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Woodstock Holdings, Inc (OTCMKTS:WSFL) surges out of the blue

Woodstock Holdings, Inc (OTCMKTS:WSFL) has gained more than 350% today on a significant volume. We did not notice any press release issued the company that could have attracted the traders and investors.

The website (http://www.woodstockholdingsinc.com) looks absolutely bland with no real information except for the the mission statement of the company.  “The mission of Woodstock Holdings, Inc. (WH) is to seek out candidates for acquisition that will build value for our shareholders. We currently own 100% of Woodstock Financial Group, Inc. (WFG), a FINRA member broker dealer licensed in all 50 states and Puerto Rico. WFG is also licensed in many states as an insurance agency and is an SEC registered financial advisory firm. Woodstock Holdings does not limit our investments to the financial services industry. In fact, our long term objective is to hold investments in diverse industries”.

We stumbled upon the un-audited report for the quarter ended September 30, 2014. It seems the company has total assets of approximately $2.8M with total liabilities at approximately $1.62M. It appears that the company’s cash flow status has turned positive from its previous loss in 2013. Current cash flow from operating activities is about $266K.

More information can be found here

http://www.otcmarkets.com/otciq/ajax/showFinancialReportById.pdf?id=128578

In any case, be sure to do your due diligence and weigh out the risks, especially when dealing with stocks that grow rapidly for no apparent reason.

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