Aristocrat Group Corp (OTCMKTS:ASCC) Surges For No Apparent Reason

[[tagnumber 0]][[tagnumber 1]]Trading of Aristocrat Group Corp (OTCMKTS:ASCC) stock was virtually non–existent in the first half of the year, while the stock was making sudden moves up and down the charts. As July came to an end, however, we saw the ticker start to gain more investor attention.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The reason was obvious, as [[tagnumber 6]]ASCC[[tagnumber 7]] was the target of a paid promotion that did its job for some time. As this month came, however, we saw the ticker slide steeply down the charts. After a brief 1 day stay at $2.75 per share on August 17 the ticker began to hesitate, before it started to sink like a rock and dropped all the way to $0.67 per share after Wednesday’s trading.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Then suddenly we saw the company stock explode in yesterday’s session for no apparent reason. [[tagnumber 6]]ASCC[[tagnumber 7]] gained 71.64% and closed with a price of $1.15 while a total of 94 thousand shares changed their owners and generated $98 thousand in daily dollar volume, the highest amount of traded stock the ticker has recorded in the past year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Considering the lack of news and the rather disappointing numbers contained in the company’s latest 10–Q which we discussed in our previous article, however, we can expect quite a lot of volatility from [[tagnumber 6]]ASCC,[[tagnumber 7]] so be sure to do your due diligence and weigh out the risks before putting any money on the line. [[tagnumber 2]]