Published on Nov 6, 2013 4:50 am
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OXBT (Oxygen Biotherapeutics Inc.) continued it's incredible climb upward yesterday, with a close up another 62.33%. This movement is impressive, regardless of the price of the stock but though we generally push to alert incredibly low priced stocks, this play affords us the opportunity to shed light on a fast moving play that finds itself far removed from the pennies. The move that OXBT saw today, was a move from a price per share of $5.15 to a close of $8.36. Not to mention that the high for the day was $9.75. OXBT is a special play that goes to show that with a reasonable float, even stocks priced well into the dollars per share range, can see swift movement given the proper catalysts being in place. With the momentum that OXBT has gathered as of late, we believe there may very well be a great deal further for this play to go but urge all readers to exercise extreme caution when looking at this play. This stock has seen significant price appreciation over the course of a very small span of time, so it stands to reason that the basing may not be as great as some may hope. The promise here is great but there is always the constant realization that anything can happen and there are no guarantees that this will continue to garner the same degree of attention that it has been. Still, OXBT has managed to remain one of the most powerfully trading stocks in existence over the course of the past weeks worth of trading, so it is definitely one to keep a close eye on.
OXBT has proven itself to be a serious power play and it is for this reason that we have gone through the trouble of unearthing numerous power plays that are set to be released to our subscribers in the near future. We will be releasing these special alerts to our Platinum Members before anyone else, so
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