Clean Coal Technologies Inc (OTCMKTS:CCTC) Explodes Into Motion

Clean Coal Technologies Inc (OTCMKTS:CCTC) added 35.38% to its market value yesterday, in spite of the lack of significant developments surrounding the company.

Suffice it to say that CCTC‘s newsfeed is far from full. Its last two press releases were unimpressive and had little to no impact on the way the company’s stock sold at the time. So what kicked CCTC into motion this time around?

Could the reason for the jump really be the optimistic article published by Canadian stock commenter Baystreet? That seems unlikely – however there doesn’t seem to be anyone else rooting for the company at this point in time.

Even though CCTC‘s current chart pattern is somewhat reminiscent of a pump jump, there do not seem to be any pumps targeting the company, either.

CCTC hasn’t published any financial reports that could convince investors to commit, either. That statement is an excellent example of horrendous understatement if there ever was one – the company is delinquent in filing ANY financial reports in more than 8 months. Its latest 10-Q covered Q3 of 2014 – so there is no real way to know what its financial state is. All investors have received since then are a couple of meaningless 8-K reports, an NT 10-K and an NT 10-Q. Has it started making revenues at all? Does it still rack up net loss like crazy? Nobody knows.

Suffice it to say that in this case the red warning triangle stamped on CCTC‘s OTC Markets profile page is completely warranted. Anyone committing to CCTC stock will be gambling with their investment – no two ways about it. Of course, this does not mean that there is no way to make money out of CCTC. However, traders will need to be very cunning, quick, vigilant and more than a bit lucky to do so.