Sortis Holdings (OTCMKTS: SOHI) stock is listed as up 920%. SOHI stock is really only up because of the previous 90% fall. This being a lovely example of the dangers in trading upon very low volume markets - those without liquidity.
All of the information we need is in this chart:
Sortis Holdings from OTC
There was just the one trade in June in Sortis. Someone who really, really, wanted to get rid of 253 pieces of stock. The Expert Market - which this is - doesn't really have market makers willing to quote prices. It's much more of a peer to peer market. So, your selling price at any one time is whatever some other investor - no intermediaries - is willing to pay for it right at that time.
As it happened no one in June really wanted to buy Sortis Holding stock. So, the price that could be got for 253 shares was 10 cents each. But the previous deal, in May, had been at $1,34. So, we've a well over 90% drop in the reported Sortis price.
Then in July we've one more deal 600 pieces of stock. That went for $1.02. So, a 920% increase from the 10 cents of the one single deal before it.
And that's it. There simply is near no trade in Sortis. Therefore the price is extremely volatile. And more to the point, if we decided to buy into SOHI stock we could, no doubt about it. We could probably move the price a dollar or three as well, simply with a few thousand dollars worth of trades. It would also be near impossible to sell out of our position unless we were willing to take something like that ten cents.
It's possible to make great nominal profits in illiquid OTC stocks like this. It's pretty much impossible to make real profits simply because there is no liquid market. So, given that cashing out is pretty much impossible there's no real reason to even try.
Leave illiquid stocks to other people. There's just no point in trying to trade them.