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Can anyone tell me why the stock CCTC is up 75% in 3 days?

I'm a total novice to stocks and I cant figure out why it's skyrocketing like it is. There's no news on it, or any reason that I can see for it to go up like it has. Any info would be appreciated.

Update:

No, I'm not involved with the company, I'm trying to understand how the stock market works.

Update 2:

CCTC Clean Coal Technologies Inc OTHER OTC

Currently on ING for 51.00 per share.

1 Answer

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  • Anonymous
    1 decade ago
    Favorite Answer

    EDIT: Sorry I looked at the incorrect symbol.

    If you notice that CCTC has .pk at the end for pink sheet. Pink sheets are where most of the pumping and dumping occurs. a four month return of 300,000% annualized 900,000%. Tomorrow should be interesting for them, a 5 to 1 forward stock split. Damn if I can see any reason for this stock to behave this way. I have never tried to short a .pk stock before, but this looks tempting, but I still won't.

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