Stocks have seen a decent bump today after encouraging news on the Greece debt crisis. French banks agreed today to accept slower repayment of Greece’s debt. This would allow Greece to meet its other more immediate financial obligations. Penny stocks have seen several movers early this morning with POTG leading the way with over 30% gains.
Portage Resources (OTC:POTG) is up 34% this morning at $0.75 with an intraday high of $0.7590. Over 18 million shares of POTG have been traded so far today. POTG is continuing its run from Friday when the company released news.
Purespectrum, Inc. (OTC:PSRU) is up over 37% at $0.0011 with an intraday high of $0.0013. PSRU has traded nearly 100 million shares so far today after having nearly no volume the past week. With no news released today, it looks like this could be a paid pump or rumors going around on message boards.
Shares of Nortel Networks Corp. (OTC:NRTLQ) are up 13% today at $0.0590 with and was as high as $0.0690 right after market open. NRTLQ has traded 4 times its average volume today with nearly 13 million shares. NRTLQ continues to have volatile trading ahead of its patent sale.
Bebida Beverage Company, Inc. (OTC:BBDA) is up 17% with over 11 million shares traded this morning. BBDA is currently trading at $0.0129 with an intraday high of $0.0143.
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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.
Stocks are getting hit hard today after an unexpected jump in the number of people applying for unemployment benefits. 429,000 people applied for unemployment benefits last week, much higher than what economists expected. This has sent the major indices in a free fall with the Dow down over 200 points, the Nasdaq down 30 points, and the S&P down 20 points. There are a few penny stocks making some decent gains today including BCLI and CBIS.
Brainstorm Cell Therapeutics Inc. (OTCBB:BCLI) is up over 30% this morning at $0.3850 with an intraday high of $0.42. BCLI is up on huge volume today with over 1.6 million shares traded, well above its average of just 96 thousand shares.
Cannabis Science, Inc. (OTCBB:CBIS) is up 36% with nearly 4 million shares traded. CBIS is currently trading at $0.0560 with an intraday high of $0.0580.
Shares of Nortel Networks Corp. (OTC:NRTLQ) are up 8% today with over 2 million shares traded. Bloomberg is reporting today that Apple Inc. has received approval from U.S. antitrust regulators to bid for Nortel patents. NRTLQ is trading at $0.0550 right now with an intraday high of $0.0595.
American Diversified Holdings Corporation (OTC:ADHC) is up 20% at $0.0058 after the company’s wholly owned subsidiary Rebel Networks signs a cloud computing development deal with OnApp Software. ADHC has traded over 23 million shares this morning following this news.
The market continues to tumble today following the poor jobs reports which has many investors worrying about the state of the economy. Oil is also seeing a sharp decline today, down over 5%.
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.
Stocks are up in early afternoon trading as there are signs of progress in the Greek debt crisis. France and Germany have reached an outline agreement to aid debt-ridden Greece. A gauge that measures the future of the U.S. economy was also stronger than expected causing stocks to see some gains today. While no big movers today in penny stocks, there are a few companies seeing decent gains.
Portage Resources (OTC:POTG) is up 25% today at $0.41 with a high of day at $0.4140. POTG has seen a lot of action since June 15 when the company released news of a new president and CEO. A bunch of sites also began promoting POTG as well and the stock has seen about a 300% gain since Wednesday. POTG has traded nearly 11 million shares so far today.
Nortel Networks Corp. (OTC:NRTLQ) is up nearly 26% after the company announced it was delaying the auction date for its patents by a week due to the amount of interest the company is seeing. NRTLQ is currently trading at $0.05 and has seen over 14 million shares in volume so far.
Shares of Newport Digital Technologies, Inc. (OTCBB:NPDT) are up 26% at $0.0043 with an intraday high of $0.0055. NPDT has traded over 55 million shares so far today. It looks like it’s moving on a promo since no news has been released and no real movement at any point the past week or so.
Green Technology Solutions, Inc. (OTC:GTSO) is up 20% at $0.96 with an intraday high of $1.04. GTSO is trading slightly above average volume today with nearly 200 thousand shares traded. On June 15, the company announced that they have selected Korea Resources Corp. to analyze Mongolian Rare Earths Ore.
Overall the market is up this afternoon, but it is off its highs. The somewhat positive news out of Greece seems to be helping the markets some today. Penny stocks saw some decent movers today, but no homerun type movers.
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.
