It is not surprising that investors are often on the lookout for micro cap stocks and that is primarily due to the sort of explosive gains that those stocks can often deliver. One of the micro cap stocks that could be tracked by investors at this point of time is that of Good Vibrations Shoes Inc (OTCMKTS:GVSI).
Although the stock corrected yesterday and declined by as much as 22%, it should be noted that it is still up by a staggering 850% over the past three months. During the past months, the Good Vibrations Shoes stock has been making an explosive run up the charts and has come into the attention of plenty of investors.
In addition to that, it is also necessary to point out that the stock has managed to clock massive trading volumes as well and experts noted that the trading volume was similar to the sort of volumes that had earlier been seen in the Tesoro Enterprises stock. The Tesoro stock had also been another massive micro cap gainer earlier on in the years. In addition to that, the Good Vibrations Shoes stock also emerged as one of the most searched stocks online and that is another indication of the sort of popularity that is enjoying at this point.
Market Reaction:
On Thursday, GVSI stock slumped 22% at $0.0232 with more than 68.03 million shares, compared to its average volume of 144.10 million shares. The stock had moved within a range of $0.0231 – 0.0275 after opening the trade at $0.0270. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0605.
 Stock Fall After The Recent Rise){kind=link}