JAMN

Jammin Java Corp. (OTCBB:JAMN) is seeing gains of over 15% today at $0.8270 with a high of $0.93 earlier today. JAMN has traded over 1 million shares so far today after the company expanded its license with Marley Coffee.

Shares of Sino-Forest Corp. (OTC:SNOFF) are gaining over 16% today, trading at $6.33 with an intraday high of $6.89. SNOFF is up on relatively light volume with only 370 thousand shares traded today, about a third of its normal volume.

Platinum Studios, Inc. (OTCBB:PDOS) is up 37% today at $0.0240 with an intraday high of $0.0268. PDOS is trading nearly triple its average volume right now with over 11 million shares traded.

Mobile Data Corp. (OTCBB:MBYL) is up 24% today with over 4 million shares traded so far. MBYL is currently trading at $0.05 with an intraday high of $0.08.

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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.

Not a lot going on in penny stocks today or the whole market for that matter as investors are still worried about a potential credit downgrade. There are a couple of penny stocks moving today including old favorite JAMN.

Jammin Java Corp. (OTCBB:JAMN) is up 36% at $0.89 and was as high as $0.97 earlier today. The company announced a distribution deal with First Choice Coffee Services worth an estimated $2.5 million. JAMN has traded nearly 3 million shares this morning following this news.

Silver Falcon Mining, Inc. (OTC:SFMI) is up 28% at $0.14 with close to 2 million shares traded so far today. The company reported earlier this morning first time gold flows from War Eagle Mountain in over 100 years.

My Social Income, Inc. (OTC:MSOA) is up 12% at $0.0009 with an intraday high of $0.0014. The company announced this morning that they have secured Chase Consulting Group for a nationwide initiative. MSOA has traded over 80 million shares so far today, well above its daily average of 400 thousand shares.

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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.

Wall Street continues its gains today on optimism that Greece will get its austerity measures passed when it votes on Wednesday. Each of the major indices are up over 1% with the Dow up over 125 points. Technology stocks led the way today with Microsoft seeing its biggest one day jump since September, rising more than 3%. Penny stocks are being led by GLER today, which has seen gains of over 100%.

Portage Resources (OTC:POTG) is up over 14% today at $0.8440 with an intraday high of $0.89. POTG has been steadily rising the past couple of weeks when it was as low as $0.12. POTG has traded nearly 30 million shares with about 2 hours left in the trading day.

Global Earth Energy, Inc. (OTC:GLER) is up 93% at $0.0056 with an intraday high of $0.0067. GLER’s rise comes after the company announces a 3 year contract worth an estimated $360 million from a large international coal group. GLER has traded over 220 million shares.

Shares of Jammin Java Corp. (OTCBB:JAMN) is up over 16% at $1.28 with an intraday high of $1.40 JAMN has is trading about half its daily volume with about 2.2 million shares traded so far.

Bebida Beverage Company, Inc. (OTC:BBDA) is up 17% today after the company announced it was partnering with a Budweiser distributor in Michigan that will cover 41 counties in the state. BBDA is currently trading at $0.0130 with an intraday high of $0.0179.

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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.

The stock market is getting hammered today with each index down over 1%. European debt worries weighed heavily on investors today since there was no major U.S. economic news. The S&P lowered Italy’s debt rating from stable to negative. It will be interesting to see what the market does later this week as the Commerce Department will be releasing new housing numbers and a revised estimate of how the economy did in the first quarter. WAMUQ is the big mover today in penny stocks, and GNTA took a nose dive after bad news.

Washington Mutual Inc. (OTC:WAMUQ) is up 40% after the company agreed on post-bankruptcy control. WAMUQ is trading at $0.1102 with an intraday high of $0.16. Washington Mutual is up on big volume today with over 73 million shares traded so far, well above its daily average of 3.4 million shares.

Jammin Java Corp. (OTCBB:JAMN) is down more than 6% today at $1.95 with an intraday low of $1.62. JAMN is trading above average volume today with nearly 6 million shares traded. The company released their latest financials on May 21.

Smokefree Innotec, Inc. (OTC:SFIO) is up 21% after the company announced that their RE/AL orders will be available today after website tests were finished. SFIO is trading at $0.0669 with an intraday high of $0.0740. SFIO is up on big volume with about 30 million shares traded with about half the trading day left.

Genta Inc. (OTCBB:GNTA) took a big hit today down over 50% at $0.0180 with an intraday low of $0.0130. GNTA released a PR this morning stating that their Phase 3 trial of Genasense showed no significant increase in overall survival. GNTA has traded over 47 million shares so far today, well above its daily average of 5 million shares.

Overall the ongoing debt crisis in Europe continues to weigh heavily on the markets. WAMUQ is the big winner today, while traders headed to the exits in a hurry on GNTA.

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.

The market is slightly down this morning after more bad news from the housing market. Sales of previously occupied houses fell 0.8% last month, well below some economists’ expectations who expected a jump last month. Oil has dropped below $100 per barrel this morning after the IEA said there is serious concern about the effect that higher energy prices will have on the global economy. Penny stocks continue to do their own thing with JAMN bouncing this morning after shorts covered their positions.

Shares of Jammin Java Corp. (OTCBB:JAMN) are up nearly 40% at $2.11 with an intraday high of $2.52. At market open, JAMN began bouncing as short traders started covering their positions. As daytraders came in to get a quick flip the stock went from around $1.70 to over $2.40 in about 30 minutes. Keep an eye on JAMN in the coming days for more potential moves.

Cono Italiano, Inc. (OTCBB:CNOZ) is trading flat at $0.07 with an intraday high of $0.1090. The company announced earlier today that they were expanding their manufacturing for their frozen food launch later this year. CNOZ has traded over 6 million shares today, well above its 3 month average of 1.3 million shares.

Inolife Technologies, Inc. (OTC:INOL) is up over 100% today at $0.006 with an intraday high of $0.0063. INOL has traded over 100 million shares today after the company announced this morning that it has launched Ancestral Origins on Facebook.

3Power Energy (OTCBB:PSPW) is up 43% at $1.29 with an intraday high of $1.45. On Monday, the company announced that it has closed the acquisitions of Seawind Energy and Seawind Services. PSPW had heavy selling after the news was released and kept going down to as low $0.69 yesterday before it began its bounce to where its out today. PSPW is trading around its average volume already today with over half the trading day left.

Overall the markets are trending downward in midday trading as the poor housing numbers weigh on investors minds. Penny stocks continue to buck the overall trend with JAMN bouncing big earlier this morning.

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.

The markets are trading a little higher this morning as investors wait to see what the Federal Reserve’s says about the economy later today. Technology stocks saw a good boost after Dell reported better than expected profits. Penny stocks which have been dominated by coffee stocks in recent days have seen those same coffee stocks dip hard today.

Jammin Java Corp. (OTCBB:JAMN) is down 32% today at $1.56 with an intraday low of $1.49. JAMN has been steadily declining since late last week when it was trading at over $6. JAMN is down on big volume this morning with over 8.2 million shares traded, well above its daily average of around 4 million shares. Here’s JAMN’s latest 10-K which was released yesterday.

Lithium Exploration Group (OTCBB:LEXG) is up over 7% today at $3.12 and was as high as $3.30 earlier today. LEXG has been on a steady march up after dropping to around a $1.30. Decent volume on LEXG today with about 2 million shares traded so far.

Shares of Pervasip Corp. (OTC:PVSP) are up 20% after the company announced that NetCapital has signed an agreement to buy out Pervasip’s lender. PVSP is currently trading at $0.055 with an intraday high of $0.0750. PVSP is up on good volume as well with over 9 million shares traded.

Baristas Coffee Company Inc. (OTC:BCCI) is down 30% at $0.24 with an intraday low of $0.218. It looks like BCCI is done after having its big run up last week. BCCI has traded over 2 million shares so far today.

Traders continue to wait this morning for the planned remarks by the Fed on the broader economy. As for the otc and otcbb markets, the coffee stocks continue to dominate – this time to the downside. Definitely be on the watch for any bounces on BCCI and JAMN.

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.

The overall stock market is dipping today as a poor outlook from HP and weak economic data weighs heavily on stocks. The housing market in particular took a big hit today as new home construction permits were down in April. In penny stocks, JAMN continued its descent while LEXG has been in an uptrend the past few days.

Jammin Java Corp. (OTCBB:JAMN) continues to dip today down 34% at $2.21 with an intraday low of $2.12. JAMN has been steadily trending downward since Monday when it was near $6. This big sell off has been accompanied by big volume with over 13 million shares traded so afar today.

Lithium Exploration Group (OTCBB:LEXG) is going higher for the third day in a row up 12% at $2.82 with an intraday high of $3.16. LEXG is having another big volume day with over 4.5 million shares traded with about an hour left in the trading day. The company released a PR this morning addressing shareholders and their strategic plan.

Smokefree Innotec, Inc. (OTC:SFIO) is having a big sell off today after it had its run up on news the past week or so. SFIO is down 31% at $0.0469 with an intraday low of $0.0382. SFIO is down on huge volume with over 73 million shares traded, well above its daily average of around 15 million shares.

Cono Italiano, Inc. (OTCBB:CNOZ) is up 7% at $0.14 with over 25 million shares traded. The stock was as high as $0.245 after the company announced it was featured on Food Network’s “Unwrapped” series.

Bad economic data is definitely keeping the broader markets negative today. With the coming end of QE2 and the looming debt ceiling fight it looks like traders will be taking incoming throughout the coming months. Luckily for us at Penny Stock Strategy where the market is always crazy. That’s why we love it.

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.

The overall market is trending slightly higher this morning even as eurozone debt fears weigh heavily over the market. Eurozone financial ministers are meeting today and are expected to back a bailout plan for Portugal and pressure Greece into enacting more austerity measures. More bad news today as the U.S. hits the debt ceiling. Timothy Geithner urged Congress to raise the debt ceiling “to protect the full faith and credit of the United States and avoid catastrophic economic consequences for citizens.” Penny stocks continue to active with JAMN dipping hard and the old favorite LEXG seeing big gains today.

Jammin Java Corp. (OTCBB:JAMN) is down 24% at $3.90 and traded as low as $3. JAMN is the most traded penny stock again today with nearly 13 million shares traded so far. As always the intraday bounces on JAMN are always big with potential bounces from the low $3.00s to over $4 already today.

Baristas Coffee Company Inc. (OTC:BCCI) is having a crazy trading day so far with its intraday price any where between $0.38-$0.84. After the stock opened this morning it ran to $0.84 and then tanked all the way down to $0.38 and from there bounced to around $0.60. BCCI is currently up on the day about 6% at $0.62 with over 7 million shares traded.

Lithium Exploration Group (OTCBB:LEXG) is up nearly 40% at $2.55 with an intraday high of $2.65. It looks like LEXG is starting to get a little momo back. I don’t think it will make another huge run like before, but who knows anything can happen with these penny stocks.

Smokefree Innotec Inc. (OTC:SFIO) has been steadily moving up the past week since it released news. SFIO is up 27% at $0.074 with an intraday high of $0.078. SFIO is up on heavy volume today with over 38 million shares traded, well above its daily average of around 15 million shares.

As always expect the unexpected with penny stocks. Everyone thought LEXG was probably done, and now it shoots up 40%. Coffee stocks keep going crazy as traders think they can all be JAMN now.

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.

The broader market is faltering in morning trading as the CPI (consumer price index) rose another 0.4% last month. The Nasdaq is getting hit the hardest following news that Cisco Systems Inc. is preparing for its biggest layoffs in the company’s history. Thousands of jobs are expected to be cut as the company tries to slash costs by $1 billion. As usual penny stocks never follow the overall market trend with JAMN and SFIO leading the pack again today.

Jammin Java Corp. (OTCBB:JAMN) is up another 5% on big volume with over 6 million shares traded so far. JAMN has been huge over the past few months and continues to trend upward. Traders should definitely keep this on their watch list over the next few days and weeks ahead.

Shares of Smokefree Innotec, Inc. (OTC:SFIO) are up 18% at $0.07 with an intraday high of $0.0860. At market open, SFIO dropped as low as $0.0325, a bounce trade from there would have netted traders over 100% gains today. SFIO has been a hot stock lately and was trading at less than $0.01 on Monday.

Healthy Coffee International, Inc. (OTC:HCEI) is up 128% on huge volume with nearly 7 million shares traded. HECI is trading at $0.24 right now with an intraday high of $0.2690. It seems like traders are buying up any coffee company they can find in hopes that JAMN’s momentum will carry over to these other stocks. So far it looks to be working.

Rapid Fire Marketing, Inc. (OTC:RFMK) is up 100% at $0.0230 with an intraday high of $0.0290. RFMK is up on nearly 36 million shares traded. The company announced on May 10 that their cannabis management is looking to expand business.

Coffee stocks continue to be en vogue with penny stock traders for some reason. JAMN obviously leads the pack with gains stretching for weeks now. Overall market conditions continue to look shaky after the CPI numbers came out this morning. The looming layoffs at Cisco also has the market feeling negative. For next week traders should continue to watch the coffee stocks on the otc/otcbb. JAMN may be getting a little over extended so if you like to short it may be one to watch.

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.

With falling commodity prices and a poor quarterly outlook from Cisco, the stock market is down across the board this morning. Traders are taking their money out of riskier assets and are starting to question the strength of the economic recovery. Meanwhile, Cisco warned that they will perform worse this quarter then Wall Street is expecting and is seeking job cuts globally. JAMN has now eclipsed LEXG as the hot penny stock right now and has surged up 50% today.

Jammin Java Corp. (OTCBB:JAMN) is up over 50% today at $6.27 with over 8 million shares traded today. JAMN has been up huge over the past few weeks with possible gains of over 200%. The company announced earlier today that they are bringing on Balram Vaswani as its President of Caribbean Operations. The momentum behind JAMN is absolutely crazy right now, who knows how high it will go.

Smokefree Innotec, Inc. (OTC:SFIO) is up nearly 70% this morning at $0.0360 with an intraday high of $0.0440. SFIO has traded nearly 6 times its daily average volume with about 60 million shares traded so far today. The company announced yesterday that their Smokefree RE/AL cartons have shipped and awaiting customs clearance.

Javalution Coffee Co. (OTC:JCOF) is up 53% at $0.56 with an intraday high of $0.6420. JCOF is up on big volume as well with nearly 10 million shares traded so far today. A lot of these coffee stocks have been going crazy lately. JAMN, BCCI, and now JCOF have all made some good moves the past few days and weeks.

Weak economic data today points to a possible faltering recovery. Continued turmoil in the Eurozone is also weighing heavily on the markets. Thankfully penny stocks do their own thing and today’s big movers seem to defy logic. JAMN continues to be a runner though it has given traders multiple opportunities for flips today. Definitely one to keep on your radar.

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.