Platinum Studios Inc (PDOS) SOARS
Shares of Platinum Studios Inc (Public, OTC:PDOS) continued to move higher on Monday following a 100% rise in the previous week.
Last week, PDOS announced two important developments. On Jul 12, 2011, the company said that it will market its sci-fi western thriller Cowboys & Aliens in various international digital IMAX(R) theatres day-and-date to be resumed in the first week of the month of August.
Then on Jul 14, 2011, Platinum Studios Inc announced the additions of Shawn DePasquale as the new Creative Content Manager for Publishing.
PDOS Stock Climbing
This morning, PDOS stock gapped up and now up a whopping 64% to $0.71. More than 15 million shares have exchanged hands, compared to its average volume of 3.08.
PDOS stock is trading very near to its 52-week high of $0.09. It would be interesting to see how the stock will move on from here with strong physiological resistance at $0.09.
PDOS stock is trading well above the 50-Day Moving Average and 200-Day Moving Average with RSI above the 50.
PlatinumStudios Inc (Public, OTC:PDOS) has a market capitalization of $21.39 million. It had total outstanding shares of 321.69 million shares.
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