The stock market is up today on better than expected economic news and on the German vote. New unemployment claims hit a 5-month low last week and the GDP grew by an annual rate of 1.3%. In Europe, Germany’s lower house approved new powers for the Euro Zone crisis fund.
On the penny stock side of things, CRWV is up and BLOAQ was halted at market open by the SEC.
Shares of Crown Ventures Inc. (OTC:CRWV) are up 17% today at $0.137 with an intraday high of $0.0148. CRWV has been trending slightly higher the past 2 days and has traded close to 4 million shares so far today.
Blockbuster Inc. (OTC:BLOAQ) was down over 40% in pre-market and as soon as the opening bell rang was halted by the SEC. The SEC temporarily halted trading of Blockbuster’s pinksheets due to a “lack of current and accurate information concerning the company’s securities due to assertions in third-party press releases to investors concerning, among other things, the company’s current financial condition and business prospects.” [click to continue…]
Poor economic news has hit the major indexes hard today. Economists have cut growth forecasts for 2011 and 2012 after seeing the economy under perform this year. Bank of America announced they will cut 30,000 jobs over the next few years. The troubling economic situation in the Euro Zone also continues to weigh heavily on investors.
Penny stocks on the other hand have been doing great today with at least 4 of them posting some decent gains.
Shares of Crowne Ventures Inc. (OTC:CRWV) are up 44% at $0.0288 with an intraday high of $0.0307. Crowne Ventures announced earlier today that extensive cross-sampling and assay results exceed previous estimates.
Fox Petroleum, Inc. (OTC:FXPT) is up 143% at $0.0390 with an intraday high of $0.0505. FXPT announced the acquisition of Renfro Energy LLC and Cameron Parish Pipelines LLC earlier this morning. FXPT has traded close to 10 million shares today following this news.
Com-Guard.com Inc. (OTC:CGUD) is up 92% today at $0.0050 with an intraday high of $0.0084. CGUD has traded over 11 million shares so far today.
Fortune Oil and Gas Inc. (OTC:FOGC) is up 38% after the company announced that its SHG porperty development is scheduled to start today. FOGC is currently trading at $0.0065 with an intraday high of $0.0075.
Looking for big board stocks. We recently launched a partner site over at active-investor.com. Covering the latest stock market news, Active Investor takes a look across all the sectors for the hottest stocks moving today.
Disclaimer: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock at the time of this posting. Do not use the above information as investment advice. It is for entertainment purposes only. Penny Stock Strategy is not liable for any losses you may incur.
CRWV is getting hammered this morning and is down more than 30% right now. This is a continuation of the big sell off from late yesterday. Since late yesterday, CRWV has gone from over $0.14 to as low as $0.04 today. Let’s take a look at what some other penny stocks are doing today.
eMamba International Corp. (OTC:EMBA) is up 23% this morning at $0.63. Over 600 thousand shares of EMBA have been traded so far today.
Imperial Resources, Inc. (OTCBB:IPRC) is up close to 10% today at $0.33 with an intraday high of $0.34. IPRC has traded over 600 thousand shares so far today, about 6 times its average volume.
Pervasip Corp. (OTC:PVSP) is up 37% today after Vox Communications, a subsidiary of Pervasip, announced it has signed an agreement with NeoMagic Corp to offer Vox Communications’ digital phone and video service. PVSP is currently trading at $0.0220 with over 1 million shares traded.
Looking for big board stocks. We recently launched a partner site over at active-investor.com. Covering the latest stock market news, Active Investor takes a look across all the sectors for the hottest stocks moving today.
Disclaimer: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock at the time of this posting. Do not use the above information as investment advice. It is for entertainment purposes only. Penny Stock Strategy is not liable for any losses you may incur.
Crowne Ventures Inc. (OTC:CRWV) is up 20% this morning after the company announces they have signed a letter of intent for gold mine claims. CRWV has traded over 14 million shares so far this morning.
NuState Energy Holdings, Inc. (OTC:NSEH) is up 857% at $0.0067 with an intraday high of $0.0090. Earlier today the company announced a share exchange agreement with GLINS International NV. NSEH has traded over 24 million shares so far today.
Shares of Dune Energy Inc. (OTCBB:DUNR) are up 18% this morning at $0.17 with an intraday high of $0.1789. DUNR has traded over 1 million shares so far today, close to double its average volume.
Valcom, Inc. (OTC:VLCO) is up 25% this morning at $0.0538 and was as high as $0.0549 earlier today. VLCO has traded over 2.7 million shares this morning.
Looking for big board stocks. We recently launched a partner site over at active-investor.com. Covering the latest stock market news, Active Investor takes a look across all the sectors for the hottest stocks moving today.
Disclaimer: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock at the time of this posting. Do not use the above information as investment advice. It is for entertainment purposes only. Penny Stock Strategy is not liable for any losses you may incur.
