Allied Energy Corp. (OTCMKTS: AGYP) Jumps 21%+ As Short Squeeze Is Forced By AGYP Progress
Not only did Allied Energy Corp. (OTCMKTS: AGYP) close today 21.06% higher at $0.6295, shares traded reached 794,430 — a flurry well above the 428,172 average. AGYP even touched $0.65 in intraday trading. The shorts are watching a boutique oil and gas firm which specializes in reworking and re-completing existing oil and gas wells that have proven reserves. AGYP has broken out of its $0.51 resistance point and is nearing…