Dear readers, as a number of stocks both locally and overseas fell prey to the Wuhan coronavirus episode, there was one stock which has rallied against the backdrop of this episode.
This stock was at $0.05 on 17 January 2020 but in just twelve days (with even fewer number of trading days), this stock was at $0.196 on 29 Jan 2020. This translates into a gain of almost 300% and the stock was by now, should not be unfamiliar to many. This stock is none other than Medtecs International stock.
The rally of Medtecs International stocks was apparently due to the very strong demand of the facial masks. In some of the local previous haze-related episodes, Medtecs International stock also rallied, hence Medtecs International stock seems to be a rather situational stock play. There should be a fair level of speculative buys which has propelled Medtecs to such stellar performance in just twelve days.
Congrats for those investors who had bought Medtecs International stock in recent days whether it is due to speculation or good analysis to have profited 400% in just twelve days! But I would think as next step, Medtecs International stock could be sold off by sellers to lock in excellent profits. But who knows, the stock could still be driven to new heights too.
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