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  4. Medican Enterprises Inc (MDCN) Message Board

CORAL GABLES, FL / ACCESSWIRE / May 28, 2015 / We'

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Posted On: 06/03/2015 3:46:34 PM
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Posted By: StockAwareness
CORAL GABLES, FL / ACCESSWIRE / May 28, 2015 / We're in the third longest bull market in US history and though every day may not be positive, the overall trend is up, up, and away. And even though the markets are still far from the #1 spot which was a 4,494 day stretch between 1987 and 2000, there's no denying that market activity has been reaching new heights this year. Typically during the summer months, there has historically been a lull but it would seem that this year its not just the bulls of the NASDAQ and NYSE that are helping lead the charge, smaller investors and even many funds are participating in OTC and Pink sheet trades. Many of these "big stock runs in 2015" have been seen after sub penny stocks (those that trade at less than $0.01) rally on volatile speculation and milestone material events (relative to company size of course).

Even though they aren't closing 500 billion dollar mergers, what many of these sub penny stock companies with micro cap valuations have done is retain interest and keep people paying attention. Many of this volatility has effected some of these companies in a big way. Businesses like Enviro-Serv, Inc. (EVSV), Hangover Joe's Holdings (HJOE), and Medican Enterprises (MDCN) have all found themselves in a much higher bracket than they had been at closer to the beginning of the year both from a share valuation and market capitalization as well.

http://finance.yahoo.com/news/sub-penny-stock...00023.html


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