Alternative Energy Development Corp. is currently trading at $0.96 per share, up $0.13 or 15.6% for the day. Reaching an intraday high of $1.05 this morning, ADEC is the most active OTCBB stock today in terms of dollars traded with volume of about 4.1 million shares.
The company was featured this week on Monday, October 12th, in the QualityStocks Daily Newsletter as “One to Watch” when the stock was trading at $0.75 a share. Investors could have made a third on their money in just a few short days!
Alternative Energy Development has a product called the ‘e3 fuel saver’, which is an after-market automotive fuel saving device that operates on all new and late model gas-powered vehicles. Tests have shown that the ‘e3 fuel saver’ increases fuel mileage while decreasing emissions. The device retails for just under $300. Within the past week, the company has sold a total of 10,000 units to Bennett Wholesale and Dandy Enterprises.
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