The presidential election is coming and there’s been no shortage of advertising, conspiracy, and speculation. Amidst email scandal, “locker room banter”, and anything else you could possibly think of, this circus called the presidential race has captivated us all. The announcement that the Clinton email case could be re-opened sent stocks in a frenzy on Friday. Despite this, the crushing blow that many stocks had seen, could not impact several top stocks to watch in October including Gravity Co., Ltd (GRVY), ExoLifestyle, Inc. (EXOL), Cataca Resources, Inc. (CATQ), and AXIM Biotechnologies, Inc. (AXIM).
Gravity Co., Ltd (GRVY) saw its highest share volume day in its history on Friday. Shares opened at $5.85 at the 9:30AM EST open and promptly saw highs of $12.74. A potential catalyst to this could have been the company’s announcement of 3rd quarter financial results. The South Korean based, online and mobile game publisher saw a 73.9% increase in quarter over quarter revenues and a more than 80% increase in year over year revenues for the same period in 2015. Subscription revenues greatly increased on both a QoQ and YoY basis and realized a 265.8& and 332.4% increase respectively.
ExoLifestyle, Inc. (EXOL) has seen a rise in activity since mid October. The company’s recent shift toward a focus on athletic apparel and fitness has seen the stock rise from mid $0.07 range to highs of $0.185 on Friday. Most recently the company announced several developments including an increase in inventory due to rising product demand as well as revealing the company’s current global distributor list at the end of last week. In a Letter to Shareholders released this month, CEO Vaughan Dugan said that, “We feel this re-branding will provide a direct benefit to not only our current shareholders, but future and prospective shareholders as well. The rebranding also includes an updated website to communicate with the public and our shareholders.”
Cataca Resources, Inc. (CATQ) recently announced that it had completed the acquisition of FlitWays Technology Inc., which is an LA-based ground travel booking and scheduling company. Over the last two months, shares of Cataca have increased from $0.53 to as high as $1.94 on Friday. In its most recent press release, Cataca stated that it has signed a distribution agreement with TUI Group to provide ride supply for the TUI Group: TaxiTime apps, which is a taxi metasearch operated by Hotelbeds. According to the company, FlitWays already services over 400 airports with a fleet of more than 20,000 vehicles.
AXIM Biotechnologies, Inc. (AXIM) rounds out this list as the stock has seen a large increase in trading volume over the last few days. A portfolio company of Medical Marijuana Inc. (MJNA), AXIM is involved with research and development of cannabinoids. In recent news the company stated that it has secured private funding to continue its pharmaceutical clinical trials program in cannabinoid research and development to target multiple indications. “This financing provides us with the opportunity to boldly continue our efforts in the extremely promising and intricate space of cannabinoid-based therapeutics,” said AXIM® Biotechnologies, Inc.’s Chief Executive Officer George E. Anastassov, MD, DDS, MBA in its most recent press release. Share of AXIM® have increased by as much as 800% since last Monday.
