Good Vibrations Shoes Inc (OTCMKTS:GVSI) has emerged as a major mover from among micro cap stocks in recent weeks and the stock continued its steady ascent last week as well. This past Friday, investors continued to pile on to the stock as it ended the day with gains of 31% and that took the cumulative gains for the whole week to a handsome 43%.
In the early days of September, the Good Vibrations stock had suffered from a sharp decline but since then it managed to recover strongly and continued to add to the gains in a steady manner.
At this point in time, Good Vibrations is one of the most popular micro cap stocks in the market. Considering the sort of popularity that it has enjoyed, it has become the leader in the micro cap space in recent weeks and it is steadily attracting new investors on a daily basis.
In this sort of situation, it is perhaps not a surprise that the Good Vibrations stock has managed to record such considerable gains. It has enjoyed what experts call a blue sky breakout and it is going to be interesting to see if it can continue to add to its gains or not.
