The floor is open for the VIP members of AimHighProfits. On Wednesday, HOKU Corp. (Nasdaq: HOKU) stock closed up 59.18% at 0.1326 on volume of 2,163,042 shares after doing nothing. No news, no press releases, no SEC filings. After hours trading in HOKU continued the momentum as the penny stock gained another 13.12% to 0.15 a share. From the open until after hours trading, HOKU stock gained 87.5%.
Was it a Short Squeeze? Investor Optimism? What suddenly drove the share price of HOKU on Wednesday which, as of 4pm, was still trading at -58.86% below the 50 day moving average, -78.58% below the 200 day moving average, -93.53% below the 52 week high of $2.05?
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HOKU Stock Chart YTD
So what was the cause of the sudden surge in HOKU stock? Check there SEC filings here.
We’re asking VIP members to respond to this on Twitter: @AimHighProfits or to reply via one of our previously emailed alerts with your thoughts as to why HOKU shares surged on Wednesday. This weekend we will post the responses in an article on the website with credit to each VIP member and links to their Twitter account unless otherwise specified.
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