November 25, 2016 - By Adrian Mccoy
Interested investors have been looking for information on shares of REGENICIN INCORPORATED (OTCMKTS:RGIN) after the stock moved $0.001, hitting the $0.062 price point in a recent trade.
It’s the latest price, but let’s analyze how the stock has been doing recently. In the past year, REGENICIN INCORPORATED’s stock was big mover. According to the short interest report published recently, (RGIN) had 25,000 shorted shares for 0.3 days to cover. The prior short interest was 9,200 for a $171.74 change. The 52-Week High and Low are noted here. -22.50% (High), 520.00%, (Low). The stock had 77,000 average volume.
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Penny stocks are often stated as risky investments that hardly pay off. Admittedly, there is fact to this, but with the right knowledge and tactics, it is possible to earn a significant amount of gain in penny stocks. Simply said, a penny stock is an equity that trades at a low price.
Irrespective of the name, penny stocks usually are priced over a penny, occupying a price range at or close to $1, though some are priced a fraction of a penny. Often referred to as micro-cap equities, the Securities & Exchange Commission classifies these types of securities as being $5 or less. Over-the-counter stocks are NOT listed on any of the formal exchanges.
So, penny stocks frequently fit in this segment, though many dodge this category. Over-the-counter (OTC) equities are stated to be risky as they aren’t contingent to the listing and reporting requirements of the reputed commodity exchanges.
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Penny shares can be listed on NASDAQ or other known stock exchanges, although many more cannot be found there. A major percentage of penny stocks are listed on the so-named ‘pink sheets’, i.e., daily news of OTC shares. They can even be seen on the ‘Over-the-Counter Bulletin Board.’ Commodities listed on the OTCBB fail to fulfill the listing guidelines of the NYSE or other known exchanges, although they are mandated to file financial statements with known regulators, such as the SEC. Penny shares are inexpensive, thus attractive to shareholders who lack the funds to buy comparatively expensive blue-chip stocks from large firms.
Penny stocks boast immense profit potential. Because these stocks trade cheap, even a slight jump in price turns to be profitable. Look out, however, because frequently shareholders may have trouble getting a decent amount of details about penny stocks. These kinds of shares tend to be latest in news, with almost no track record for investors research.
In addition, penny stocks show lack of market activity, with poor liquidity, making them difficult to sell. Poor liquidity results in penny stocks to be open to price influence.
A shady trader can simply buy large sums of shares, temporarily leading up the price, crafting artificial demand.
Disclaimer: Nothing mentioned in this publication is planned to constitute legal, securities, tax, or investment advice, nor a viewpoint regarding the relevance of any investment, nor any type of solicitation. The general information mentioned in this article should not be acted upon without getting specific tax, legal and investment advice from a certified professional.
More notable recent Regenicin Inc (OTCMKTS:RGIN) news were published by: Prnewswire.com which released: “Regenicin, Inc. Completes Successful Pre-IND Meeting with Food and Drug …” on November 01, 2016, also Prnewswire.com with their article: “Regenicin, Inc. Announces Scheduled Pre-IND Meeting with U.S. Food and Drug …” published on October 12, 2016, Prnewswire.com published: “Regenicin Enters Into Asset Purchase Agreement with Amarantus Bioscience …” on November 19, 2014. More interesting news about Regenicin Inc (OTCMKTS:RGIN) were released by: Prnewswire.com and their article: “Regenicin Signs Supplier Agreement with Pure Med Farma LLC to Provide Closed …” published on November 17, 2016 as well as Prnewswire.com‘s news article titled: “Regenicin Reports 2015 Operating Results, Outlines Milestones for Q1 2016” with publication date: February 09, 2016.
Regenicin, Inc., formerly Windstar, Inc., focuses on developing and commercializing a lifesaving technology by the introduction of tissue-engineered skin substitutes to restore the qualities of healthy human skin for use in the treatment of burns, chronic wounds and a range of plastic surgery procedures The Firm is engaged in the process of validating its collagen scaffold to demonstrate safety. The company has a market cap of $12.33 million. The Company’s cultured skin substitute product is a multi-layered tissue-engineered skin prepared by utilizing autologous skin cells. It currently has negative earnings. It is a graftable collagen cultured epithelium implant that produces a skin substitute containing both epidermal and dermal components with a collagen base.
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By Adrian Mccoy