The market is showing no direction today as all the major indices are trading flat this afternoon. Stocks started the day higher, but quickly turned negative as Ben Bernanke met with Congress. The Dow is down 13 points today, the Nasdaq is down 8 points and the S&P 500 is down about 2 points.
Penny stocks are also slow today with only a couple of penny stocks making any big moves.
Medical Marijuana, Inc. (OTC:MJNA) is up 9.26% today at $0.0720. MJNA has traded 42.4 million shares so far today and usually trades about 2 million shares a day on average. MJNA is continuing its upward trend today after announcing financing agreement for up to $4 million with CannaBANK.
North Springs Resources (OTCBB:NSRS) is up 40% today at $0.1560. This former pump bounced today after taking a beating for more than a week now. This rally may not last though unless someone starts pumping it again. NSRS has traded 26.3 million shares this afternoon.
Atrinsic, Inc. (OTC:ATRN) is up 16.37% this afternoon at $0.2630. ATRN has been trading in the range of around $0.20 to $0.26 over the past week. The stock rallied nearly 600% earlier this month when it moved from $0.05 to around $0.30. ATRN has traded 8.1 million shares so far today.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
The overall market is set to end the day mostly mixed as the market lacks any real direction. The Dow is down 9 points, the Nasdaq is up 5 points and the S&P 500 is up 1 point. The price of oil continues to rise today and is getting closer to $110 a barrel this afternoon. It looks like traders are wary of holding over the weekend after seeing gains earlier in the week.
Penny stocks have seen a lot of action and a lot of buzz today.
North Springs Resources (OTCBB:NSRS) is down 12.71% today at $0.2060. This old pump continues to dump after hitting a high of close to $2 earlier this month. NSRS has traded 44.2 million shares near the close. The stock traded about 59 million shares a day on average at the height of its pump.
America West Resources (OTCBB:AWSR) has been the most talked about stock today on the message boards. This stock rose about 300% yesterday after an email from Awesome Penny Stocks, the same group that pumped NSRS, picked this stock as their newest play. Everyone was raving about how this stock was going to go to the moon today. Well that all changed after the group sent out another email canceling the pick and said it was an error by their editor. This caused the stock to plummet from the previous close of $1.29 to a low of $0.50 today. AWSR is currently trading at $0.93.
Cannabis Science Inc. (OTCBB:CBIS) is up 9.63% at $0.0899. CBIS has traded 33.8 million shares so far today, well above its daily average of 1.7 million shares. Cannabis has jumped this week from about $0.04 to as high as $0.10.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
The overall stock market is trading mixed today with the Dow up 49 points, the Nasdaq down 8 points and the S&P 500 up 3 points. The Dow is nearing the 13,000 mark as investors are optimistic for a solution in Greece. Gains are small though as traders look forward to the extended weekend.
Penny stocks continue to see old favorites show lots of volume.
East Coast Diversified (OTCBB:ECDC) is up 93.42% today at $0.0147. ECDC has traded 45 million shares today and hit an intraday high of $0.0199 shortly after market open. ECDC shares are up from less than $0.005 to nearly $0.02 in the past two days.
RTG Ventures Inc. (OTC:RTGV) is up 75% this afternoon at $0.028. RTGV has traded 178 million shares so far today. RTG Ventures offers music & entertainment technology solutions and digital marketing services.
North Spring Resources (OTCBB:NSRS) is up 8% today at $0.5610. NSRS is up on large volume with 47 million shares traded so far today. NSRS continues to release news on a near daily basis. Today, the company announced it has signed a letter of intent to acquire four producing gold properties.
Atrinsic, Inc. (OTC:ATRN) is up 11.78% today at $0.2950. ATRN has traded 24.1 million shares this afternoon, above its average of 17 million shares. ATRN shares are rebounding today after dipping on Wednesday.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
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.
Stocks are moving higher today after Greece politicians passed new austerity measures in order to receive a second bailout package. Protests have erupted in Greece as people and police clash over the unpopular austerity measures. Apple shares went over $500 for the first time earlier today before falling back below it.
The major indices are all up over 0.5% with the Dow up 67 points, the Nasdaq up 24 points and the S&P 500 is up 8 points.
Atrinsic, Inc. (OTC:ATRN) is up 36.56% today at $0.2230. ATRN has traded 14 million shares so far today. ATRN shares are up more than 500% in the past few weeks. Back in late January, ATRN was trading at less than $0.04 before starting its big move upward. No news on ATRN so it could be a possible promotion causing this big move.
Solos Endoscopy Inc. (OTC:SNDY) is up 78.79% today at $0.0059. SNDY has traded 94.4 million shares this afternoon. No recent news on SNDY after it has popped up more than 100% in the past two days.
Ants Software Inc. (OTC:ANTS) is up 25.22% today at $0.0288. ANTS has traded 21 million shares today, three times its average volume. No news on ANTS either. Looks like a lot of possible stock promotions going on in penny stocks today.
NSRS also saw some action today. The stock is up about 10% right now at $0.7350. NSRS had been dropping for about a week now after briefly going over $1.60 on Feb 7. Since then, the stock has dropped by 50% and it looks like this pump could be winding down.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
The overall market is trading slightly higher this afternoon despite news of a Greece deal and good economic data. It looks like investors either don’t care about the Greece deal or still believe that it’s not a done deal. Either way, stocks aren’t reacting as you would think they should. The major indexes are only about 0.20% right now. The Dow is up 25 points, the Nasdaq is up 11 points and the S&P is up 3 points.
In penny stock land, NSRS is taking a beating today. The stock is currently trading at $0.53, a 45% drop from its close yesterday. Not even news that that the company was sending its drill core samples to a lab could save the stock today. As always with these pumps, there is the inevitable dump. Some just take longer than others for it to happen. In NSRS case it took more than a month and the ride up saw traders making big gains. Expect NSRS to have big volume in the next few days as traders come in looking to bounce it or existing shareholders to continue to sell the stock.
Unity Management Group (OTC:UYMG) is posting big gains today. UYMG is trading at $0.0078 right now, up 47.17%. The company announced earlier today that its subsidiary received order and completes contract. The stock opened at $0.0125 which was also was its intraday high and has sold off since then.
Energy 1 Corp. (OTC:EGOC) is up 88.89% today at $0.0017. EGOC is up today after the company put out a press release announcing a Q&A conference call. EGOC has traded 115 million shares so far today.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
The high flying pump of North Springs Resource (OTC:NSRS) looks like it was winged from the opening bell today. Currently down over 30%, the dump looks to be on in full-force. On the broader market, tension is flaring as the Greek saga just refuses to be resolved. The constant supply of upbeat rumors are slapped down by pessimistic facts. This is creating a sense that Greece is heading for an inevitable default. The drop-dead point for the second Greek bailout is in March. Without the funds, the country will enter into an uncontrolled default and contagion could spread to other EU countries.
Back to the once high-flying NSRS. The run on this one has been incredible and lasted most of January into February. But like all pumps, the dump eventually comes. The old adage of ‘take your profits’ is being learned the hard way by the new bag holders who were late to the party or by traders who wanted that moon shot.
News out of the company is continuing at a brisk pace. Today they announced that they received additional geochemical results from their Imperial Property in Nevada. Sounds awfully close to a fluff press release and judging by the price action, most traders agree. Volume on the stock has been extremely heavy with the sell-off accelerating. Currently nearly 48 million shares have changed hands today.
Overall it looks like the pump is over and traders watching it should be prepared to move on. Looks like this is becoming a shorter’s dream so don’t be surprised if you see Timothy Sykes jumping all over this one.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
The overall market is looking stronger in afternoon trading after starting the day down. Worries over Europe sent the market lower in the first few hours of trading, but have since recovered on reports that a deal is close in Greece. Ben Bernanke also calmed investors’ fears today, saying the Fed will protect the U.S. from a Europe default.
Penny stocks continue to do their normal thing today. NSRS is still seeing gains everyday in what has to be one of the longest pushes by stock promoters in a long time. SPAH and FORC are also seeing good gains today.
North Spring Resources (OTCBB:NSRS) is up another 9% today at $1.62. NSRS has traded 27 million shares so far today and trades 34 million shares a day on average. NSRS continues to trend higher thanks to a continuous pump by internet newsletters. The company has also helped keep investors’ attention by releasing nearly daily PRs talking about their mining operations. Today, North Spring Resources announced it will release a video of recon conducted at multiple historic mining operations within three miles of Goldstar Property.
Spectrum Acquisition (OTC:SPAH) is up 33% today at $0.0305 with an intraday high of $0.035. SPAH has traded 21 million shares so far today. No recent news today as the stock quickly ran to $0.035 before coming back down and settling around $0.03.
Force Energy Corp. (OTCBB:FORC) is up 25.71% today at $0.0880 with an intraday high of $0.0960. FORC shares are up today after the company announced it will delineate drill targets on Zoro 1 property. FORC has traded 6.4 million shares so far today.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
NSRS continues to go higher today. Looking at the overall market, stocks are lower as concerns over Greece’s debt situation take center stage. The Dow is down 35 points, the Nasdaq is down 4 points and the S&P 500 is down 1 point.
Penny stocks are seeing many winners today. NSRS continues to shine as the company continues to release news and newsletters continue to pump it up. Other penny stocks going up today include ECIT and CSOC.
North Springs Resources (OTCBB:NSRS) is up 20.87% today at $1.39. NSRS has traded nearly 20 million shares so far today and hit an intraday high of $1.49 earlier today. North Springs announced it has received initial sampling results from Imperial Property in Nevada. Over the past month, NSRS has jumped from $0.20s to well over $1.
Ecoland Inc. (OTCBB:ECIT) is up 33.33% in midday trading at $1.04. ECIT has traded 2 million shares today and trades 4.2 million shares a day on average. ECIT hit an intraday high of $1.12 shortly after market open today. Ecoland announced corporate update earlier today.
Caduceus Software Systems Corp. (OTCBB:CSOC) is up 78.01% at $0.0340 with an intraday high of $0.0390. CSOC has traded 13.5 million shares so far today, well above its daily average of 2.1 million shares. Caduceus announced it plans to integrate a cloud platform with its software systems.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
The overall stock market is rallying today after a positive report on jobs this morning. The Labor Department said companies hired 243,000 people last month. This is the strongest in nine months. The hiring spree caused the unemployment rate to fall to 8.3%. The Dow, Nasdaq and S&P 500 are all up more than 1% today.
On the penny stock front, NSRS continues to go higher as it goes over a buck today. EKDKQ and ATRN are also posting decent gains this afternoon.
North Spring Resources (OTCBB:NSRS) is up 19.79% today at $1.15. NSRS has traded 17.8 million shares so far today and hit an intraday high of $1.20 earlier. NSRS released new footage from its Goldstar property exploration program showing rig operation and core sample preparation. NSRS also continues to be heavily pumped with internet newsletters. Who knows how long this will last.
Eastman Kodak Co (OTC:EKDKQ) is up 17.32% today at $0.4810. EKDKQ has traded 23.8 million shares in afternoon trading at hit an intraday high of $0.5190 this morning. These bankrupt stocks tend to have a lot of daytraders come in and out of them to make quick money. Be careful though, when the company comes out of bankruptcy these shares will be worthless. Same thing happened with Blockbuster last year.
Atrinsic, Inc. (OTC:ATRN) is up 21.67% today at $0.0730. ATRN has traded 15 million shares today and was as high as $0.0850 this morning. ATRN shares were down for most of the week after it hit a high of over $0.09 last week.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
