Eagle & Beagle
In the wake of devastating tornadoes, a week ago in this space I skipped my usual market commentary.
Now, having just climbed out of a shelter, I say the heck with the weather. I'm going with to stick with business as usual, which is business.
Our best-performing local stock over the past two weeks was Tulsa-based Syntroleum Corp., which is seeking to commercialize its proprietary method of synthesizing fuel out of things like animal fats and grease.
The stock added a robust 23 percent over the past two weeks, which included Thursday's 17-percent jump.
There was no major news issued by the firm, but the strong trading volume that accompanied Thursday's big rally makes one suspect that there might be some news forthcoming.
In recent weeks, heavier-than-normal volume in SYNM trading has coincided with price gains.