Cleantech Transit, Inc. CLNO
CLNO remains on our radars this mid-week. The stock has provided us with the chance at thousands in percentage gains in recent months.
We wanted to be sure to alert everyone about a forthcoming increase in the number of CLNO shares. The company has announced that it will undergo a 5 for 1 forward split, so we want to be cautious moving forward. After the split, we expect the stock price to be roughly 5X cheaper than where it sits now. On the positive side, it gives the company more wiggle room with regard to obtaining financing for business activities, so we are going to want to continue following the storyline on CLNO to see how it all plays out
Click here for a full copy of the filing.
Apple Options
Apple has powered upward so far this week, and this morning is trading up premarket, currently at $419.50. As the market opens, we will gauge the trend, and should it appear as if the upward momentum will continue, we will most likely turn our attention to the $420 Calls.
Yesterday those Calls traded in a range from .80 to 4.70 before falling to as low as 1.10 and closing at 2.60. We’ll look use that volatility to our advantage as we attempt to ride Apple to sizable profits as we have so many times in the past.
Extended Watchlist:
ZNGA, OCZ, FRO,