Wall Street is taking a big hit today as investors continue to worry about the ongoing debt crisis in Europe and the U.S. There are now concerns that Europe’s debt crisis is spreading to larger countries including Italy and Spain. Meanwhile in the U.S., lawmakers are at an impasse in the debt ceiling talks raising fears that there might now be an agreement before the Aug. 2 deadline.
There are plenty of active penny stocks trading today including POTG and CDOI. CDOI has seen gains of over 100% today.
Portage Resources (OTC:POTG) is up 13% after the company announced it was looking to acquire mining concession in Peru. POTG is trading at $1.02 right now with an intraday high of $1.04. Over 12 million shares of POTG have been traded so far today.
Shares of Cardio Infrared Technologies, Inc. (OTC:CDOI) are up 123% today at $0.0670 and were as high as $0.0710. CDOI has traded nearly 100 million shares with half the trading day left.
MultiCell Technologies, Inc. (OTCBB:MCET) is up 25% with over 70 million shares traded. MCET is trading at $0.0107 with an intraday high of $0.0150 following news that the company and University Health Network are evaluating two potential therapies for liver cancer treatment.
SavWatt USA, Inc. (OTCBB:SAVW) is up 46% today and has traded over 112 million shares with about 2 hours left in the trading day. SAVW is trading at its high of the day right now at $0.0057.
Smart Holdings, Inc, (OTC:SMHS) is up 150% today after the company sets date to launch drug sales program on National TV. SMHS is trading at $0.0080.
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