Anyone who is looking into stocks which might have recorded strong gains over the course of the past week could consider looking into the ILUS International Inc (OTCMKTS:ILUS) stock.
The company, which is primarily involved with mergers and acquisitions, saw its stock clock gains of 26% on Wednesday as investors pile on in a big way. That took the gains made by the ILUS stock over the course of the past week to as much as 58%. There has been no fresh news about the company in recent days but it should be noted that ILUS has made significant progress this year so far.
The company has already completed the acquisitions of as many as three companies so far this year and on top of that, it is also working on a range of other acquisitions.
On the other hand, ILUS is also involved in the development and testing of new technologies which can further enhance its portfolio of patented disruptive technologies. Hence, the excitement and optimism around the ILUS stock at this point in time is understandable. It now remains to be seen if the stock can hold on to its momentum and continue to add to its gains in the coming days.