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Playmaker Capital Inc (OTCMKTS:PMKRF) Stock Continues to Consolidate After Recent Move

Madison Hall , , , ,

Stocks may trade in a range but if there is associated news then investors could do well to take a look into it as well. Last Friday the Playmaker Capital Inc (OTCMKTS:PMKRF) stock was trading in a range but at the same time it may be a good idea to note that the company also announced that Nicole Musicco had been named as the new Chief Investment Officer at the California Public Employees’ Retirement Scheme.

Market Stats

On Friday, PMKRF stock ended flat at  $0.48 with more than 20K shares, compared to its average volume of 2.5K shares. The stock moved within a range of $0.4800 – 0.4800 after opening trading at $0.48.

Playmaker Capital Inc. Congratulates Nicole Musicco on Her New Role as CIO at CalPERS

Musicco is actually a member of the board at Playmaker and hence, this appointment is a significant one for the company as well.

Another reason why this appointment is important is due to the fact that the California Public Employees’ Retirement Scheme is the biggest public pension fund in the United States as this point in time. She is going to assume charge on March 28 this year.

It could prove to be a massive new opportunity for the company’s board member but at the same time it is also true that it may not have any material impact on Playmaker as a company. Hence, it was perhaps not a surprise that the Playmaker stock traded within a range last Friday.

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.