Opportunity Abounds With Hot OTCBB Stocks
While many large companies have spent the past several years frantically paring back their operations, future players have been making their names as hot OTCBB stocks. So-called Bulletin Board stocks are very small companies that are just getting started or are just about finished. There are no minimum requirements for listing a stock on the boards, while the low trading volumes of most hot OTCBB stocks means that there is a fairly high trading commission. Naturally, there is an element of risk attached to investing in such companies, but the rewards can be enormous in comparison to the relatively small sums needed to get started in these stocks.
Turn Your Change Jar Into a Collection of Hot OTCBB Stocks
• Aptly named Florida Micro (FLMC) has been quietly building a portfolio of network solutions contracts with more than 25 government entities. This ensures a steady cash flow while the company pursues growth opportunities in other sectors of the IT services industry. FLMC has gone as low as a mere penny and as high as $5 in its 52-week trading range. With the price currently steady at around $0.70 and revenues of $36 million annually, the stock looks like it is ready to leg up into the upper ranks of hot OTCBB stocks 2012.
• For a stock that is certain to achieve a new high in 2012, CBIS, Cannabis Science Inc, is the way to go. Currently trading at $0.02, Cannabis has fluctuated from $0.01 to $0.14. Volume is appropriately high and its stock price equals its estimated earnings of $0.02 a share.
• Sonora Resources Corp (SURE) has been showing signs of breakout with its increased daily trade volumes and upward trending price. Its 52-week trading range is from $0.10 to $0.76 and currently stands around $0.44. Sonora is a mining operation with properties in northern Mexico. Many startup precious metals operations have been making the list of hot OTCBB stocks recently.
- Stocks Under 5 Dollars Are the Cream of the Volatility Crop How to Avoid Losing Big with Stocks Under 5 Dollars...
- Cutting the Risk with OTCBB Penny Stocks What Are OTCBB Penny Stocks? OTCBB penny stocks are penny...