I am an amateur investor. I was trying to figure out why such a large price movement yesterday on no news.On another board (CVU), they were saying the possible reason for CVU's price movement was that the stock has gotten to the $100 million market cap mark, even though there was no news.It looks like ENG has recently hit the same market cap point.Any comments?
ENG is such a small player in that sector hard to figure out what is going on. Volume up! Price up but some profit taking after each move. Hopefully a new contract or rumor of buy out?