15 Penny Stocks Poised To Explode According To Hedge Funds

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3. Fairmount Santrol Holdings Inc (NYSE:FMSA)

At the end of June, 25 funds from our database held shares of Fairmount Santrol Holdings Inc (NYSE:FMSA) worth $223.41 million in aggregate, which represented 25.60% of the outstanding stock, down from 29 funds with stakes worth $372.10 million a quarter earlier. Fairmount Santrol Holdings Inc (NYSE:FMSA) is a company that provides sand-based proppant solutions and its stock has slid below $5 per share just earlier this year, as it has dropped by 74% year-to-date.

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