Published on Jul 3, 2013 8:58 am
STOA (Sitoa Global, Inc.) is a special play that we alerted as a merger possibility play, that would likely see major price fluctuations due to its incredibly small float. Yesterday STOA saw heavily increased buying pressure pushing it to close up a whopping 48%, suggesting to many traders, that though they have gone beyond their stated expectations for the date of the completion, that there may still very well be a merger completion in the works. This movement yesterday was significant due to the amount of buying pressure that poured in for the latter half of the trading day, so we suggest that all those with an interest in STOA, continue to watch it very closely as things progress.
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