SNPK Sees Bounce off Bottom, RARS Takes its Place

by Charles Schmidt on May 9, 2012 · 0 comments

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.

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