Carbonics Capital Corp. closed today’s trading up by 66.67%, or $0.0002 a share, to $0.0005 per share. The upward price movement has occurred on massive volume of about 130 million shares. This swamps the average daily volume of less than 66,000 shares. Carbonics stock was mentioned in the QualityStocks Daily Newsletter just a few days ago – on April 13, 2010 – when the stock was trading for only $0.0002 a share. At the day’s high of $0.0006 a share, traders would realized a doubling of their investment in only 4 short trading days.
Carbonics Capital develops renewable energy projects that facilitate the use of carbon in energy supply chains throughout the United States. The company owns and operates an oilseed processing facility in Culbertson, Montana. This facility processes high-value, food-grade vegetable oils for food and industrial applications.
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