Those who might be on the hunt for micro cap stocks could consider taking a look at the Tonner One World Holdings Inc (OTCMKTS:TONR) stock, which made a big move last week. This past Friday, investors piled on to the company’s stock and sent it soaring by 20%, thereby taking its gains for the whole week to a handsome 80%.
The Tonner One World stock has moved from triple zeros to within touching distance of getting penny stock status in recent days. Over the past days, it has gained considerable attention from investors in the small cap space and more importantly, it has also attracted the attention of many of the big traders.
At this point in time, the stock is being accumulated at a remarkable rate and could be on the verge of breaking out in a big way at some point. Experts believe that the accumulation in the stock suggests that the stock could eventually replicate the sort of remarkable rallies that were last seen in micro cap stocks like Tesoro Enterprises and Enzolytics earlier on in the year.
The possibility of breaking out and clocking considerable gains may be one of the reasons why the stock may continue to gain traction in the coming days.