTR. Now the expectation is that this upcoming QTR will also have blowout numbers. My guess is that with this official announcement that they will be reporting soon and a few buy recommendations from some services that send emails on stocks to buy pushed it up.

      Sentiment: Strong Buy

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