The Nano Mobile Healthcare Inc (OTCMKTS:VNTH) stock continued on its merry ways yesterday as investors continued to pile on to the stock in a big way. On Monday, the stock went up by as much as 38% amidst heavy interest and that took its gains for the past week to as much as 240%.
The rally in the stock is expected to bring it into focus among many investors today but it is also important to keep in mind that there has been no news about the company in recent days. In fact, many might argue that the rally in the Nano Mobile Healthcare might be a case of speculative trading.
The company has been largely dormant for a long time and the last time that any news emerged about it was back in 2019. At the time, it emerged that Joseph C. Peters handed in his resignation from his position on the board of directors at the company.
However, that was not all. Peters also resigned from his position as the chairman of the company’s board of directors and also the Chief Executive Officer of Nano Mobile Healthcare. At this point, investors could keep an eye out for any fresh news about the company.