Are These Stocks Worth The Risk? Sonomax Technologies (SXHHF), Worldwide Diversified Holdings Inc (WNTR) and Propanc Health Group Corp (PPCH)
New York, NY – GDP INSIDER – 04/03/2015.
This article discusses three companies: Sonomax Technologies (OTCMKTS:SXHHF), Worldwide Diversified Holdings Inc (OTCMKTS:WNTR) and Propanc Health Group Corp (OTCMKTS:PPCH)
Sonomax Technologies (OTCMKTS:SXHHF) posted very strong gains yesterday with the stock skyrocketing 53.85% on very heavy trading of 8.357 million shares, compared to its three month average trading volume of just 0.058 million. The developer and licensor of intra-ear technology for hearing aids and protection saw the gains on no major news, but is in line with the stocks rather erratic trading pattern, that is static for long periods and then jumps or drops without warning. If you can catch this stock after a big drop, it could be worth a speculative buy, but otherwise steer clear.
Worldwide Diversified Holdings Inc (OTCMKTS:WNTR) continued its recent volatile trading activity yesterday with the stock dropping 100% or $0.0002 to close at $0.0004 on huge trading volume of 792.559 million shares, compared to its three month average trading volume of 74.664 million. The diversified holding company formerly known as Worldwide Internet Inc has been trending downwards for most of the last three months and is down 50% so far this year. Yesterday’s jump came on no major news, but at its current price it is probably better to let it fall again, before considering a purchase.
Propanc Health Group Corp (OTCMKTS:PPCH) went to make further gains yesterday with the stock rising 9.89% to close at $0.02 with more than 17.709 million shares changing hands. The company focused on new cancer treatments has a habit of breaking out from its usually sedate trading range of around $0.02, as it did in the middle of last month when it skyrocketed over a thousand percent in a single day. Like many penny stocks, the gains are there if you can find the right time to invest, but for this stock, anything under $0.04 could be worth a try.
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