The stock market is trending higher again today, but not as high as yesterday. Better consumer confidence numbers and European hopes sent the Dow up 93 points in midday trading. The Nasdaq and S&P are both up as well moving 2 points and 9 points respectively.
The penny stock market has picked back up a little bit today with RAYS, RXPC and RCLL all seeing decent gains in morning trading.
Raystream Inc. (OTCBB:RAYS) is up 7.45% at $2.02 in midday trading. RAYS is up on big volume today with over 2.1 million shares traded, about 500 thousand shares short of its daily average. RAYS as you may recall was the big pump and dump from the past two months. It looked like the pump was over after it had its big dip earlier this month, but it has been trending back up since mid November. [click to continue…]
Stocks are turning negative today despite better than expected economic data. Nonfarm payrolls increased by 103,000, well above most economists expectations. It looks like the investors are more worried about Europe right now though and what’s going to happen there.
Penny stocks are on fire today, let’s take a look at 4 of them.
AlumiFuel Power Corp. (OTCBB:AFPW) is up more than 230% today at $0.0091 with an intraday high of $0.0094. AFPW has been trending upward the past two days after announcing a military contract with the U.S. Air Force. AFPW has traded over 52 million shares so far today, well above its average volume of 500 thousand shares. [click to continue…]
The market has been trading up and down most of the day today as investors hope that European finance ministers would take action soon to prop up the region’s economies. The Dow has fallen off its highs and is trading up about 80 points right now. The Nasdaq is down about 1% and the S&P is up barely.
Blockbuster is up again today in pennyland after announcing its streaming service last week. RXPC and WRAP have also seen decent gains today.
Blockbuster Inc. (OTC:BLOAQ) is up more than 20% today at $0.1270 with an intraday high of $0.1380. Blockbuster announced a new streaming service last week. Traders bought the rumors of the news and then sold when the news came out. Today it is bouncing back after the big sell off on Friday. [click to continue…]
The major indexes are down this morning following a weak sales report. Retail sales were flat in August as consumers spend less on vehicles, clothing and other retail items. Analysts believe that Hurricane Irene also played a part in the weak retail sales.
WAMUQ is the big penny stock winner so far this morning with RXPC and BHRT seeing some gains as well.
Washington Mutual Inc. (OTC:WAMUQ) is up nearly 30% after their reorganization plan was rejected again. This is seen as a victory among shareholders of WAMUQ because shareholders would receive pretty much nothing under the original reorganization plan. WAMUQ is currently trading at $0.0870 with an intraday high of $0.1144.
Radient Pharmaceuticals Corp. (OTC:RXPC) is up 10% at $0.0042 and was as high as $0.0053 earlier this morning. RXPC announced earlier today that they have filed international patents in Australia and New Zealand. Over 30 million shares of RXPC have been traded so far today.
Shares of Bioheart, Inc. (OTCBB:BHRT) are up 11% at $0.08 with an intraday high of $0.0895. BHRT announced a U.S. FDA clinical program using adipose cells this morning. BHRT is trading double its normal volume with over 1.2 million shares traded so far today.
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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 markets are taking a bit of a beating today after the August jobs report was released. No new jobs were added in August and this is causing a lot of investors and analysts to worry about another recession.
Let’s take a look at some penny stocks posting big gains today.
Crowne Ventures, Inc. (OTC:CRWV) is a previous pump seeing a bit of action today and is up over 27%. CRWV is currently trading at $0.0351 with an intraday high of $0.0368. CRWV has traded over 14 million shares so far today.
Findex.com Inc. (OTCBB:FIND) is up over 400% at $0.0190 and was as high as $0.0250 this morning. FIND has traded nearly 8 million shares so far today.
STW Resources (OTCBB:STWSE) is up over 100% today with 4.1 million shares traded. STWSE is currently trading at $0.09 with an intraday high of $0.13.
Radient Pharmaceuticals (OTC:RXPC) is up 17% today at $0.0160 with an intraday high of $0.0199. RXPC has traded over 11.6 million shares today.
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.
Wall Street is rallying big today thanks to better than expected unemployment news and yesterday’s big sell off. Investors saw today’s economic news as a sign that the economy may not be heading toward another recession. Penny stocks have also seen some big movers today including MMTC and RXPC.
Micro Imaging Technology, Inc. (OTC:MMTC) is up 50% on big volume with nearly 60 million shares traded so far today. MMTC is currently trading at $0.0175 with an intraday high of $0.0194.
Radient Pharmaceuticals Corp. (OTC:RXPC) is up over 70% after the company announced the availability of their Onko-Sure cancer test. RXPC is currently trading at $0.0665 with an intraday high of $0.0679.
Shares of Univec Inc. (OTC:UNVC) are up 44% at $0.0039 and were as high as $0.0044 earlier today. Over 86 million shares of UNVC have been traded so far today.
Therma-Med, Inc. (OTC:THRA) is up 66% at $0.0015 today. Over 130 million shares of THRA have been traded today and the stock saw an intraday high of $0.0018 earlier this morning.
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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 broke a three day losing streak today following comments made by Federal Reserve Chairman Ben Bernanke. Bernanke raised hopes of more stimulus when he told the House Financial Committee, “The possibility remains that the recent economic weakness may prove more persistent than expected and that deflationary risks might reemerge, implying a need for additional policy support.” This has helped keep investors minds off the continuing debt crisis in Europe following Moody’s downgrade of Ireland’s debt to junk.
On the penny stock front POTG continues to have big intraday moves and CDOI continues to trend higher.
Shares of Portage Resources (OTC:POTG) are up 11% today at $0.9120 with an intraday high of $0.9350. POTG has traded over 9 million share so far today.
Cardio Infrared Technologies, Inc. (OTC:CDOI) is up 18% at $0.0820 with over 47 million shares traded so far today. The company announced yesterday that they were in negotiations with multiple gyms. CDOI was trading as high as $0.0890 earlier today.
Muscle Pharm Corp. (OTCBB:MSLP) is up 17% at $0.0320 with an intraday high of $0.0350. MSLP has traded over 4 million shares today, about double its daily volume.
Shares of Radient Pharmaceuticals (OTC:RXPC) are up 17.5% after the company issued a corporate report today. RXPC is currently trading at $0.09 with an intraday high of $0.10. RXPC has traded over 5 million shares so far today, well above its daily average of 3.5 million 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.
