Finally a decent green day for Wall Street. After a declining in the past couple of weeks, stocks bounced today as investors look to buy over sold stocks. This could be a short lived rally though as Europe continues to be a problem.
The Facebook IPO continues to be a huge disappointment after financial pundits and ‘experts’ hyped the stock over the past month. Facebook is currently trading down more than 10% at $34.2, below its IPO price of $38 and well below its high of $45.
The main penny stock pump, GWBU, is off to a slow start as it is trading in the red today.
Great Wall Builders Ltd. (OTC:GWBU) is down about 8% today as its pump starts slow. Many traders were able to guess the newest pump before it became “official” sending the stock up from around $0.50 to over $1. GWBU has been releasing news on a daily basis over the past few days with most of the news revolving around its distributor, NESS Tech.
Sunpeaks Ventures, Inc. (OTC:SNPK) is up 18.46% today at $0.1540. SNPK has traded 6.4 million shares so far today and trades 24.6 million shares a day on average. This once high flying pump has seen a 100% bounce over the past couple of days after hitting a low around $0.08.
Luxeyard, Inc. (PINK:LUXR) is down 10.24% this afternoon at $1.14. LUXR has traded 612 thousand shares so far today and trades 944 thousand shares a day on average. LUXR has dropped $1 after a massive rally in April sent the stock from $0.60 to over $2.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Disappointing economic news have stocks trading slightly lower heading into the lunch hour. Only 119,000 jobs were added in the private sector last month according to the ADP report. Economists were expecting 170,000. Factory orders also dipped in March by 1.5%, the biggest drop in three years according to the Commerce Department.
The Dow is down 27 points, the Nasdaq is up 4 points and the S&P 500 is down 4 points.
Great Wall Builders Ltd. (OTC:GWBU) is up 51.25% today at $0.6050. GWBU has seen more than 6 million shares traded hands today as it hits a new high of day. Great Wall Builders announced yesterday a new chairman and directors. This could be a new pump getting started as this is the first day with any meaningful volume and the news isn’t anything earth shattering.
Universal Bioenergy Inc. (PINK:UBRG) is up 44.37% today at $0.0231. UBRG has traded 19.2 million shares so far today, well above its daily average of 4 million shares. UBRG announced today its subsidiary NDR Energy signed a contract with the largest gas utility in U.S. for natural gas storage.
Integrated Biopharma Inc. (OTC:INBP) is up 380% today at $0.12. INBP has traded 2.3 million shares so far today and hit an intraday high of $0.19 earlier. INBP has seen no news today to explain the big jump in volume and percentage move. This could also be a smaller promotion going on with this stock.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks are getting hammered today as investor worries over Europe grow. Political uncertainty is rampant in Europe today as French President Nicolas Sarkozy finished second in the first round of elections, a first in the present electoral system.
Budget talks in the Netherlands fell apart today causing the Prime Minister and his cabinet to resign. This has also raised concerns about the country’s AAA rating.
The Dow is currently down 137 points, the Nasdaq is down 34 points and the S&P 500 is down 14 points.
Liquidmetal Technologies Inc. (OTC:LQMT) is up 30% today at $0.53 and hit an intraday high of $0.6349 this morning. LQMT has traded 19 million shares so far today, 9 times its daily average. LQMT shares have jumped as much as 200% in the past week as rumors about the company working with Apple on their latest iPhone.
SEFE, Inc. (OTC:SEFE) is up 21% today as investing forums are abuzz about this stock being pumped by the same people that pumped LEXG. SEFE has traded 8.1 million shares already today, about 8 times its normal volume.
Sunpeaks Ventures, Inc. (OTC:SNPK) is up 2.52% today at $1.22. SNPK has traded 8.4 million shares so far today and averages 24 million shares daily. SNPK shares are holding steady right now after taking a big hit late last week as the pump finally saw its dump.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks are falling this afternoon as fears over the eurozone weigh heavily on investors’ minds. Big tech companies including IBM and Intel are also keeping stocks lower today. The Dow is down 60 points this afternoon, the Nasdaq is down 12 points and the S&P 500 is down 4 points.
The big news in the OTC market today though is what is currently happening with SNPK. SNPK has been on an unbelievable rally for months now and that all came to a halt just a few hours ago as selling pressure began pouring into the stock. The stock is now in a free fall as traders panic and sell their shares.
Sunpeaks Ventures, Inc. (OTC:SNPK) is tanking today and is currently down more than 60% at $0.74. SNPK has traded 46 million shares this afternoon, blowing its daily average of 20.8 million shares out of the water. As always with these pumps, a dump will come and it will be big when it happens.
SEFE, Inc. (OTC:SEFE) is down slightly today at $1.50 with an intraday high of $1.59. SEFE has traded 4.6 million shares already today, 6 times its normal volume. SEFE shares have jumped up nearly 100% in the past 3 weeks.
American Liberty Petroleum Corp. (OTC:OREO) is up 12.67% this afternoon at $1.69. OREO hit an intraday high of $1.87 earlier today and has traded 2.6 million shares so far. OREO shares have jumped about $0.50 a share since last Friday.
Liquidmetal Technologies Inc. (OTC:LQMT) is up 25.33% today at $0.1880. LQMT has traded 5.3 million shares so far today, 4 times its average volume. LQMT got off to a great start this morning and hit $0.2150, but has since sold off some and is trading flat right now.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Trading is mixed in afternoon trading today as a disappointing homebuilder sentiment report sent some stocks lower. The Nasdaq is trading lower today as Apple falls more than 3% and Google dips more than 2%.
Homebuilder sentiment fell to levels not seen since January. Sentiment was up as a warmer winter and an improving company saw buyers starting new homes.
The Dow is up 90 points, the Nasdaq is down 21 points and the S&P 500 is up slightly.
Sunpeaks Ventures Inc. (OTC:SNPK) is up 6.11% this afternoon at $1.91. SNPK has traded 14.3 million shares so far today and trades 20.5 million shares a day on average. SNPK shares continue to trade higher as the stock promotion campaign remains in full effect. The company has also been releasing news at a steady clip with. Sunpeaks Ventures announced on Friday it has signed an advertising and promotion agreement with another major sports team and that Clotamin will be sold at all Walgreens locations in Arizona.
Converted Organics Inc. (PINK:COIN) is up 62.42% today at $0.0268. COIN has traded 68.7 million shares so far today, more than double its average volume. COIN shares have jumped nearly 300% in the past week.
SEFE, Inc. (OTC:SEFE) is up 7.03% today at $1.37 with an intraday high of $1.38. SEFE has traded 2.1 million shares this afternoon, more than triple its average volume. SEFE shares are up nearly $0.20 in the past two days.
Xinde Technology Company (OTC:WTFS) is up 44.29% today at $0.1010 with an intraday high of $0.12. WTFS has traded 3.1 million shares so far today, 30 times its average volume. Xinde was granted two national utility model patents earlier today.
California Grapes International, Inc. (PINK:CAGR) is up 40% at $0.0042 with an intraday high of $0.0049. CAGR has traded 39 million shares so far today. CAGR shares have jumped about 400% in the past two days.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks are rallying this today as the market bounces back after five straight days of losses. Alcoa’s earnings helped push the markets higher this morning. Alcoa was expected to report a four cent loss, but instead saw earnings of ten cents per share.
Investors’ worries over Europe also diminished today as borrowing costs fell in Italy and Spain. Energy prices are mixed today with natural gas approaching a ten year low and oil prices jumping nearly $2 to $102.88.
The major stock indexes are up nearly 1% with the Dow up 97 points, the Nasdaq up 21 points and the S&P 500 up 11 points.
Sunpeaks Ventures, Inc. (OTC:SNPK) continues to trend higher today and is up 2.68% at $1.53. SNPK is still being promoted heavily by stock newsletters and the company continues to release news at a steady clip. SNPK has seen some major pullbacks on the way up though so it can and eventually will have another big sell off.
Converted Organics Inc. (PINK:COIN) is up 95% today at $0.0176. COIN is seeing huge volume today with 101 million shares traded so far. COIN shares hit an intraday high of $0.0180 this afternoon.
East Coast Diversified Corporation (OTC:ECDC) jumped another 16% today at $0.0058 with an intraday high of $0.0077. ECDC has jumped about 100% in the past two days. Volume continues to be heavy in ECDC for a second straight day with 77.6 million shares traded.
DNA Dynamics, Inc. (PINK:DNAD) is up 100% today at $0.0032. DNAD has traded 71.6 million shares this afternoon and hit an intraday high of $0.0039.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks continue their fall for the fifth straight day due to disappointing economic news. The National Federation of Independent Business said its index of small business optimism fell last month after seeing six months of steady gains. Wholesale businesses also reported that they restocked shelves at a slower pace.
All eyes will be on Alcoa this afternoon as it kicks off the start of earnings season. The Dow is down 180 points, the Nasdaq is down 47 points and the S&P 500 is down 22 points.
FrogAds, Inc. (OTC:FROG) is up 21.95% in midday trading at $0.15 with an intraday high of $0.1548. FROG has traded 3 million shares so far today, well above its daily average of 1.6 million shares. FROG shares are bouncing back some today after the stock fell from $0.18 to $0.12 last week.
SEFE, Inc. (OTC:SEFE) is up 4.10% today at $1.27. SEFE has traded 2.9 million shares in midday trading, 7 times its daily average. SEFE announced today it is moving to new Science and Technology Center in Boulder, Colorado.
Cannabis Science, Inc. (OTC:CBIS) is down 16.90% today at $0.1180. CBIS shares have fallen more than $0.06 a share in the past week. CBIS has traded 13.8 million shares so far today.
HDS International Corp. (PINK:HDSI) has fallen 14.46% today at $0.0278. HDSI has traded 36.3 million shares so far today. HDSI shares are selling off today after bouncing about 200% in the past few days.
East Coast Diversified Corporation (OTC:ECDC) is up nearly 70% today at $0.0049. ECDC has traded 81.8 million shares so far today, way above its daily average of 138 thousand shares.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks are plummeting today as investors react to a disappointing jobs report. Worries over the euro zone also continue to plague the markets. Investors were also disappointed as the Fed gave no indication of further quantitative easing.
U.S. payrolls rose less than expected in March with employers adding only 120,000 jobs, although the unemployment rate did fall to 8.2%. Many analysts are now worrying that the U.S. will be unable to help boost the global economy as Europe’s debt crisis continues and worries over a China economic hard landing persist.
Heading into midday trading the Dow is down 143 points, the Nasdaq is down 33.68 points and the S&P 500 is down 17 points.
Sunpeaks Ventures, Inc. (OTCBB:SNPK) is up 18.58% today at $1.34. SNPK shares continue to trend higher as the promotion campaign behind it continues. SNPK has been hit by a few major sell offs along the way though. This stock can drop 50% in one day very quickly so beginner traders should beware.
Herborium Group, Inc. (OTC:HBRM) is up 52.08% in midday trading at $0.0219. HBRM has traded 113 million shares so far today. HBRM shares have rallied 400% since last Monday. Herborium is set to make some type of announcement tomorrow after delaying it last week.
HDS International Corp. (OTC:HDSI) is up 44.83% today at $0.0210. HDSI has traded 36.1 million shares so far today. HDSI shares have bounced back some over the past two days after falling from $0.15 to nearly $0.01 last week.
AISystems, Inc. (OTCBB:ASYI) is up 71.05% today at $0.0065. ASYI has traded 23.9 million shares so far today, way above its daily average of 110 thousand shares.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Stocks broke their three day losing streak today with slight gains across the main stock indices. That didn’t stop the Dow and S&P from having their worst weekly decline of the year. The Dow ended down 1.15% for the week while the S&P 500 ended down 0.50%. The Nasdaq managed to close 0.41% higher.
Penny stocks saw a lot of action today with pumps SNPK and NEOM dropping. There were winners out there though including SNDY, ECOS and POSC.
Solos Endoscopy Inc. (OTC:SNDY) finished the day at $0.0170, a 51.79% gain. SNDY traded more than 90 million shares today. SNDY shares have rallied more than 70% over the past two days.
Ecolocap Solutions (OTCBB:ECOS) finished the day up 75% at $0.0280. ECOS has rallied as much as 300% in the past two days. Ecolocap announced on March 22 positive results in Chile led to agreement with Fuel Emulsions International, Inc. The CEO of Ecolocap Solutions also said that recent activity in the stock is not due to a promotion on their part.
Positron Corp. (OTCBB:POSC) finished the day up 40.62% at $0.0225. POSC traded 20.2 million shares today, well above its daily average of 1.2 million shares. Positron announced today it received nuclear regulatory commission manufacturing and distribution agreement.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
Penny stocks are once again being dominated by heavy volatility today. One stock left for dead yesterday has been resurrected, becoming the most actively traded stock on the otc / otcbb market. Other volatile stocks are former pumps and message board plays. If you like the whipsawing action, today is your kind of day.
The broader ,market started off on solid footing pre-market until the housing market numbers came out. Most analysts were expecting a jump but instead we met with a decline in home sales. This continues to prove that while the economy is recovering, the pace is anemic at best. Also the foundation on which the broader economy is built upon, housing, refuses to recover. Most of the sales went to investors who are trying to time the recovery vs first time home buyers.
Active Penny Stocks
NEOM Stock
NeoMedia Technologies (OTC:NEOM) has returned from the dead today. Right now the stock is up over 75% on nearly 130 million shares traded. News out of the company continues to be nonexistent so this could be a case of day traders jumping in and out of the stock due to its high liquidity. Not sure anyone but the most risk-tolerant trader should even open his company up on a chart. We all saw what happened just days ago when the stock collapsed after a 400% run-up.
SNPK Continues to Meander
The once vaunted pump of PennyPic and AwesomePennyStocks continues to meander around in a range. Up 6% today on just over 6 million shares traded. The company continues to push out press releases at a fever pitch over their Clotamin drug. The FINRA investigation just seems to be holding back the stock. Questions on the message boards surround whether Awesome will continue its pump or if SNPK will languish before the inevitable dump.
CCTC Experiences a Sharp Sell-off
Clean Coal Technologies Inc (OTC:CCTC) is having a down day after they released their news this morning. The company announced that it had received the initial funding from the Archean Group. The deal was designed to give CCTC access to working capital. Safe to say traders were not enthused by the news. Currently CCTC is down 30% on extremely heavy volume. One to watch from the sidelines to see how low it goes. The risk-tolerant traders out there may look for bounce opportunities but it is like catching a falling knife.
Reports: TLON Gets FDA Backing
Now for a bit of good news on the penny stock front. Reports are hitting the wires that Talon Therapeutics (OTC:TLON) has received FDA backing for its leukemia drug. The stock is currently up over 10% on heavy volume. Should be an interesting stock to watch over the coming days if the reports come back confirming the FDA backing the drug.
We never hold a position in stocks we cover and are not investment advisors. This is for entertainment purposes only.
