It didn’t take long for traders to notice that, just like this time last year, apparel penny stocks get hot. As of midday, Lot78 Inc. (LOTE) is making its presence known by being on the top 20 traded list of OTC stocks. As stated in our issued penny stock alert to subscribers, once the first news of celebrities spotted wearing Lot78 apparel is released, traders will wish they had the chance to get LOTE stock at $0.93 off our alert.
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LOTE Stock Quote
Market Cap: 73.03M
Last: 1.28 ▲ +0.06 (4.92%)
Volume: 271,669
Dollar Volume: $335,333
Open: 1.22
High: 1.28
Low: 1.18
Trades: 156
Authorized: 75,000,000
Issued and Outstanding: 57,053,138
Insider Oliver Amhurst: 18,080,482
Insider David Hardcastle: 9,964,032
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News came out this morning displaying how Hollywood actress, Gwyneth Paltrow, is featured wearing Lot78 on NET-A-PORTER (see here). As we saw last summer when we issued alerts on Omni Ventures (OMVE) which ran from under 0.10 to over 0.50 over the course of a month, as soon as celebrities start to be connected to these apparel brands, the share price starts to take off.
Already up 36.56% since our alert, it’s not too late to get into LOTE stock and still see some considerable gains over the next few weeks. Now that it is beginning to show up on radar screens and the top 20 traded list, LOTE stock should begin to start seeing million dollar volume trading sessions as well.
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 |
| 03/21/13 | 1.2200 | +0.1000 | +8.93% | 839,200 |
| 03/20/13 | 1.1200 | +0.0800 | +7.69% | 934,700 |
| 03/19/13 | 1.0400 | +0.0900 | +9.47% | 744,000 |
| 03/18/13 | 0.9500 | -0.0100 | -1.04% | 23,400 |
| 03/15/13 | 0.9600 | -0.0100 | -1.03% | 62,882 |
Bottom Line: This announcement was just the first celebrity tie for LOTE. When trend spotters start tweeting pics of other members of the Entertainment industry, LOTE will eventually find its way up the list of penny stocks traded to eventually capture one of the top 5 spots. That’s when traders who got in off of our alerts on March 13 at 0.93 will be cashing out for huge gains — again!
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