Micro cap stocks command a considerable following in the markets and for good reason too, considering the sort of gains these stocks can deliver despite the volatility.
Not too long ago, the Good Vibrations Shoes Inc (OTCMKTS:GVSI) stock had emerged as one of the major gainers among micro cap stocks but on Tuesday the stock had a sharp correction and declined by as much as 33%. While the stock may have declined, it may be a good idea to take a closer look at its rise and figure out if the fall might be an opportunity to get into the stock.
Recently, the Good Vibrations Shoes Inc stock made a strong up the charts amidst heavy interest from investors and enjoyed a significant breakout. At the time the stock was being accumulated heavily by investors and had emerged as one of the most popular stocks in its category on the markets.
On the other hand, it should be noted that the involvement of George Sharp with the company had also been a major factor behind the rally in the stock. At this point in time, it is going to be interesting to see if the Good Vibrations stock can actually make a recovery this week.