Isn't moving from the BB to the AMEX suppossed to be a good thing? I always thought the move meant a stock was doing well enought to keep moving up.
This company, EVK formerly EVGY.BB
, just listed on the AMEX and it seems their stock has just dropped. It wasn't that high to begin with however, hovering around 4.5-5 it's now at 4.2-4.3...well...might not be a big drop to you, however will it pull back up?
Ever Glory manufactures and sells clothing for men and women ranging from casual to sportswear. this listing might help them and perhaps this might just be an off day.
Last year they had revenues of $70.34 million (USD) and over the years they've seen a steady 30% increase in annual sales.
will it keep on rising? is it a good buy right now and just let it ride?