Monday was another positive day for stocks. In large part due to hopes for COVID-19 treatments and vaccines as Trump accelerates certain approvals.
The S&P 500 was up 1% and Toronto was up 0.7%.
Among the gainers: Linamar was up 3.25%, AutoCanada was up 5.3%. , America Express up 3.3%,.
Ceapro was down 6.3%. This will likely continue to be volatile. One worry here is that the company would probably be eager to issue more shares as the price rises. And they have long used an investor relations / stock promotion type firm to try to get their price up. For the most part it has not worked. But occasionally the stock could rise because it is being promoted. I’d always rather see a stock rise because it deserves to. I think Ceapro did deserve this latest rise.