{"id":7582,"date":"2015-11-25T12:02:08","date_gmt":"2015-11-25T12:02:08","guid":{"rendered":"\/?p=7582"},"modified":"2015-11-25T12:14:40","modified_gmt":"2015-11-25T12:14:40","slug":"cabo-verde-capital-inc-otcmktscapv-soars-even-nigher","status":"publish","type":"post","link":"\/articles\/cabo-verde-capital-inc-otcmktscapv-soars-even-nigher\/","title":{"rendered":"Cabo Verde Capital Inc. (OTCMKTS:CAPV) Soars Even Nigher"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/92\/92092\/vzxcvxzc.gif\" border=\"0\" width=\"432\" height=\"250\" \/>Cabo Verde Capital Inc. (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CAPV\">CAPV<\/a>) nearly tripled its market value after a session of rabid buying yesterday &ndash; but how long can it keep that up? <\/p>\n<p>As awkward as that might sound, unusual blast-offs aren&#8217;t all that unusual on the OTC Markets. Strange and confusing things happen in Pennyland all the time &ndash; but that doesn&#8217;t necessarily mean that they will last.<\/p>\n<p><strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CAPV\">CAPV<\/a>&#8216;s <\/strong>current ascent seems just like one such occurrence. There seems to be no obvious cause behind it, and even though the company&#8217;s supporters are now hyping about the announcements in its latest 8-K, the news of <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CAPV\">CAPV<\/a>&#8216;<\/strong>s reincorporation did not really make a splash when they came out.<\/p>\n<p>Add the fact that there are no other announcements, and that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CAPV\">CAPV<\/a> <\/strong>hasn&#8217;t issued a press release in more than a month and a half. Further, the only really recent development in the company&#8217;s newsfeed is a pump by Blue Horseshoe Stocks, which only came in on Friday, so it&#8217;s safe to assume that it couldn&#8217;t have been responsible for the initial spark of investor enthusiasm that exploded into a wave of buying.<\/p>\n<p>Long story short &ndash; there doesn&#8217;t seem to be anything substantial causing this rise. As we said &ndash; that&#8217;s not exactly unheard of on the OTC Markets. What investors need to take into account in this case is the fact that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CAPV\">CAPV<\/a> <\/strong>doesn&#8217;t seem to have enough to its name to retain its monstrous gains:<\/p>\n<ul>\n<li><span style=\"color: #ff0000;\"><strong>Cash &amp; Total current assets &#8211; $10 (NUMBER NOT IN THOUSANDS)<\/strong><\/span><\/li>\n<li>Total current liabilities &ndash; 4.5 MILLION<\/li>\n<li>No revenues for Q2 2015<\/li>\n<li>Net Loss for Q2 2015 &ndash; 25 thousand<\/li>\n<\/ul>\n<p>To be fair, the company&#8217;s latest quarterly report listed nearly 37 million in long-term assets, all in the form of buildings and investments. However, the fact that the same report also claims that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CAPV\">CAPV<\/a> <\/strong>doesn&#8217;t have enough cash on hand for its employees to order pizza for lunch, makes the former claim a bit suspicious.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/92\/92092\/vxcvxvxcvxc.jpg\" border=\"0\" width=\"125\" height=\"100\" \/>As usual, it is up to investors to weigh all the risks before committing to any stock. However, a word of fair warning might be in order here &ndash; <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=CAPV\">CAPV<\/a> <\/strong>is currently volatile and presents enterprising traders with great opportunities for profit, but like any hype jump, its charts could turn ugly really quickly.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cabo Verde Capital Inc. (OTCMKTS:CAPV) nearly tripled its market value after a session of rabid buying yesterday &ndash; but how long can it keep that up? As awkward as that might sound, unusual blast-offs&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1941],"class_list":["post-7582","post","type-post","status-publish","format-standard","hentry","category-news","tag-capv"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=7582"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/7582\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=7582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=7582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=7582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}