Basic Materials

Cantech Holding (BSSP) Stock Sees Explosive Move: But Why?

Those who are looking into small cap stocks today could do well to take a look at the Cantech Holding Inc (OTCMKTS:BSSP) stock, which has clocked gains of 150% this week so far.

The stock has made an explosive move this week and it all started on Monday, when the trading volume soared on the back of heavy interest. At this point in time, the stock is being accumulated at a pretty impressive rate as the company provides the OTC Markets with the latest updates about its business.

While it continues to work towards becoming current, it is believed that Reve could also become an acquisition target and if that happens, then it could lead to more optimism about the stock among shareholders. As a matter of fact, the company is actively looking for a merger at this point. Hence, it might be a good move for investors to keep a very close eye on all the latest news in relations to Reve Technologies in the coming weeks.