Published On: Wed, Jul 31st, 2013

Bergamo Acquisition Corp. (OTCMKTS:BGMO) Trading Report – 07/30/2013

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Shares of Bergamo Acquisition Corp. (OTCMKTS:BGMO) had been moving on in declining trend for the past six months of trading with marginal corrections to present some short term returns to the investors. However, the stock had moved on to make huge returns with the trading session on Tuesday to present higher level of returns to the investors. The stock had also attracted huge investor attention in the OTC markets on the day to further support this surging trend in prices.

This recent surge in prices reported by the penny stock of Bergamo Acquisition Corp. (OTCMKTS:BGMO) had proved to move the company away from the bottom at $0.01 per share. The share prices of this stock had been declining gradually from its peak touched at $0.06 per share early in January 2013 and this bearish trend had pushed the stock to plunge to bottoms at $0.01 per share by the last week of July. However, this recent surge in prices had proved effective to recover the stock from its lower level and the penny stock is presently at half way through the recent peak.

The decline in prices that had started by the end of January 2013 had moved off the stock to trade at levels less than $0.04 per share and the stock had been presenting higher level of volatility in the share price movements to present significant returns to the investors in the short term. However the long term returns of the shareholders had been quite distressing due to the bearish trend in prices. With primary focus on the investments in financial instruments and related companies in the worldwide markets, the company had been targeting to form an effective diversified portfolio including the corporate and middle market firms for sole purpose of acquisition.

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