Jammin Java Corp. (OTCBB:JAMN) is seeing gains of over 15% today at $0.8270 with a high of $0.93 earlier today. JAMN has traded over 1 million shares so far today after the company expanded its license with Marley Coffee.
Shares of Sino-Forest Corp. (OTC:SNOFF) are gaining over 16% today, trading at $6.33 with an intraday high of $6.89. SNOFF is up on relatively light volume with only 370 thousand shares traded today, about a third of its normal volume.
Platinum Studios, Inc. (OTCBB:PDOS) is up 37% today at $0.0240 with an intraday high of $0.0268. PDOS is trading nearly triple its average volume right now with over 11 million shares traded.
Mobile Data Corp. (OTCBB:MBYL) is up 24% today with over 4 million shares traded so far. MBYL is currently trading at $0.05 with an intraday high of $0.08.
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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 trading slightly negative in midday trading as the debt ceiling talks are still deadlocked with no clear deal in sight. Democrats and Republicans are still pushing their own plans with just days left before the U.S. starts defaulting on financial obligations. If they do not get a deal done on the debt ceiling, the markets will react very negatively in the coming days.
Let’s take a look at some penny stocks that are seeing good gains today.
Sino-Forest Corp. (OTC:SNOFF) is up 16% at $7.92 with an intraday high of $8.18. SNOFF has traded over 1.4 million shares so far today and should finish the day with above average volume. SNOFF has been steadily increasing since it collapsed a month ago following negative coverage from Muddy Waters.
Micro Imaging Technology, Inc. (OTC:MMTC) is up 80% at $0.0045 with an intraday high of $0.0048. MMTC is having a big volume day as well with over 71 million shares traded so far.
Shares of Medical Care Technologies Inc. (OTCBB:MDCE) are up 33% at $0.0211 with an intraday high of $0.0260. The company announced today that its’ subsidiary Teddyberry has broken ground on the first of many private children’s health and wellness centers throughout China.
Bioheart, Inc. (OTCBB:BHRT) is up 30% at $0.1950 and was as high as $0.21 earlier this morning. BHRT has had over 1.4 million shares in volume 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.
Stocks are off to a slow start this week following a 5-day run last week. Volume is low today as investors are still making their way back from holiday vacations. Weak volume will probably continue the rest of the shortened week which will create volatility in the market. This could have a major impact on the market when the new jobs report is released on Friday. Penny stocks show no signs of a slow start today with SNOFF and NRTI leading the way.
Sino-Forest Corp (OTC:SNOFF) is up 71% today at $5.35 with an intraday high of $5.50. SNOFF has traded over 3 million shares so far today, over twice its average volume. SNOFF has been trending slightly higher ever since last week before gapping up this morning over $1 at market open.
Shares of TerreStar Corporation (OTC:TSTRQ) is up 54% at $0.0449 and was as high as $0.0570 shortly after market open this morning. TSTRQ has traded nearly 19 million shares this morning.
Xinde Technology Company (OTCBB:WTFS) is up nearly 40% today following news that a design breakthrough greatly improves performance of the company’s 6CT/6LT series of diesel engines. WTFS is currently trading at $0.1740 and has traded over 7 million shares.
Inergetics, Inc. (OTC:NRTI) is up 181% at $0.0045 with an intraday high of $0.0050. The company announced that they will become the exclusive provider of all nutritional products for NCAA athletes at West Point. Following this news, NRTI’s volume skyrocketed with over 53 million shares, well above its daily average of 335 thousand 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.
The market is trading flat today after the Fed said the recovery was going slower than expected, but offered no hints at further monetary support, saying economic growth should start to pick up. FCSC made a big move early this morning after their drug was given FDA approval and SNOFF continues to its volatile trading.
Fibrocell Science, Inc. (OTCBB:FCSC) is up nearly 7% at $1.24 and was as high as $1.785 after the company received FDA approval for its drug, LaViv. FCSC has traded over 14 million shares following this news, well above its daily average of around 900 thousand shares.
Sino-Forest Corp. (OTC:SNOFF) continues its volatile trading today and is up 22% with an intraday high of $2.58. SNOFF has traded about double its average volume today with over 2 million shares traded so far.
Shengdatech Inc. (OTC:SDTH) is up 34% today at $0.47 with an intraday high of $0.4970. SDTH has traded nearly 2 million shares today, well above its daily average of 190 thousand shares.
Shares of American Diversified Holdings Corporation (OTC:ADHC) are up 34% at $0.0047 with an intraday high of $0.0053. ADHC has traded over 44 million shares today.
Following the Fed’s statement, the market is trading flat today. It looks like investors are taking a step back today from the market and waiting for some other type of news to move the markets.
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 as investors expect Greece to avoid a debt default. If the Greek government wins a crucial vote of confidence on Tuesday night then it will lead to the passing of austerity measures and the immediate loans they desperately need. The 12 billion euros they will receive will only last them to September. Once they run out, the country will face even bigger challenges to get more loans from the EU to last them through the year.
Penny stocks saw a couple of good gainers today in MSOA and SHAR. SNOFF continues to go down as Muddy Waters continue their negative coverage of the company. Let’s take a look at these penny stocks.
My Social Income, Inc. (OTC:MSOA) is up 40% today after the company announced Q4 results and a net profit of $58,000. MSOA is trading at $0.0080 right now and was as high as $0.0150. Over 41 million shares of MSOA was traded today following the release of Q4 results.
Shares of Copper Holding Corp. (OTC:SHAR) are up 59% at $0.0175 with an intraday high of $0.0179. The company announced a stock buy-back and forward split update this morning. Nearly 17 million shares of SHAR have been traded so far today.
Sino-Forest Corp. (OTC:SNOFF) is down again today over 30% at $1.92 with an intraday low of $1.38. SNOFF has been steadily going down for over a week since Muddy Waters began its negative coverage of the company and had a huge short position in the company. SNOFF has traded over 6 times its average volume with over 6 million shares traded today.
The market is looking good today with traders expecting a resolution to the Greece debt crisis. Hopefully, Greece can get its bailout other wise we could be looking at a very volatile market in the weeks ahead.
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 government released a report that the U.S. trace deficit narrowed in April sending the market up today after 6 straight days of losses. U.S. exports saw a record high in April and imports declined because of fewer cars from Japan after their factories were damaged by the earthquake and subsequent tsunami. Penny stocks are seeing a slow day today with no big movers. SNOFF continued to trend slightly higher as traders wait to see what is exactly going to happen with that company.
Sino-Forest Corp. (OTC:SNOFF) is up 16% at $5.85 with an intraday high of $6.05. SNOFF continues to trend higher since hitting $4 on Tuesday. I would be careful with this stock though as it can go down big and quickly. If you’re interested in reading up on SNOFF, here’s a good Forbes article outlining everything about SNOFF.
Searchlight Solutions Ltd. (OTC:SLLN) is up 28% today at $0.0032 with an intraday high of $0.0038. SLLN announced details of their HPC2 computing service this morning. This caused the stock to gap open this morning at $0.0037. The only way traders made money on SLLN today was either to have already been in it or played the bounce this morning at the intraday low of $0.0027.
Shares of AURI Inc. (OTCBB:AURI) are up 7% today at $0.74 with an intraday high of $0.77. The CEO of Auri, Inc. was recently interviewed on Wall Street Reporter. During the interview the CEO discussed an overview of the footwear industry and how his company differentiates itself from other foot wear companies. You can listen to the whole interview here.
The broader market is having a good rebound day today following the government report on the trade deficit. Penny stocks are slow today with no big movers. As always the penny stock market rarely follows the overall market trend.
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 have been see sawing today and are currently down with about an hour left in the trading day. News of the economy faltering in several U.S. regions due to high gas prices and the Japan crisis causing reduced manufacturing output has dominated the news today. The price of oil saw a spike today as OPEC left its production levels unchanged and senior officials stating the meeting ended in disarray. On the penny stock side of things, SNOFF rebounded somewhat today after being bashed by a stock research company last week and early this week. HPGS was the big promotional pick today and saw a quick move up before selling off its highs.
Sino-Forest Corp. (OTC:SNOFF) is up 30% today at $5.45 with an intraday high of $5.60. SNOFF has been the target of Muddy Waters Research which has alleged that SNOFF has inaccurately reported its financial data. Following this report from Muddy Waters last week the stock dropped from nearly $18 on Thursday to as low as $4 yesterday. SNOFF for its part has strongly denied these allegations which has led the stock to go up today. It will be interesting to see how everything turns out for SNOFF. Definitely a stock to keep an eye on.
Shares of High Plains Gas, Inc. (OTCBB:HPGS) are up 53% at $1.15 with an intraday high of $1.37. HPGS was a promotional pick today and was already up big before the morning bell. It then quickly ran to $1.37 before seeing a big drop and has traded relatively flat the rest of the day. Traders should be wary of these pump and dumps. While you can make money off of them, you have to trade fast and be watching the stock at all times.
Smart-Tek Solutions Inc. (OTC:STTN) is up 53% at $0.1180 with an intraday high of $0.15. STTN is having a huge volume day with over 4.4 million shares, well above its daily average of 121 thousand shares. No recent news on STTN, maybe its being promoted today.
Overall the market has seen a lot of whipsaw action today following the economic and OPEC news. Penny stocks continue to see big gainers on a daily basis.
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.
