The OTC Markets can often offer excellent investment options for investors and hence, it is perhaps not a surprise that even though the markets are volatile now, the focus on this particular market is as strong as ever.
There are a number of OTC Markets stocks which have the capability of moving markets in a big way one way or another and such stocks could well be worth looking into at this point in time. Before the start of the trading day today, it may be a good time to take a look at some of those stocks. This article gives you a glimpse into 5 such stocks.
Wearable Health Solutions Inc (OTCMKTS:WHSI) – One of the stocks on the OTC Markets to have moved big in the past weeks is the Wearable Health Solutions Inc stock. Over the course of the past month the stock has managed to clock gains of as much as 70%. It may be a small company but it is involved in a fast growing industry, namely, the wearable medical devices industry.
It seems many investors have found a compelling reason to back the Wearable Health Solutions stock since they believe that it may be undervalued. The company has already brought a number of wearable medical devices to the market already and the products have proven to be reliable and efficient.
It may be a small company but due to its products Wearable Health Solutions is competing with some of the behemoths of the industry and that is another factor that may be on the minds of many investors.
Touchpoint Group Holdings Inc (OTCMKTS:TGHI) – The next one which could well turn out to be a market mover today is the Touchpoint Group Holdings Inc stock, which has had a fairly volatile time in recent days. Yesterday, the stock had been in the middle of a selloff and had gone down by as much as 44% for the day.
However, the stock is still up by 45% over the past week despite the latest losses. There has been no news about the company in the past week which may have influenced the volatility either. Touchpoint Group Holdings is a company that operates in the software development space through its network of subsidiaries.
At this point in time, the company has its operations in United States, China and the United Kingdom. Most of its work is related to the sports and entertainment industries and it may be a good idea for investors to keep an eye on the Touchpoint Group Holdings stock today.
Protext Mobility Inc (OTCMKTS:TXTM) – In the past few days, Protext Mobility Inc has emerged as one of the biggest movers in the OTC Markets and it continued yesterday as the stock ended up with gains of as much as 49%. As it happens, the rally in the stock on Wednesday took its gains over the course of the past week to a staggering 450%. The company was in the news earlier on in the week on Monday when it emerged that it had been acquired by Republic of South Africa Medical Marijuana Dispensaries Acquisitions LLC.
The acquisition is going to be made completely through a share swap. The entirety of the capital stock in Republic of South Africa Medical Marijuana Dispensaries Acquisitions is going to be exchanged for the preferred stock in Protext. The news about the acquisition may have been one of the major reasons behind the strong rally in the stock over the course of the week so far. It may be a good time to add it to your watch lists.
RJD Green Inc (OTCMKTS:RJDG) – The next one to make it to this list is the RJD Green Inc stock which had actually been in the middle of a selloff yesterday and went down 8% for the day. That being said, it should also be kept in mind that despite the fall in the stock price, the RJD Green stock is still up by as much as 66% in the past week.
The company operates in the form of a holding company and is involved in the acquisition and management of companies and assets. There has not been any news about the company in recent times but it may be a good move to keep an eye on it nonetheless.
Plandai Biotechnology Inc (OTCMKTS:PLPL) – Last but not the least it is the Plandai Biotechnology Inc stock which may be the one to watch in the OTC Markets. The stock rallied strongly on Wednesday and went up by as much as 35% amidst heavy interest. That took the gains made over the past week to 100%.
Not too long ago on May 23 the company had actually come into focus after it announced that it had inked a non-binding letter of intent for the acquisition of the Leukocyte Reduction Blood Filtration System from Puriblood Medical Co Ltd.
