Renewable Energy Trade Board Shares Skyrocket 90% on Seeking Alpha Story

By Midnight Trader,  December 05, 2012, 01:12:04 PM EDT

Shares of Renewable Energy Trade Board Inc. ( EBOD ) have surged more than 90% to $3.76, but are off a day's top of $4.17, apparently in response to a bullish article about the company's prospects published on Seeking Alpha.

More than 173,000 EBOD shares have changed hands already today, versus a recent daily trading volume average of under 6,000.

Traders appear to be attracted to the issues razor thin float, listed at 2.5 mln shares.

EBOD has traded in day's range of $2.10 - $4.17, within a 52-week range of $1.60 - $10.60.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: EBOD



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