Quite frankly, we have never seen a stock as thin as the one we are alerting this Friday. As a matter of fact, when you add up all the historical volume the stock has ever traded, it comes to roughly 5 million. That means the float is probably even smaller than that! Considering OTGI went from about .05 – .30 on our alert and it has a float of 11 million, imagine what our alert Friday might do???
Based on the historical trading volume, the float isn’t even 1/2 of what OTGI’s is. Also, like OTGI, our featured pick for Friday operates in a hot sector — oil and gas. And unlike most micro cap companies operating in the oil & gas industry who are simply trying to acquire oil wells, these guys already have them. The company has been silent regarding their operations for over a year, but our talks with management indicate to us that that may be about to change Priced around $0.25 per share, with potential news in the pipeline, and an incredibly small float, we are confident that this pick should do well in both the near and long term.
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