Martin Tsvetkov

Bankrupt Index Oil & Gas, Inc. (PINK:IXOG) Puts on Spectacular Market Performance

by Martin Tsvetkov March 2, 2012

Watch the video to learn about the probability of INDEX OIL & GAS INC. (IXOG) Chart Signal as of Oct 31, 2014

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IXOG_chart.pngThe stock of Index Oil & Gas, Inc. (PINK:IXOG) has been going crazy for the last few market sessions. Because, as you might have known, IXOG has embarked on a fairly aggressive run showing no signs of slowing down.

Yesterday, IXOG edged up $0.0041, or 34.17%, to $0.0161 - its fifth rise over the last seven sessions and highest close since October 2010. What is more, more than 1.95 million shares of common IXOG stock changed hands within the latest session, which is nothing short of a new 36-month record for the company.

Strangely or not, there seems to be no news to justify the spectacular chart run IXOG has been making for one week already. In addition, current financial records are nowhere to be found, either. If this were not enough, IXOG's corporate website is also down, for all that's worth.

The lack of news shows that the company has made no real progress since it filed a voluntary petition for liquidation under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. In this respect, IXOG's current market surge seems rather unlikely to continue for much longer.

Watch the video to learn about the probability of INDEX OIL & GAS INC. (IXOG) Chart Signal as of Oct 31, 2014

Hotstocked Precision will calculate the probabilities of INDEX OIL & GAS INC. (IXOG)

Rating:
Size: 656KB
Version: 1.1
Platform: Win/Mac
Downloads: 800,000+
FREE DOWNLOAD

Comments 1

1. Guest
March 03, 2012, 05:56AM

Quotes Now you can obtain copy of bankruptcy records at http://goo.gl/HbTpq without leaving home and visiting court house.

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