Had breakfast the other day with friend. Talked about stocks and he said he bought CCM. Huh? What is that? I nvr heard of this one before.
At that time was 26 cents. Now 29 cents. I got more curious & checked the charts. Blur!
This one shot up from 9 cents to 29 cents --- in just 5 weeks. Started from early June.
SINGAPORE, 20 JUNE 2011 – Catalist-listed CCM Group Limited (the “Company” and
together with its subsidiaries, the “Group”) announced that its wholly-owned subsidiary,
CCM Development Pte Ltd (“CCM Development”), has signed a non-legally binding
MOU with the Government of Dianjiang County, Chongqing Municipal, PRC to develop
an eco-tourism holiday resort, to be known as CCM Group International Eco-Tourism
Holiday and Leisure Resort, Dianjiang, Chongqing (“Resort Project”).
-- don't know what's so special abt this project that it can trigger price runup