Micro cap stocks are often followed closely by investors because these stocks, despite being highly volatile, can often generate enormous gains in a short period of time. One of the micro cap stocks that could be worth tracking at this point in time is that of Cyberlux Corporation (OTCMKTS:CYBL).
Over the course of the past week, the stock has managed to record gains of as much as 100% and hence, it might be a good time to perhaps start tracking Cyberlux. The stock started making a strong upward move after the company recently announced that it had made its filings and was going to move to pink current status on the OTC Markets.
The change in status for the stock is a major development for the company and hence, it is no surprise that the Cyberlux stock has come into such sharp focus in recent days.
In addition to that, it is also necessary for investors to keep in mind that the trading volumes in the stock have also gone through the roof in recent times and that is almost always a good sign for a micro cap stock. Cyberlux is now emerging as one of the more popular micro cap stocks in the market and it will be interesting to see if it can continue to add to its gains this week.
Market Reaction:
On Monday, CYBL stock ended flat at $0.0108 with more than 498.60 million shares, compared to its average volume of 121.03 million shares. The stock had moved within a range of $0.0090 – 0.0135 after opening the trade at $0.0121. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0135.
 Stock Doubled in a Week: But Why?){kind=link}