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During the Thanksgiving trading week and the end of year holidays coming up can be a good time to take advantage of light trading especially in the OTC markets.
HC2 Holdings (OTC: HCHC) is a name I have been profiling since the $3.00 level and today hit a new all-time high of $8.35. It’s been an impressive run for HC2 and they have loyal following of traders that were not in the mix a few months ago.
November has been a surprising month for many investors of VUOC. Shares jumped on the 20th from $0.72 to $1.49 just five days later. Stocks are currently down -16.78% ($1.24) at the time of writing, after having opened at $1.18. Will it continue going down to this year’s average of $0.50 to $0.75? The 52-week low for VUOC is $0.36.
There is absolutely no glamour in garbage disposal. It’s one of those businesses that whichever way you slice it just stinks! Except when it comes to the actual business of it – then things begin to look like champagne and caviar. Big names like Waste Management (WM: NYSE) were pioneering in taking the business of waste from Main Street to Wall Street and turning “dirty” business into corporate business.
Trading in the Pink Sheet markets specifically has been more difficult to find solid plays and my normal focus is on the OTCBB market. However every now and again a stock comes along that either looks strong from a trading perspective or from a longer term view of purely being an undervalued company.
Shares of CYDY seem to be on the move again as last week marked strong performance jumping from $0.76 on November 20th to $1.00 on November 24th. This represents +32% to the upside in less than a week.