There has not been any news about JPX Global Inc (OTCMKTS:JPEX) for around two years but that has not stopped investors from piling on to it in a big way. In recent days the stock has attracted a lot of attention from investors and on Friday, it recorded gains of as much as 35%.
That took its gains for the past week to 60%. However, in the absence of any material news about the company, many investors might feel that the rally was probably driven by speculative trading. In this situation, it might often be a good idea to take a closer look at the company and the nature of its business.
The company is still at a development stage and is looking to provide waste management services in the Mexican market. At this point in time the company’s range of services include recycling, storage and disposal of toxic wastes that originate in different industrial operations.
In the past, the company had been known as Jasper Explorations Inc but back in January 2013 it formaly changed its name to JPX Global inc. At this point, it might be a good move for investors to keep an eye on the news with regards to JPX Global.
