Cybernetic Technologies Ltd (OTCMKTS:HPIL) stock More Than Doubled in a Week: What’s The Buzz?

Investors are often on the hunt for stocks which might have recorded handsome gains within a relatively short period of time and by that token, it might be time to look into the Cybernetic Technologies Ltd (OTCMKTS:HPIL) stock. The stock continued to be on the radars of investors yesterday and ended the day with gains of 18%.

As a matter of fact, the rally yesterday took the gains made by the Cybernetic stock to as much as 100% over the past week. The rally in the stock had actually started after a key announcement from World Gaming Group last week, a business division of Cybernetic.

World Gaming Group announced that it was going to launch its own Tournament Platform that is going to be made available to millions of gaming enthusiasts from all over the world. It goes without saying that the lunch could well turn out to be a major boost to Cybernetic Technologies and its ambitions of becoming an important operators in the fast growing gaming space.

The platform is going to be quite unique since participants could win actual cash prizes and GAMEZCASH TOKENS by playing in multi level tournaments. It is a stock that could be added to the watch lists at this point.

Market Reaction:

On Wednesday, HPIL stock surged 18% at $0.0065 with more than 266.03 million shares, compared to its average volume of 373.68 million shares. The stock has moved within a range of $0.0055 – 0.0073  after opening the trade at $0.0058. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0119.

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