Four Penny Stocks Investors Are Buying On Tuesday May 17th

MIAMI, FL / ACCESSWIRE / May 17, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. LifeClips Inc. (OTC: LCLP), Progressive Care, Inc. (OTC: RXMD), MGT Capital Investments (NYSE MKT: MGT) and Orbital Tracking Corp (OTCQB: TRKK) have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.

LifeClips Inc. (OTC: LCLP) released a shareholder update this morning (5/17). In it, company CEO Bob Gruder highlighted the many accomplishments that the company has been able to attain over recent months and which have all begun to head toward the same end goal of adding more shareholder value. “With the many months of hard work and preparation behind us, it’s time to bring these innovative technology products to market. Shareholders would be excited to know that discussions for big box retail distribution are already underway. I look forward to updating the investment community on these developments and many more still to come,” he said in a closing statement.

Since the beginning of May, share prices for LCLP have climbed. From May 2 to just yesterday, May 16, the stock has managed to increase in price by as much as 193%. You Can View LCLP’s Chart Here.

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Progressive Care, Inc. (OTC: RXMD) announced record quarterly earnings this week. The pharmacy filled nearly 51,000 prescriptions during the first quarter of 2016, which is a 32% increase over last year. During the first quarter, the Company marked its strongest month to date (as of March 2016) with over $1.5 million in net pharmacy revenues. Since making the announcement, shares have increased in price to as high as $0.038 this week, which marks an increase in price for the year of 100% at these highs.

During the course of the last 5 months, the stock has seen prices as high as $0.054 and a recent analyst report laced a price target of $0.10 on the stock previous to this most current earnings update. Get More Information on RXMD Now!

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MGT Capital Investments (NYSE MKT: MGT) announced earlier this month that they have proposed cyber security leader John Mcafee to come on board as the new chairman and CEO. The stock has seen a large increase in price and volume since making this announcement. On Tuesday shares of MGT climbed to highs of $4.98 during the morning market hours, which is up significantly from the time the company released press regarding this management change. You can view the full MGT press release HERE.

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Orbital Tracking Corp (OTCQB: TRKK) has seen a large jump in volume and price as well on Tuesday. Since closing on Monday (5/16) at $0.09, the stock has now managed to increase by 150% after hitting highs of $0.225 during the early market hours. On Monday the company announced first quarter earnings, which showed consolidated revenues increased by 62% to approximately $1,295,264 as compared to $799,698 reported for the quarter ended March 31, 2015. Get more information on TRKK now, Click Here.

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