Clean Coal Technologies Inc (OTCMKTS:CCTC) Manages To Close The Week Green
[[tagnumber 0]][[tagnumber 1]]Overall, the performance of Clean Coal Technologies Inc (OTCMKTS:CCTC) this year has been decent. The company climbed the charts back in May and has since managed to keep some of the gains that it had made.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]More recently, however, we have seen another upward run that was accompanied by an impressive increase in volume. In the middle of last week we saw [[tagnumber 6]]CCTC[[tagnumber 7]] gain another hefty 40.91% of value and close Thursday’s session with a price of $0.62 per share while generating $553 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The thing is that [[tagnumber 6]]CCTC[[tagnumber 7]] becomes quite volatile when it gets heavily traded and there is a pretty good reason for that. The company bears the red sign for the OTC Pink Limited Information tier and the newest report that the company has submitted is for the third quarter of last year. It contains some pretty disappointing numbers, which might have gotten even worse by now.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company tries to boost investor confidence through issuing press releases, but that didn’t save them from the mid–week drop. Fortunately for [[tagnumber 6]]CCTC,[[tagnumber 7]] Friday went a bit better and we saw the ticker with a more stable performance which managed to push it 9.90% higher in the charts to a closing price of $0.444, while a total of 445 thousand shares changed their owners, generating $197 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]We see [[tagnumber 6]]CCTC[[tagnumber 7]] climbing the charts today, as well, but considering the current market cap of $18 million and the lack of current financial data about the company we might see a more volatile performance in the near future, so be sure to do your due diligence and weigh out the risks before putting any money on the line.[[tagnumber 2]]
