Published On: Wed, Jul 31st, 2013

Regeneca Inc. (OTCMKTS:RGNA) – Trading Report – 07/30/2013

Share This
Tags

Shares of Regeneca Inc. (OTCMKTS:RGNA) had been moving on to end the flat trend in prices that had set on the stock since early December 2012. While the stock had been trading at the level of $0.0003 per share for the past eight months, this flat trend now seems to have ended with the stock touching as high as $0.0005 per share on Tuesday, thereby presenting whopping 150% gains in the prices. There had not been any significant trading activity in the stock in the past months of trading and the average volume had just been at the level of 156,965 shares per day.

However, on Tuesday the stock appears to have been the choice of most of the investors in the OTC markets with the trading volume at 100 times the average level at 15.97 million shares for the trading session. While the stock had been presenting high level of volatility in the share prices during the period between September 2012 and December 2012, it appears that the stock had not been of much attraction after that. Investors had almost stopped trading in this penny stock in the recent eight months until Tuesday when there had been heavy flocking of the traders.

Regeneca Inc. (OTCMKTS:RGNA) had been presenting significant returns to the investors through its high level of volatility in the past. However, the traders had been waiting for the stock to present any cash returns in the recent months of trading. However, the investors had recently been presented with huge returns on Tuesday and it is expected that this trend would continue in the near future. However, the company had not presented any significant positive news releases in the near past to support huge surging trend in prices. Thereby it would be better to make cautious decisions on this penny stock.

© Copyright 2016 OTC News Magazine. All rights reserved.