Pinksheets stocks can rally with added interest when there is pending news , stocks tend to rally in anticipation or speculation. Regardless the Fundamentals, when the stock catches a major bid these stocks can eventually go without notice. Unfortunately there are many Investors that buy these stocks fishing for bottom and get emotional holding passed weakness and adding more and more until they get shaken out for a loss, but we have seen time and time again when a stock gives a signal and the Chart sets up with a pending catalyst and news the stock could very well rally upto 500-1000% this is the high risk and high reward for these stocks.
Recently a stock BB*A went from .0003-.0045 over 1000%
Lets take a look at the share structure:
B*DA Security Details Share Structure Market Value1 $6,746,000 a/o Aug 03, 2012 Shares Outstanding 1,499,111,020 a/o Mar 31, 2012 Float 1,457,111,020 a/o Mar 31, 2012 Authorized Shares 1,500,000,000 a/o Mar 31, 2012 Par Value 0.001
OTOW Security Details Share Structure Market Value1 $905,043 a/o Aug 03, 2012 Shares Outstanding 1,005,603,284 a/o Jul 18, 2012 Float 665,644,633 a/o May 10, 2012 Authorized Shares 1,500,000,000 a/o May 10, 2012 Par Value No Par Value Shareholders
Lets look at the chart comparison and look at potential and signals:
If the stock holds support and closes above .0009 this will start making a move higher and if the stock closes above .0011 then the stock will likely see .0016 -.0026 target , If the stock catches right momentum in anticipation or speculation of "End Of Summer" phone release as per last news:
This stock could see new highs
From OTC website there is no past history of reverse split posted:
All positive signals pointing for this stock as far as:
-Dilution
-CEO promises
-Long Investing or disgruntled investors
This is merely a technical trade with strong signals and probability of the stock to see a rally if the support holds and levels are reached , these stocks are high risk and high reward trading penny stocks are not for investing and the faint of heart