Stocks in general are off to a great start today with the major stock indexes rallying nearly 2% before midday. Some analysts believe that today’s rally is in anticipation or hope of some kind of stimulus or QE3. There are still many different economic situations right now that have investors on edge, but they seem to be ignoring at least for today.
Penny stocks continue to see the volatility all penny stock traders love. Current pump GWBU has been trading mostly flat since being officially announced more than a week ago. The big runners so far today are RARS and BMSN, both seeing gains of more than 30%.
Rarus Technologies Inc. (OTC:RARS) is up 28.23% right now at $0.1122 and saw an intraday high of $0.1440 earlier today. RARS has traded nearly 6 million shares so far today. RARS has been running since Monday when it announed its Zngle.com mobile App was approved by Apple.
Bio-Matrix Scientific Group, Inc. (OTC:BMSN) is up 88.46% this morning at $0.0049. BMSN stock shot up quickly today after announcing it has established a scientific advisory board and research relationship with Clinartis in anticipation of beginning clinical development stem cell studies. BMSN has traded 42 million shares so far today, surpassing its average volume of 64 thousand shares.
Finally a decent green day for Wall Street. After a declining in the past couple of weeks, stocks bounced today as investors look to buy over sold stocks. This could be a short lived rally though as Europe continues to be a problem.
The Facebook IPO continues to be a huge disappointment after financial pundits and ‘experts’ hyped the stock over the past month. Facebook is currently trading down more than 10% at $34.2, below its IPO price of $38 and well below its high of $45.
The main penny stock pump, GWBU, is off to a slow start as it is trading in the red today.
Great Wall Builders Ltd. (OTC:GWBU) is down about 8% today as its pump starts slow. Many traders were able to guess the newest pump before it became “official” sending the stock up from around $0.50 to over $1. GWBU has been releasing news on a daily basis over the past few days with most of the news revolving around its distributor, NESS Tech.
Sunpeaks Ventures, Inc. (OTC:SNPK) is up 18.46% today at $0.1540. SNPK has traded 6.4 million shares so far today and trades 24.6 million shares a day on average. This once high flying pump has seen a 100% bounce over the past couple of days after hitting a low around $0.08.
Luxeyard, Inc. (PINK:LUXR) is down 10.24% this afternoon at $1.14. LUXR has traded 612 thousand shares so far today and trades 944 thousand shares a day on average. LUXR has dropped $1 after a massive rally in April sent the stock from $0.60 to over $2.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Sunpeaks Ventures, Inc. (OTC:SNPK) saw a bounce today off its close of $0.16 yesterday. SNPK ended the day up 25% at $0.1950 and hit a high of day of $0.2250 this morning. SNPK’s pump has ended after seeing a 52 week high of $2.40 before tumbling all the way back down to pre promo levels.
A new pump has entered the fray though as Rarus Technologies Inc. (PINK:RARS) is rumored to be the next pick from AwesomePennyStocks (same group who pumped SNPK). RARS saw extremely heavy volume today with over 54 million shares traded as traders all look to get a piece of the action. Now the pick hasn’t been officially announced yet, but stock message forums are buzzing that it’s the next ‘big one.’
Rarus Technologies put out news yesterday that it signed an agreement to acquire ‘augmented reality social media software technologies.’
Traders can expect RARS to see another big volume day as traders wait and see if this is the next big pump.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Disappointing economic news have stocks trading slightly lower heading into the lunch hour. Only 119,000 jobs were added in the private sector last month according to the ADP report. Economists were expecting 170,000. Factory orders also dipped in March by 1.5%, the biggest drop in three years according to the Commerce Department.
The Dow is down 27 points, the Nasdaq is up 4 points and the S&P 500 is down 4 points.
Great Wall Builders Ltd. (OTC:GWBU) is up 51.25% today at $0.6050. GWBU has seen more than 6 million shares traded hands today as it hits a new high of day. Great Wall Builders announced yesterday a new chairman and directors. This could be a new pump getting started as this is the first day with any meaningful volume and the news isn’t anything earth shattering.
Universal Bioenergy Inc. (PINK:UBRG) is up 44.37% today at $0.0231. UBRG has traded 19.2 million shares so far today, well above its daily average of 4 million shares. UBRG announced today its subsidiary NDR Energy signed a contract with the largest gas utility in U.S. for natural gas storage.
Integrated Biopharma Inc. (OTC:INBP) is up 380% today at $0.12. INBP has traded 2.3 million shares so far today and hit an intraday high of $0.19 earlier. INBP has seen no news today to explain the big jump in volume and percentage move. This could also be a smaller promotion going on with this stock.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
The broader market is rallying into the afternoon as investors are encouraged by the Fed’s comments. The Fed said after its latest meeting yesterday, that it remains prepared to take action if the economy needs it. While commodities investors were disappointed that another round of QE wasn’t announced, the Fed is not ruling that out if it is needed.
Economic news was mixed today as pending home sales rose in March. New claims for unemployment fell to a seasonally adjusted 388,000 last week. Analysts are concerned though as the four week moving average jumped to 381,750, the highest it has been since April.
Penny stocks are having a rough day today as multiple pumps are seeing big dumps today including SNPK and SEFE.
Sunpeaks Ventures, Inc. (OTC:SNPK) is down 35.29% today at $0.55. SNPK hit an intraday low of $0.48 in morning trading as the stock has traded 30.4 million shares so far today. SNPK typically trades 23.2 million shares a day on average. SNPK shares have dropped about $1.50 in the past couple of weeks.
SEFE, Inc. (OTC:SEFE) is down 17.48% today at $1.70. SEFE has traded 9.4 million shares this afternoon, above its normal volume of 1.9 million shares. SEFE shares have dropped more than $1 a share in the past two days.
Liquidmetal Technologies Inc. (OTC:LQMT) is up 26.71% today at $0.38. LQMT hit an intraday high of $0.39 earlier today on 7.3 million shares in volume. LQMT shares are bouncing back today after the fell about 50% in this week.
Uni Core Holdings Corporation (OTC:UCHC) is up 23.81% this afternoon at $0.0078. UCHC hit an intraday high of $0.0120 shortly after market open today. The stock has traded 26.4 million shares so far today.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks are getting hammered today as investor worries over Europe grow. Political uncertainty is rampant in Europe today as French President Nicolas Sarkozy finished second in the first round of elections, a first in the present electoral system.
Budget talks in the Netherlands fell apart today causing the Prime Minister and his cabinet to resign. This has also raised concerns about the country’s AAA rating.
The Dow is currently down 137 points, the Nasdaq is down 34 points and the S&P 500 is down 14 points.
Liquidmetal Technologies Inc. (OTC:LQMT) is up 30% today at $0.53 and hit an intraday high of $0.6349 this morning. LQMT has traded 19 million shares so far today, 9 times its daily average. LQMT shares have jumped as much as 200% in the past week as rumors about the company working with Apple on their latest iPhone.
SEFE, Inc. (OTC:SEFE) is up 21% today as investing forums are abuzz about this stock being pumped by the same people that pumped LEXG. SEFE has traded 8.1 million shares already today, about 8 times its normal volume.
Sunpeaks Ventures, Inc. (OTC:SNPK) is up 2.52% today at $1.22. SNPK has traded 8.4 million shares so far today and averages 24 million shares daily. SNPK shares are holding steady right now after taking a big hit late last week as the pump finally saw its dump.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks are falling this afternoon as fears over the eurozone weigh heavily on investors’ minds. Big tech companies including IBM and Intel are also keeping stocks lower today. The Dow is down 60 points this afternoon, the Nasdaq is down 12 points and the S&P 500 is down 4 points.
The big news in the OTC market today though is what is currently happening with SNPK. SNPK has been on an unbelievable rally for months now and that all came to a halt just a few hours ago as selling pressure began pouring into the stock. The stock is now in a free fall as traders panic and sell their shares.
Sunpeaks Ventures, Inc. (OTC:SNPK) is tanking today and is currently down more than 60% at $0.74. SNPK has traded 46 million shares this afternoon, blowing its daily average of 20.8 million shares out of the water. As always with these pumps, a dump will come and it will be big when it happens.
SEFE, Inc. (OTC:SEFE) is down slightly today at $1.50 with an intraday high of $1.59. SEFE has traded 4.6 million shares already today, 6 times its normal volume. SEFE shares have jumped up nearly 100% in the past 3 weeks.
American Liberty Petroleum Corp. (OTC:OREO) is up 12.67% this afternoon at $1.69. OREO hit an intraday high of $1.87 earlier today and has traded 2.6 million shares so far. OREO shares have jumped about $0.50 a share since last Friday.
Liquidmetal Technologies Inc. (OTC:LQMT) is up 25.33% today at $0.1880. LQMT has traded 5.3 million shares so far today, 4 times its average volume. LQMT got off to a great start this morning and hit $0.2150, but has since sold off some and is trading flat right now.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Trading is mixed in afternoon trading today as a disappointing homebuilder sentiment report sent some stocks lower. The Nasdaq is trading lower today as Apple falls more than 3% and Google dips more than 2%.
Homebuilder sentiment fell to levels not seen since January. Sentiment was up as a warmer winter and an improving company saw buyers starting new homes.
The Dow is up 90 points, the Nasdaq is down 21 points and the S&P 500 is up slightly.
Sunpeaks Ventures Inc. (OTC:SNPK) is up 6.11% this afternoon at $1.91. SNPK has traded 14.3 million shares so far today and trades 20.5 million shares a day on average. SNPK shares continue to trade higher as the stock promotion campaign remains in full effect. The company has also been releasing news at a steady clip with. Sunpeaks Ventures announced on Friday it has signed an advertising and promotion agreement with another major sports team and that Clotamin will be sold at all Walgreens locations in Arizona.
Converted Organics Inc. (PINK:COIN) is up 62.42% today at $0.0268. COIN has traded 68.7 million shares so far today, more than double its average volume. COIN shares have jumped nearly 300% in the past week.
SEFE, Inc. (OTC:SEFE) is up 7.03% today at $1.37 with an intraday high of $1.38. SEFE has traded 2.1 million shares this afternoon, more than triple its average volume. SEFE shares are up nearly $0.20 in the past two days.
Xinde Technology Company (OTC:WTFS) is up 44.29% today at $0.1010 with an intraday high of $0.12. WTFS has traded 3.1 million shares so far today, 30 times its average volume. Xinde was granted two national utility model patents earlier today.
California Grapes International, Inc. (PINK:CAGR) is up 40% at $0.0042 with an intraday high of $0.0049. CAGR has traded 39 million shares so far today. CAGR shares have jumped about 400% in the past two days.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks are rallying this today as the market bounces back after five straight days of losses. Alcoa’s earnings helped push the markets higher this morning. Alcoa was expected to report a four cent loss, but instead saw earnings of ten cents per share.
Investors’ worries over Europe also diminished today as borrowing costs fell in Italy and Spain. Energy prices are mixed today with natural gas approaching a ten year low and oil prices jumping nearly $2 to $102.88.
The major stock indexes are up nearly 1% with the Dow up 97 points, the Nasdaq up 21 points and the S&P 500 up 11 points.
Sunpeaks Ventures, Inc. (OTC:SNPK) continues to trend higher today and is up 2.68% at $1.53. SNPK is still being promoted heavily by stock newsletters and the company continues to release news at a steady clip. SNPK has seen some major pullbacks on the way up though so it can and eventually will have another big sell off.
Converted Organics Inc. (PINK:COIN) is up 95% today at $0.0176. COIN is seeing huge volume today with 101 million shares traded so far. COIN shares hit an intraday high of $0.0180 this afternoon.
East Coast Diversified Corporation (OTC:ECDC) jumped another 16% today at $0.0058 with an intraday high of $0.0077. ECDC has jumped about 100% in the past two days. Volume continues to be heavy in ECDC for a second straight day with 77.6 million shares traded.
DNA Dynamics, Inc. (PINK:DNAD) is up 100% today at $0.0032. DNAD has traded 71.6 million shares this afternoon and hit an intraday high of $0.0039.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks continue their fall for the fifth straight day due to disappointing economic news. The National Federation of Independent Business said its index of small business optimism fell last month after seeing six months of steady gains. Wholesale businesses also reported that they restocked shelves at a slower pace.
All eyes will be on Alcoa this afternoon as it kicks off the start of earnings season. The Dow is down 180 points, the Nasdaq is down 47 points and the S&P 500 is down 22 points.
FrogAds, Inc. (OTC:FROG) is up 21.95% in midday trading at $0.15 with an intraday high of $0.1548. FROG has traded 3 million shares so far today, well above its daily average of 1.6 million shares. FROG shares are bouncing back some today after the stock fell from $0.18 to $0.12 last week.
SEFE, Inc. (OTC:SEFE) is up 4.10% today at $1.27. SEFE has traded 2.9 million shares in midday trading, 7 times its daily average. SEFE announced today it is moving to new Science and Technology Center in Boulder, Colorado.
Cannabis Science, Inc. (OTC:CBIS) is down 16.90% today at $0.1180. CBIS shares have fallen more than $0.06 a share in the past week. CBIS has traded 13.8 million shares so far today.
HDS International Corp. (PINK:HDSI) has fallen 14.46% today at $0.0278. HDSI has traded 36.3 million shares so far today. HDSI shares are selling off today after bouncing about 200% in the past few days.
East Coast Diversified Corporation (OTC:ECDC) is up nearly 70% today at $0.0049. ECDC has traded 81.8 million shares so far today, way above its daily average of 138 thousand shares.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
