Gaining as much as 150% as of today’s HOD since our alert, the penny stock of Lot78, Inc. (LOTE) broke out in a big way. Highlighted as a possible repeat as one of the apparel-focused penny stock alerts we issued last spring which gained over 440%, LOTE stock held nothing back on Wednesday off no new news. On a day when trading produced a number of “red” endings, closing out the session as the 10th most actively traded OTC stock shows promise that continued gains could follow for the remainder of the week.
LOTE was the highlight of our long trading ideas alert issued on March 12 (see here). The best part is that that it still has a long way to go and $2.33 will be surpassed early on Thursday’s session.
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LOTE Stock Quote
Market Cap: 128.94M
Last: 2.26 ▲ +0.40 (+21.51%)
Volume: 469,513
Dollar Volume: $939,634
Open: 1.87
High: 2.33
Low: 1.69
Trades: 713
14-Day Rel Strength: 82.97%
14-Day Stochastic: 91.67%
1st Resistance Point: 2.4967
1st Support Level: 1.8567
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We told you there was a lot to love about LOT78’s LOTE and we think we have one even better. We have been researching another penny stock which we think can outperform LOTE stock in half the time, if not less, which we are likely to issue an alert on in the coming days.
While being able to make $3,500 off of a $2,000 trade on LOTE stock a month ago, this new profile, as soon as its ready, could be one for the record books as one of those “once in a blue moon” opportunities that every trader wishes they had a chance to have gotten into at the early stages.
About LOTE Stock
Lot78 Inc., featured in US Weekly, Elle Magazine, Financial Times, Harrods Magazine, The London Evening Standard, and Grazia Magazine as an emerging global brand, is a trend-setting leader in the design, marketing, distribution and sale of urban apparel.
Click here to view the SEC filings for LOTE.
Click here to view the website for Lot78.
Last 5 Trading Sessions:
| Date | Last | Change | % Change | Volume |
| 04/17/13 | 2.2600 | +0.4000 | +21.51% | 469,513 |
| 04/16/13 | 1.8600 | +0.0600 | +3.33% | 212,900 |
| 04/15/13 | 1.8000 | +0.0500 | +2.86% | 99,800 |
| 04/12/13 | 1.7500 | unch | unch | 68,800 |
| 04/11/13 | 1.7500 | +0.0400 | +2.34% | 191,000 |
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Bottom Line:
We know penny stocks and if you think LOTE was a good one, just wait until you see our upcoming “Breakout Alert.” It will send your head spinning its that good.
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