EPUNK INC (PUNK) Gets Another Boost From News

 
PUNK EPUNK INC. PUNKEPUNK INC.-PUNK is one the most active penny stock gainers in Monday’s session as the stock is showing heavy buying activities on higher than the average volume.
 
Traders or investors are buying the shares of EPUNK INC.-PUNK after the company announced its first ever retail location in Dana Point, which is expected to serve around 55K commuters per day as well as prolific foot traffic from tourists and residents.
 
Shares of EPUNK Inc.- PUNK gapped up this morning at $0.65, compared to its closing price of $0.615 in the previous trading session. The stock gained further and risen to $0.94, a jump 53% in the afternoon session. However, the stock cooled off from its high and now trading higher by 39% to $0.855.
 
More than 3 million shares have trading hands, compared to its 30-Day average volume of 140K shares.
The EPUNK Inc.- PUNK retail business is projected to increase the company’s revenue by 1 million over the next 12 months of operation.
 

EPUNK Inc. Expanding

 
If we look at the company’s historical trading over the past one week, the stock has shown very impressive gain as it has soared all the way from $0.25 to $0.85, a jump of over 250% in just one week.
Last week, EPUNK Inc.-PUNK made its website public, which would help its investors to get the clear knowing about the company’s business and developments.
 
Due to lack of enough trading history, it would be very difficult to analyze the company’s technical, but at the current market price, the stock is showing heavy volume. This could attract more traders, but one needs to trade EPUNK Inc.- PUNK cautiously.
 

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