Not long ago, Advantego Corporation (OTCMKTS: ADGO) stock was trading within a range, but on Monday the stock broke for good, ending the day up to 50% profit.
However, there was no news about the company that could have acted as a trigger for the stock’s rally. The rally seemed completely random. With that in mind, it’s perhaps important to point out that Advantego stock actually went through a major sell-off this July.
But even this sell-out wasn’t triggered by news, it appears to be completely random. In this scenario, it may be wise for investors to do a little research on the company’s business. The company is engaged in the development of innovative products that are intended to close specific gaps in demand in the market.
Advantego actually claims to have the expertise and skills to identify the right opportunities in the market before making a decision to develop a product. However, if there is no news, it may be a good idea to keep an eye on all the news of any new developments at Advantego.