There were many stocks that managed to clock considerable gains this past Friday and one of those was Safer Shot (OTCMKTS:SAFS). There was no news about the company on Friday but the stock came into sharp focus among investors and went on to clock gains of as much as 33%.
It appears that the rally might be entirely speculative in nature but at the same time it might be necessary for investors to take a closer look and have some idea about Safer Shot. When there is no news about a company it is often a good idea to take a look at the company’s business and its management.
The company is involved in the non-lethal weapons industry and has emerged as one of the operators that investors could follow. At this point in time, Michael J. Black is the most important executive at the company. In addition to being the interim Chief Executive Officer, Black also serves as the Chief Financial Officer, Director, Secretary and Treasurer at Safer Shot.
He is a highly experienced executive and is also involved with the company InternetArray. Considering the latest gains made by the Safer Shot stock investors could consider keeping it in their watch lists for this week. On Friday, SAFS stock soared 33% at $0.0004 with more than 1.37 billion shares, compared to its average volume of 95.09 million shares. The stock has moved within a range of $0.0002 – 0.0005 after opening the trade at $0.0003.