The trading days just before Christmas and those between Christmas and New Year are generally exemplified with much lighter volume than your average "non-Holiday" trading day. With this lighter volume, it is not unusual to see Low Float stocks make parabolic moves for no reason.
What is a Low Float stock? Low Float is typically defined as the stock of a Company with less than 5.0 million shares outstanding. With so few shares outstanding, it is easy for the momo crowds to push the stock prices higher with ease.
Rules of Trading:
The key to making money in the Low Float craze is to be in these stocks before the crowds lock in and begin running up the price. Once the volume and price appreciation comes to the security, let go of your holdings. Don't chase these moves. You will never go broke taking a profit.
List of Low Float Candidates for the Coming Weeks:
CLRX, BOSC, CBMX, MTSL, CLNT, EBOD