ST Online (STOI.OB) Jumps 176 Percent
Share prices for ST Online Corp (OTCBB: STOI) skyrocketed almost 200 percent yesterday, leaping from $3.40 a share to $9.00 a share - and briefly charging as high as $25.00 a share around 3:30 yesterday afternoon.It looks like the company's latest press statement is responsible for the increase, if not for the amazing jump that occurred this afternoon. According to the statement, ST Online recently acquired all of the shares of Canadian-based energy company Park Place Energy Inc. that specializes in exploring gas and oil properties in Canada and the North Sea. This is an unusual acquisition for ST Online.…