If you are currently on the hunt for stocks which might have recorded handsome gains over the past few days then it could be a good move to take a good look at the ICOA Inc (OTCMKTS:ICOA) stock.
The stock was in the middle of another rollicking run yesterday and managed to clock gains of 50%. Yesterday’s rally took the cumulative gains made by the stock to as much as 150% over the course of the past week. On Thursday, the company sent out a shareholder update in which it noted that the ICOA management approved the company’s decision to apply to the OTCIQ.
It was also announced that ICOA would now start working on the process to upload all the requisite filings to the OTC Markets in order to get Pink Current status. It is a significant development for the company and potentially getting the Pink Current status is going to make the ICOA stock more of an attraction for many investors.
It is now going to be interesting to see if the stock can maintain its momentum over the course of the coming days. Investors could do well to keep the ICOA stock in their watch lists at this point.