PHI Group (PHIL) Stock Retreats On Profit Taking: A Rebound Possible?

Those who are currently exploring the possibility of perhaps investing in small cap stocks could consider tracking the PHI Group Inc (OTCMKTS:PHIL) stock. The PHI Group has been in the middle of a continued upward trend in recent days and investors have been engaged in heavy accumulation.

The company’s investors’ base is also growing at a pretty impressive pace. The stock has made a strong move in recent days and is not far from hitting its recent high of $0.016 a share yet again.

Not too long ago, there were small cap stocks like Tesoro and Enzolytics that managed to record massive gains on the back of heightened investor interest. Experts believe that PHI Group might end up charting such a path in the coming months. Hence, in light of the recent action in the stock, it might be a good idea for investors to keep the stock in their watch lists.