Stratus Services Group, Inc. (SSVG, Free Analysis), a provider of IT staffing and technology asset disposition services, jumped more than 150% after being favorably mentioned in a popular investment newsletter. The stock surged on volume of more than 6.3 million shares, compared to average daily volume of just 243,309 shares.
While traders may be pushing the stock higher, investors may want to reconsider, given the fact that the company has not reported updated financial information since September 2008. Meanwhile, the stock has been labeled Caveat Emptor by the OTC Markets, suggesting that it may be involved questionable promotion, spamming or other activities.
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