Investors are almost always on the lookout for micro cap stocks which might have made explosive moves and one of the stocks that could be tracked at this point in time is that of Puget Technologies Inc. (OTCMKTS:PUGE). Yesterday, the stock continued to move up and managed to clock gains of as much as 30%.
That took its gains for the past week to a staggering 105%. In this regard, it should be noted that the Puget stock has made a strong upward move in recent times and has moved from triple zero levels to just short of levels at which it could be called a penny stock.
The stock has also gained considerable traction among investors who are primarily involved in the small cap space and more importantly, many of the big penny stock traders have also started getting involved.
Hence, it is perhaps not a surprise that the Puget stock has managed to clock such handsome gains over the course of the past week. At this point in time, there is heavy accumulation in the stock and the stock is looking to tread the same path as some of the other major micro cap gainers this year like Enzolytics.
