The week ended with a bang and there were lots of big winners on the OTC Markets. Here are 5 to put on Monday’s watchlist to see if momentum keeps them going.
It would appear that none of these companies has an ongoing business and they are all listed with stop signs or skull and crossbones due to a lack of current information for investors. But if there is one thing we know. If you have the stomach for it, stocks in these dormant companies sometimes make big runs.
Homeland Safety International Inc. (OTCMKTS:HSFI) HSFI closed the day up 411% on 9 million shares traded. This is 40 times its 30-day average trading volume. Looking at the chart we can see that HSFI has these one-day runs and typically settles back for a while before going again so it may come off some more. It makes the list because of its history of big one-day runs.
WRIT Media Group Inc. (OTCMKTS:WRIT) Here is another OTC market no information stop sign winner. WRIT ended the day up 140% to .0166 adding .0973 to yesterday’s close. Volume was 22 million shares and 2846 trades took place. WRIT has been trending higher the last few weeks and didn’t crash and burn at the close so there is a possibility of follow-through Monday. Keep an eye on it.
Hollund Industrial Marine Inc. (OTCMKTS:HIMR) May as well keep the trend rolling with no information stop sign winners so here we go. HIMR Closed friday up a cool 100% ending the day at .0012 up .0006. Volume was 159 million shares almost 20 times its 30 day trading average. HIMR made a big run back in February to .0023 so traders may be looking for a repeat. HIMR shares closed near the days high of .0014 so anything is possible.
Advantego Corporation (OTCMKTS:ADGO) ADGO finished the day up 92% at .0027. Volume was 592 million shares and 1939 trades took place. ADGO closed just under its Friday high of .003 so there were buyers around right till the end of the session. ADGO stalled today just under the March high and if it can get through that investors may be eying the 52 week high from February of .015.
Cerebain Biotech Corp. (OTCMKTS:CBBT) CBBT ended Friday’s session up 46% on 21.9 million shares traded. The stock closed at .0054 up .0177. Shares of CBBT went on a huge run from .05 to .47 in January and February so CBBT has a history of big moves investors may remember. Friday was the first up day in over a week on big volume.
Be sure to keep these stocks on your watchlist for next week to see if there is any follow through.