Boston, MA 03/27/2014 (wallstreetpr) – Red Giant Entertainment Inc (OTCMKTS:REDG), up until recently viewed as a falling knife and on many occasions accused of stock promotion, may be telling all who care to listen that time has come to re-write all stories previously told about it. What is this? That the stock is fast gaining traction and investors did not spare opportunity to push it much more than 153 percent during Wednesday trading. The previous session marked yet another exciting day for the stock having closed up more than 210 percent on Tuesday to abandon the double-zero land. If Red Giant Entertainment Inc (OTCMKTS:REDG) was a falling knife, it seems it has now hit the floor and safe to pick up, again. Shares of the company closed up at $0.0071, on a day characterized by exceedingly large volume of shares shifting hands. But are usually investors ought to be carefully handling a dead-cat-bounce-back stock like REDG in this case.
American Heritage International Inc (OTCBB:AHII) which is focused on electronic cigarettes business recently announced overwhelming demand for its products. And the company even went ahead to report that it had run out of disposable e-cigar, announcing it has placed fresh orders to come later this month and in early April. The company is making good of the excitement in the safe smoking products, and e-cigarettes are responsible for its present success. While the hype around medical cannabis has seen investors jostling for position in pot stocks, electronic cigarettes is fast proving to be a rewarding sector and investors who care to listen and consume data from the market are already making money through stocks like American Heritage International Inc (OTCBB:AHII). The stock continues to shift solid volume of shares session after session, and yesterday was not any different with 2.61 million shares changing hands against daily average of 0.6 million. Shares closed up 12.86 percent to $0.790.
Primco Management Inc (OTCBB:PMCM) pumped Wednesday, marking an extension of gains that have seen in the stock ever since it became clear that the company was proceeding on well with its venture into newly emerging and promising cannabis market. Shares of Primco Management Inc (OTCBB:PMCM) managed almost 13 percent jump to $0.0053 during trading Wednesday, and that came on nearly solid volume of shares shifting hands. It is however important for investor to do due diligence before putting their hard-earned money in the stock.
