MLCG Shot Up As Much As 360% Today and Closed up 166.67%.
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MLCG surprised a lot of traders with a massive influx of buying that saw the stock close up 166.67% on more than 62 million shares traded. This proved to be record breaking volume and at the high of the day, the stock was up as much as 360%, going to show the incredible momentum that came into this play today.
With the sort of growth that this company managed to see within such a short time today, it will be very interesting to see what the rest of the week will hold for this power play. We hold no doubts that things will continue to be very exciting from here, as word get out about the rampant movement and other traders begin to pick up on it through their market scans. While this is definitely a high risk play, it is also one that we should all be watching very carefully, for a possible continued push to the upside.
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