OTC Bounce List: PHIL, EEGI, LTNC, SBFM

Sean Dougherty

December 17, 2024

These stocks are down. Put these stocks on your bounce watchlist.

PHI Group, Inc. (OTCMKTS:PHIL) stock is seeing a pullback as the stock fell 20% to $0.0074 following a 70% rally in t6he past week. The stock saw a higher than average volume with more than 1.03 billion shares traded for the session, compared its 30-day average volume of 412.74 million shares. The stock opened at $0.0095 and moved within a range of $0.0067 – 0.0100.

Eline Entertainment Group (OTCMKTS:EEGI) is another notable loser in today’s trading session as the stock slid 13% to close at $0.0034. Volume is heavy with more than 231.85 million shares traded hands, well above its average volume of 204.96 million shares. The stock made session high and low of $0.0039 – 0.0031 respectively. The stock opened at 0.0036.

Labor Smart, Inc. (OTCMKTS:LTNC) is another active buzzer which is showing an unusual move on Wednesday. The stock fell 9% to $0.0239. The stock saw a total volume of 76.96 million shares, compared to its average volume of 166.34 million shares. Earlier this week, the company announced that it entered into an endorsement deal with Jacksonville Jaguars tight end Chris Manhertz. Manhertz will endorse and use Takeover’s NXT LVL Hydrogen Infused Spring Water during both his off-season and in-season training and competition.

Sunshine Biopharma, Inc. (OTCMKTS:SBFM) is witnessing consistent selling pressure after opening higher by as much as 10%. At the time of writing, the stock is down by 10.50% to $0.1493. The stock saw a higher than average volume with more than 6.9 million shares traded for the session- 1.2X its 30-day average volume of 5.80 million shares. Over the past six-month, the stock has soared 1400%.

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