(NEW YORK)–As the 2017 trading season kicks off here are a few small cap stock plays traders are talking about.
Lock on Share Issuance
Signature Devices, Inc. (OTCMKTS:SDVI) caught traders attention when they tweeted over the New Years weekend that they were working toward updating the financials with OTC Markets, and would include their subsidiary Graffiti Entertainment financials.
This was a big alert for traders as this would now bring SDVI back to ‘current’ on the OTC Markets. But even bigger was the announcement that the company ‘currently has a lock on not issuing any new shares or changing the issued and outstanding for 90 days’ really sent traders into a frenzy.
SDVI was last traded at $0.006 per share on volume of around 146 million shares traded by late morning. https://twitter.com/SignatureDevice Article source: http://www.wallstreetnewscast.com/traders-0103/
Low Market Cap
Article source: http://www.wallstreetnewscast.com/traders-0103/