$HJOE CORAL GABLES, FL / ACCESSWIRE / May 18, 2015 / Volatility: the keystone to many day traders' strategies. The market for penny stocks could be said to have some of the highest volatility and risk present in the entire stock market but this is what has driven gamblers, high volume traders, and even novice investors to focus on profiting from many of these speculative investments. The scenarios for high risk and high reward continue to fuel the mindset of would-be Gordon Geckos in today's small cap and micro cap market.
Within this arena one can find "emerging growth" or "development stage" companies working to further the progress of anything from a hangover cure like Hangover Joes ($HJOE) to medical cannabis testing similar to what Pazoo Inc (PZOO) is undertaking. There are even companies like Enviro-Serv (EVSV), which focus on projects dealing with property maintenance & pest control. As of late, many of these penny stocks and sub penny stocks have taken a spotlight with higher risk investors and many have seen weekly moves that have been to the tune of more than 100%.
Enviro-Serv, Inc. announced this morning that the Company has formally signed the necessary franchise agreement with Pestmaster Services a national Franchisor with 30 locations and a dominant player in the Governmental contracts sector for pest control to control the Tampa Bay Pest market. Over the last 2 weeks, shares of EVSV have not only seen an increase in trading volume but price has also found a new bull trend. Since April 30 the price of the stock has climbed by as much as 1,300% after hitting morning highs of $0.0014 on May 18.
Hangover Joe's Holding Corporation has also seen an increase in volume and price during the better part of the last 2 weeks. Shares of $HJOE have climbed from $0.0002 on April 30 to highs of $0.0062 on May 14. After pulling back to lows of $0.0019 on Friday, shares of Hangover Joe' have rebound by as much as 84% following highs of $0.0035 on Monday afternoon. Hangover Joe's recently announced that its Git-R-Done-Energy Drink will be featured on FYI owned by A+E Networks, a joint venture between the DisneyABC Television Group subsidiary of The Walt Disney Company and the Hearst Corporation. Food Factory USA is a television series produced by Cineflix airing in Canada on Food Network Canada, and in the United States on FYI.
Pazoo, Inc. announced last week that a grand opening event will be held in the afternoon of Wednesday, June 3, 2015 for its Las Vegas testing lab. According to the company, the facility's construction has been completed, and all of the necessary testing machines have been delivered, installed, and are ready to be operational. In a recent company update Pazoo highlighted key changes in management as well as briefly discussing its annual report. Over the course of the last 2 weeks, shares of PZOO have seen mixed trading but since hitting lows of $0.0081 Friday, price has come back by as much as 48% following Monday's AM highs of $0.012.
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