There are many investors who are almost always on the lookout for micro cap stocks and for good reason too, considering the sort of gains those stocks can generate despite the volatility. One of the micro cap stocks that could be worth following at this point in time is that of Regen BioPharma Inc (OTCMKTS:RGBP).
The stock has emerged as one of the popular micro cap stocks in recent times and made a strong upward run last week as well. Last Friday, the Regen stock managed to record gains of 17% and that took its gains for the entire week to as much as 55%.
The major reason behind the rally in the stock came about after it emerged on August 17 that Regen BioPharma’s patent for a cancer vaccine had actually been approved. In addition to that, the company could also be on the verge of getting Pink Current status on the OTC Markets and that could be another major trigger for the Regen stock.
In this regard, it is necessary for investors to keep in mind that at this point heavy accumulation is going on in the Regen stock and it is going to be interesting to see if the upward trend continued this week or not.