When shareholders are looking to invest in companies like Apple (AAPL), investors typically wait a longer period of time to see a potential gain of 30% or more. This is generally true for most higher priced stocks. If you are looking more into penny stocks to buy the upside potential to reach a 30% return at a faster rate maybe much more plausible. Penny stocks are set up to allow investors to be apart of a trader’s market for lower entry points compared compared to large cap stock.
Progressive Care Inc (OTCMKTS:RXMD) through its subsidiary, Pharmco, LLC, provides prescription pharmaceuticals to individuals and institutions in south Florida. The company operates a retail pharmacy. Since late June the stock has moved from a low of 0.0049 to a high of 0.049. This represents a price increase of 900%.
Calissio Resources Group Inc (OTCMKTS:CRGP) undertakes the exploration and production of copper resource on its Jovita mining property. The company acquires and develops base metals projects in Mexico. In the beginning of August the company saw lows of 0.0016 and highs of 0.0033 creating an increase of 106.3%.
Hemp Inc (OTCMKTS:HEMPD) The company is in the business of research and development of all things made of industrial hemp. From clothing to nutraceuticals. These products are used all over America every day and are sold in the largest and most respected stores. Since hitting lows of $0.05, the stock has bounced back by more than 90% after hitting highs of $0.096 Friday morning.
Alpha Natural Resources, Inc. (OTCMKTS:ANRZQ) Alpha Natural Resources is one of the largest and most regionally diversified coal suppliers in the United States. With affiliate mining operations in Virginia, West Virginia, Kentucky, Pennsylvania and Wyoming, Alpha supplies metallurgical coal to the steel industry and thermal coal to generate power to customers on five continents. At the beginning of August, shares of ANRZQ were trading at $0.022 but have since increased in price as bullish momentum has pushed the stock to highs of $0.048. This increase in volume and price could be attributed to more attention on the bankruptcy case.