What every trader in the world wasn't willing to buy at $1.40 yesterday hit over $3.00 today..... an over 120% move to the upside. The company has no comment:
China New Borun Corporation (NYSE: BORN), a leading producer and distributor of corn-based edible alcohol in China, today announced that, in view of the unusual market activity in the Company's American Depository Shares ("ADS"), the New YorkStock Exchange has contacted the Company in accordance with the Exchange's usual practice. The Company stated that its policy is not to comment on unusual market activity.
We could see more gains to the upside tomorrow... a host of suckers lie in wait to drive this penny stock higher.