OTC stocks to watch in the next trading session: Xinde Tech (WTFS), Mustang Alliances (MSTG), NeoMedia Tech (NEOM), Omni Ventures (OMVE) and Lifevantage (LFVN). Shares in the penny stock of Xinde Technology Co. (WTFS) rose 44.29% to $0.101 on volume of 3.85 million after the company received coverage from Wall Street Analyst Patrick J. Murphy of Murphy Analytics on Monday.
WTFS announced that Weifang Hengyuan Oil Pump and Nozzle Co., Ltd., a wholly owned subsidiary of WTFS, was granted two utility model patents for the injection pump regulator and for a clockwise regulator. The company is focused on designing, developing, manufacturing, and commercializing of fuel injection pumps, injectors, multi-cylinder diesel engines, and small generator units in the China.
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5 OTC Penny Stocks On The Move
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Mustang Alliances (MSTG) traded nearly $1 million of their otcbb listed penny stock on volume of 1.65 million shares to close down -30.38% at $0.55. MSTG shares reached as low as $0.52in yesterday’s trading session. Mustang Alliance’s stock price is down -25.68% YTD.
NeoMedia Technologies (NEOM) closed at their low for yesterday at $0.0208, down -9.57%, on volume of 23.38 million. NeoMedia was one of the hot penny stocks just weeks ago when a Global Grid owner Patrick Soon setpeed in during a 3 day period to take a huge stake in the barcode reader company.
Shares in Omni Ventures (OMVE)continued to surge since we at AimHighProfits sent out an alert on them on March 7th when the penny stock was trading at under a dime. The pinksheets listed shares of OMVE gained 11.34% in yesterday’s trading to close at $0.275. OMVE is up $0.175, 183%, since our alert on the penny stock.
Lifevantage Corp. (LFVN), a science-based company, engaged in the identification, research, development, manufacture, and distribution of nutraceutical dietary supplements in the U.S., closed up 2.7% on $1.5 million worth of trades on the penny stock. YTD, shares of LFVN are up 112.59%
Bottom Line: We know penny stocks and these 5 OTC stocks should be added to your list of penny stocks to watch. Think day trade when analyzing them since all have a significant amount of volume on them. WTFS would be the riskiest of the 5 to choose from since it was promoted yesterday with a breakout day. A bonus stock to watch in the coming weeks is RSRS, keep an eye on it.Share