Archive for January, 2011
Since the beginning of the year, Dune Energy, Inc. (OTC:DUNR) has been twice upgraded into a higher trading range, the culmination of which being the crossing of the $1 level in the middle of the month. Lastly, the company promised the spudding of another well these days, which probably makes investors more and more anxious as the news has not been released yet. Over the past several days, it looked like DUNR stock could impossibly hold the $1 share price for more than a few days, but yesterday’s session shimmered some hope. DUNR was on the rise again, closing the...
A stock promotion from Monday this week made the stock of Gulf United Energy, Inc. (OTC:GLFE) gain its highest trading volumes ever in the past two trading sessions. The promotion came together with the filing of an amended quarter report, revealing that GLFE has even more debts than initially reported. GLFE closed the market yesterday at $0.42 with yet another 5% increase in its share price. Trading volume kept growing and topped the record from Tuesday, the day on which the free trading alerts were sent to investors by a stock promoter. The number of shares traded exceeded 6 million...
After H & H Imports Inc. (OTC:HNHI) stock price got lifted up by a star promotion last week, yesterday it looked even more like the higher price channel cannot hold. HNHI kept falling down and even opened the market with gap down. The stock then closed at $0.231 for a share, losing another 17.50% of the gained value. At the beginning of last week, rapper 50 Cent recommended strongly HNHI shares on Twitter and the illiquid stock got suddenly loved by traders. Then it turned out that 50 Cent, born Curtis James Jackson III, has a significant shareholder stake in...
Crosswind Renewable Energy Corp. (PINK:CWNR) brilliant performance in the past two weeks has been powered by a $300,000 stock promotion. The stock is being marketed as a strong short squeeze gainer, while the company itself does not give up in trying to convince the market of its numerous distribution agreements and strategic partnerships. Nothing unusual for stocks being in such a promotional campaign happened in the last trading session. CWNR closed the market with a 9.02% jump up at $0.29. Trading volume exceeded 10 million shares, although the volume record is yet to be topped. It looks like the improved...
Regularly promoted over the past year, Green Oasis Environmental, Inc. (PINK:GRNO) shares cannot stop losing progressively large portions of their value. Though, yesterday promised some action as the company issued a new press release and as a new promo campaign got started. GRNO closed the last trading session without a change in the price at $0.08 for a share and with the usual meager trading activity. Still, it looks like the stock could confidently expect to see a new run-up today. A new trading alert on GRNO has been sent yesterday evening, from a promoter that has already proven pretty...
It looks like last week an investor online message board attempted to praise Deltron, Inc. (OTC:DTRO) stock to the skies, reminding about the “successful” new subsidiary of the company. Although no real news came out, the share price surged up, before starting to fall back down yesterday. After being quickly upgraded to a higher trading range last week, yesterday DTRO shares closed the market with a 19.35% decline at $0.0025. The trading volume of 48.45 million shares was times the average and this time the sellers prevailed in taking their profits. Although the company has not issued any official news...
Ariel Way Inc. (PINK:AWYI) , a technology and services company, experiences another sharp drop in stock price, after the continuous positive increase from the last week of December. For the three trading sessions this year, the price has dropped from opening at $0.0018 this Monday to closing at $0.00081 on Wednesday. This freefall was accompanied by an increased trading activity, especially during the yesterday`s session, when the volume of traded shares topped 244 million (several times more than its usual range in 2010). What has started the fluctuation this year is not clear, but it is fair to assume that...
After experiencing an all-year low on its share prices, now diaDexus, Inc. (OTC:DDXS) is on the rise again. As a company, focused on producing diagnostics products, addressing the cardiovascular disease, it is common to have an increase or decrease in stock prices upon the completion of testing new products. Not the case here, though, and what is more there were no stock promotions, company announcements or other type of catalysts that could have sparkled the interest of traders since end-December. In fact, diaDexus is no stranger to rapid changes in share prices and traded volumes. A perfect example of this...
The shares of Novelos Therapeutics, Inc. (OTC:NVLT),a biopharmaceutical company developing oxidized compounds for treating patients with cancer, has enjoyed a good deal of interest over the past week. Since Dec. 30th, the price has been going steadily up from $0.022 per share to $0.05 at the yesterday`s session. Interestingly enough, there is no immediate reason for this sudden interest. Novelos shares are actually no stranger to sudden price shifts in short periods of time. More often, though, interest from investors was a result of some sort of announcement, stock promotions, etc. Another fact worth mentioning is that during 2010 there...
Since the beginning of December, lots of positive news came out, related to Emerging Healthcare Solutions, Inc. (EHSI.PK). On Dec. 1st, after annoucing that EHS has acquired Celulas Genetica, a Central American leader in stem-cell technology acquisition and development, traders went berserk as over the next two days traded volume of EHS reached an all year high of over 4 million. In the course of the next 30 days, the stock prices increased in a steady manner, even though the volume of daily traded shares returned to its normal state. After reaching the bottom of $0.15 per share last November,...