There are certain stocks that may be a bit under the radar at this point in time but when it comes to successful investing, it is absolutely necessary for investors to ensure that they can unearth some stocks of that nature from time to time. This article is going to take a look at some of those stocks and before the start of the trading day; it may be a good idea for investors to add some of those to their watch lists.
Rogue Baron Plc (OTCMKTS:SHNJF) – The first penny stock that makes it to this list is Rogue Baron Plc, which has come into focus in recent times due to the sort of work that is doing in the premium Japanese whiskey market.
The premium spirits company is currently involved in putting in place processes that is going to help it in meeting the surging demand in the market for Japanese whisky. The secret sauce for the company in this regard is the premium whisky brand Shinju Japanese Whisky, which it owns. Rogue Baron has also noted that it has put in place a long-term strategy that is not only going to be attractive to consumers but also to investors and also to bigger brands who might wish to acquire the company.
If an acquisition does happen then it may result in the stock delivering considerable gains to long-term investors and that is a possibility that may be on the back of the minds of many investors. The taste of Japanese whisky is quite similar to Scottish whisky and that is the reason why the market for the variant is growing. Rogue Baron is looking to cash in on it.
WikiSoft Corp (OTCMKTS:WSFT) – While it is true that the WikiSoft Corp had a forgettable time last week and tanked by as much as 32% during the period, it should be noted that despite that fall, it is still up by as much as 250% for the past month. Hence, this morning, it is going to be interesting to see if the stock can actually get back its momentum and make a recovery.
The company had come into focus back on June 16 when it emerged that it had completed the filing of a POSAM for the withdrawal of its registration statement that had originally been filed with the United States Securities and Exchange Commission on July 30 last year. WikiSoft Corp is looking to deregister the residual shares since it is going to have a change in its name, operations, and ticker symbol.
Solar Integrated Roofing Corp (OTCMKTS:SIRC) – had a mild correction in the previous and fell 5%. However, the stock is still up 30% over the past week.
While there was no news about the company on Friday, it ought to be noted that earlier on in the previous week, the company had made a significant announcement. It announced that it had settled a legal action with K Hunter Ballew, RoofCon LLC, and Upward Holdings Group LLC amicably. It may have come as a source of considerable excitement for investors and that may have been the reason behind the rally that was seen in the stock last Friday. It remains to be seen if the stock can maintain its momentum today.
1812 Brewing Company Inc (OTCMKTS:KEGS) – It was a fairly hard day in the market for investors in 1812 Brewing Company Inc as the stock suffered from a massive selloff and ended the day with a decline of as much as 49% as a consequence.
As it happens, the company was actually in the news yesterday after it announced that the Department of State of Florida had corresponded with 1812 Brewing Company with regards to its Articles of Amendment to the Articles of Incorporation of the company.
By way of this move, the company is going to reduce the number of its authorized shares by as much as 50% and that works out to 10 billion shares in total. While such a move is generally seen as a positive, the investors did not seem to like the news and the stock fell like a stone.
Verus International Inc (OTCMKTS:VRUS) – The next one that you might add to your watch lists is the Verus International Inc stock, which emerged as one of the biggest movers on Wednesday and ended the day with gains of as much as 62%.
The company, which is involved in the hemp-based and food products industries, made a key announcement the day before yesterday and that may have been the reason behind the rally. Verus International had announced at the time that it had decided to expand the range of products that are going to be sold by its joint venture with premium CBD firm Fjord.
Indoor Harvest Corp (OTCMKTS:INQD) – Last but not least, it is the Indoor Harvest Corp stock that may need your attention. While it is true that the stock fell by 7% on Wednesday, it is still up by as much as 135% in the past week.
There has been no news about the company in recent days but last week it had announced that its current CEO and CFO, Leslie Bocskor had been made a director and also became the Chairman of the board.