With all the money penny stock traders made in the first 5 months of 2013, luxury vacations are sure to be on the top of the list of things to do this summer. If a top notch hotel in one of 5 continental U.S. states is on the list, maybe there’s a chance to make money and relax at the same time through Oriens Travel and Hotel Management Corp. (PINK: OTHM). Since bouncing off their low set 2 weeks ago and having their largest volume trading session of the year on Tuesday, making bank on OTHM stock while chilling poolside sounds like a ticket worth punching for a LOTE of that extra spending money made so far.
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OTHM Stock Quote
Market Cap: 365.21K
Last: 0.0027 ▲ 0.0011 (+68.75%)
Dollar Volume: $99,021
Issued and Outstanding: 135,263,180
14-Day Rel Strength: 71.67%
14-Day Stochastic: 90.48%
1st Resistance Point: 0.0032
2nd Resistance Point: 0.0037
1st Support Level: 0.0019
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Late to file their Q for the first 3 months of 2013, Oriens Travel and Hotel Management has been quiet on the PR front since announcing that the online booking systems had incorporated PayPal and GooglePay for easier transactions from prospective guests at their Hotel PURE branded and managed properties. While its old news, its good news since the Company failed to book the equivalent of one share of OTHM stock in revenues during 2012.
The lack of incoming cash flow and the drop in share price since early September from 0.037 has not scared away investors trading this midget of a momentum giant. Landing 13th on the top share volume traded OTC stocks Tuesday and closing within a nose hair from the HOD, all indicators are showing that OTHM is sick and tired of being a “low budget” penny stock.
Two things could push OTHM stock back towards their 52 week high of $0.037: 1) a Q1 filing with reported revenues in it and/or 2) some PR with some real meat on its bones that will allow traders to sink their teeth deep into what looks like a savory serving of surf and turf of a stock. Considering that roughly 33% of the issued and outstanding shares of OTHM traded yesterday, there isn’t going to be much left with all the supporters who are holding tightly on this sub-penny.
About OTHM Stock
Oriens Travel and Hotel Management Corp., by operating a boutique hotel brand, Hotel PURE, engages in the operation of hotels and resorts primarily in the United States and Central America.
Last 5 Trading Sessions:
After a rocky couple of months. OTHM has bounced hard off its trip-zeroes low and is looking like a penny stock worth booking a pre-market reservation for to do a virtual tour of. Since staycations are the thing when it comes to luxury resorts and hotels, staying n front of that L2 screen while playing OTHM stock with a bottle of bubbly beside you could make for a superb way to make enough money to finance that next trip to the Motel 6 nearest you.
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