CORAL GABLES, FL / ACCESSWIRE / May 20, 2015 / There's been a lot of activity in the markets recently and specifically in the OTC. This year traders have seen some incredible wins, many of which have come from stocks that trade far less than $0.10 and even those trading below $0.01. There's a general knowledge that penny stocks or "lower priced stocks" can involve an enormous amount of risk, which includes higher volatility. With company like Apple Inc or IBM relying on large moves in price for relatively smaller percentages along with the uncertainty for novice investors to dive into the options market, penny stocks have opened a door for a simple strategy to buy low and sell high where possible.
Recently social media has taken center stage where trader buzz via tweets, posts, and even live chat have given rise to increased investor awareness. Many of the most talked about stocks like Enviro-Serv, Inc (EVSV), Hangover Joe's Holdings (HJOE), or even beverage company NoHo, Inc. (DRNK) have all received a fair amount of attention in the blogosphere during recent weeks.
Tuesday morning Enviro-Serv (EVSV) released its first shareholder update of the quarter highlighting key milestones and current developments. Chris Trina, Enviro-Serv CEO stated, "We have already posted a record April and are on pace for a record May. Based on the overwhelming amount of calls we've already received during the beginning of Florida's swarming termite season, I expect Q2 and Q3 to have a very favorable impact on our cashflows."
With this news, shares of EVSV saw new highs of $0.0015; a price it hadn't seen since August of 2014. Furthermore, volume has also picked up in the market and has surely been an indicator that current and potential shareholder have come across. Daily liquidity numbers have jumped from an average of less than 1 million shares a day at price of approximately $0.0002 during the month of April to now having an average volume of a little over 87million since May 1st. Price has moved up from lows of .0001 (May 4) to highs of $0.0015 (May 19).
Hangover Joe's has also received its fair share of attention during the last few weeks of May. Following an opening price of $0.0003 on May 1, shares of HJOE have moved up in price to highs of $0.0062 in the matter of just a few days. Following a pull back to $0.0019, Hangover Joe's has once again found itself up roughly 121% since hitting those low prices last Friday.
Hangover Joe's recently launched the Git-R-Done Energy Shot, the first all-natural two-ounce energy shot that has no added caffeine according to the Company. The U.S. Food and Drug Administration does not allow soft drinks to have more than 0.02% caffeine, but energy drinks are not subject to this limit which has caused a firestorm of concerns about the amount of caffeine that goes into these energy drinks. In License with Larry the Cable Guy's Git-R-Done Productions, the Git-R-Done-Energy shot is the first healthy energy shot available to consumers.
NoHo, Inc. (DRNK) has found itself in the social media spotlight following a recent run of more than 700% since May 1st. In April the company announced that they have signed a distribution deal with A.R. Artemis Import and Distribution, Inc., a subsidiary of Wissotzky Tea, to distribute NOHO beverages throughout Israel. "We are very confident that the NOHO beverages will be successful in the Israeli market place. We look forward to getting NOHO on the shelves and into the hands of people before summertime. NOHO Gold tastes amazing and its healthy ingredients will put in a league of its own." says Oren Rauch, CEO of A.R. Artemis Import and Distribution.
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SOURCE: Daily Stock Reporter
