VOIL UPDATE:
VOIL analyst's report from ETrade:
Virtus Oil and Gas Corporation Analyst Brief: Holding the Pole-Position by Small Cap Street and BrokerBank Securities, Inc.
A7:30 AM ET 10/2/14 | PR Newswire
Virtus Oil and Gas Corporation (OTCBB: VOIL) headquartered in Houston, Texas, Virtus Oil and Gas was founded in 2013 with the mission of acquiring and developing onshore oil and gas working interests in proven basins in the United States, such as the Central Utah Thrust Belt Region. The company's ultimate strategic focus is the development of oil and natural gas production and reserves.
Virtus Oil and Gas appears to be one of the best performing penny stocks. On September 22, the company announced that it has completed its final payment towards the acquisition of more than 18 thousand acres of land in Iron County, Utah. Since then the stock has been smashing through 52-week highs on a daily basis. The total gains from the last six sessions alone amount to more than 20% and when the closing bell rang, the stock was sitting at $2.16 per share. The completion of the acquisition is certainly good news and in light of this, the impressive performance is probably not that shocking. What is surprising, though, is the trading volume. More than 1 million shares changed hands during yesterday's session
