In recent times, Tiger Oil and Energy Inc (OTCMKTS:TGRO) has emerged as one of the more intriguing companies for investors. Its stock has recorded strong gains from time to time despite there being no material news about the company and it happened again on Monday as investors piled on to the stock yet again.
The Tiger Oil stock ended up clocking gains of as much as 60% on Monday without any news about the company. However, in light of the gains made by the stock yesterday, it might be a good idea for investors to take a look at a development from back on August 4.
That was actually the last time when there was any news about Tiger Oil. At the time the company announced that that the application that it had made to the OTCIQ had been approved.
That was a major development for the company and more importantly, Tiger Oil also announced that after it got the much needed approval it was going to start making submissions of its financials as well as other related filings. The company revealed at the time that it wanted to be up to date prior to the deadline that had been set by the United States Securities and Exchange Commission.
