Micro cap stocks may be volatile in nature but at the same time it should be noted that they can also deliver enormous returns and hence, investors are always on the lookout for such stocks.
One of the micro cap stocks that investors could consider looking into at this point in time is that of Regen BioPharma Inc (OTCMKTS:RGBP). In recent days, the Regen stock has made a major upward move and the trend continued on Wednesday as the stock soared by 19% following heavy interest. Yesterday’s rally took its gains over the course of the past week to as much as 90%.
It is clear to see that the stock has been making a massive run up the charts over the past few days and much of the rally has been triggered by the fact that back on August 17 the company announced that its cancer vaccine patent had been approved.
On the other hand, Regen also seems to be on track to be given Pink Current status by the OTC Markets and that has possibly proven to be another positive trigger for its stock. In light of the latest rally, it could be a good move for investors to keep the stock in their watch lists.