The entire stock market is turning negative as investors continue to worry about the situation in Greece. It looked like a deal was done in Greece, but is starting to unravel as meeting between EU finance ministers was cancelled today. Tech stocks have helped keep the Nasdaq in positive territory for most of the day, but are also beginning to slip in afternoon trading.
In penny stocks, NSRS continues to make big intraday moves. This pump just won’t end as traders continue to jump in and out for quick profits. Other penny stocks posting big gains include ATRN and AERN.
North Spring Resources (OTCBB:NSRS) is up 5.75% right now at $0.6250. NSRS is having another big volume day with 46 million shares traded, 2 million more than its daily average volume. The stock hit an intraday high of $0.85 earlier today before coming right back down. North Spring continues to release news on a near daily basis and today announced it is moving forward with expanded sampling program and 3D modeling at Imperial Property in Nevada.
Atrinsic, Inc. (OTC:ATRN) is up 33.96% today at $0.3550. ATRN is up on big volume today with 19.4 million shares traded. ATRN shares are up more than 300% over the past three weeks.
AER Energy Resources (OTC:AERN) is up 58.73% at $0.01. AERN has traded 84 million shares and hit an intraday high of $0.0129 earlier today. AER Energy acquired three OK O&G leases from Texas Energy Inc.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
AER Energy Resources, Inc. (OTC:AERN) is up 44% at $0.0280 with an intraday high of $0.0290. AER Energy Resources announced a joint venture agreement for a drilling project with Texas Energy, Inc. earlier today. AERN has traded over 10 million shares so far today. [click to continue…]
AER Energy Resources (OTC:AERN) is up 23% with about 3 hours left in the trading day. AERN is currently trading at $0.0785 with an intraday high of $0.08. It looks like traders are bouncing AERN today after the stock fell about 50% late Monday and Tuesday. [click to continue…]
Stocks edged up this afternoon as retailers reported better than expected sales results. Target, Macy’s and other retailers reported strong sales in September. Some of these sales were driven by big discounts, but some analysts believe these numbers suggest the U.S. is not heading into a deeper recession.
Let’s take a look at which penny stocks are seeing the most action today.
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The markets got hammered again today as more negative news from Europe weighs heavily on investors’ minds. Greece said Monday that it will miss deficit reduction targets it agreed upon as part of its bailout deal. This news overshadowed a bit of positive news from the U.S. manufacturing sector. The Dow finished the day down 258 and the Nasdaq was down nearly 80 points. The S&P 500 closed below 1100 support at 1,099.
Portage Resources (OTC:POTG) finished the day up 21% at $0.3620 with an intraday high of $0.40. POTG continues to be promoted by one of the biggest penny stock newsletters out there. The company has also been releasing news on a regular basis. POTG traded nearly 41 million shares today. [click to continue…]