Beverly Hills Group ( $BHGI OTC) is a conglomerate that came into existence as we know it today in August of last year, explaining that its new focus would be " e recent economic growth in Latin America markets. The Company will be looking to gain presence across multiple industries including but not limited to retail construction, retail sales, wholesale distribution, banking and financial services, mining and real estate development. BHGI will provide investment capital, best practices and best in class management to grow the Company to its full potential."
That was the last we heard from the company, that wasn't the last the market would take an interest. Just this week a newspaper noted that the short sellers of BHGI stock had recently covered nearly 90% of their of net short positions. The fact that anybody cared enough to notice is telling in itself.
Even so, with or without the update on the short interest in the stock, there's been a massive amount of volume for the stock over the course of the past three weeks.. which is also very telling. Although there's still no news, something is clearly happening that wasn't happening before. It may be worth digging around with - or at least keeping an eye on - for more movement in the coming week.
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