ProText Mobility Inc (OTCMKTS:TXTM) Stock Falls On Profit Booking: A Good Opportunity?

Micro cap stocks may be generally volatile but they still command a loyal following in the stock markets due to the possibility of generating considerable gains over a short period of time.

One of the micro cap stocks that investors could consider taking a look into at this point is that of ProText Mobility Inc (OTCMKTS:TXTM). Yesterday, the stock actually declined by 10% but that was due to a case of profit booking from investors. It should be noted that over the course of the past week the ProText stock is up by as much as 40%.

The stock has made a strong upward move over the past week and has emerged as one of the more popular micro cap stocks during that period. In addition to that, investors have piled on to the stock in a big way in recent days and that has also made the ProText stocks one of the volume leaders among micro cap stocks.

At this point, the stock is being accumulated at an impressive rate and that is possibly one of the biggest reasons behind its strong performance. Investors could do well to keep the ProText stocks in their watch lists at this point.