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Friday, April 20, 2012

Sector Alert: Another China Stock on the Move: SGOCO Group (NASDAQ:SGOC) Gains over 70%

New York, NY - April 20, 2012 - www.InvestorIdeas.com, a global investor research portal for independent investors specializing in sector research issues a trading alert for SGOCO Group, Ltd (Nasdaq: SGOC), a company focused on building its own brands and retail distribution network in the Chinese flat panel display market, including LCD/LED monitors, TVs, and application specific products. The stock is the top gainer on NASDAQ this morning, trading at $2.2136, up $0.9334(72.91%) 12:06PM EDT on over a Million shares. The stock has a morning high of $2.34.
This is one of several China focused or China based stocks that have made the top gainers over the past few weeks on NASDAQ. There appears to be significant money flow back into the sector, with some of the high flyers moving on no apparent news.
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