The Clock Is Ticking
Huddle Up, Traders!
CloudWeb Inc. (CLOW) has come down a little from its intraday peak but I can’t promise how long it’s going to stay here.
If you MISSED this home run trade or simply want another taste, you know what to do:
Remember, this trade jumped 54% this morning BEFORE the open, so it’s all about being in position when the bell rings — you can’t wait around!
Close to 13 MILLION shares for a stock that normally moves in little spurts. What’s the storyline that takes a $0.10 stock to $0.60 in a matter of days?
A Chinese investor has accumulated 81% of CLOW and seems to be using it as a holding company for his other web enterprises.
No idea yet what his plans are but the remaining 19% of the company just got “interesting” — he’ll want to complete the set or let those shares RIDE.
Let them ride, those minority shareholders get to share whatever he has planned for the company. He’s throwing assets at CLOW now. It’s good.
If he wants it all, he’s going to have to pay a premium. I think that’s what the volume spike is all about. People are realizing CLOW is in PLAY!
And in that scenario, who wants to miss the boat? Tick tick!
Happy, Happy, Happy Trading!
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