Archive for March, 2011
Yesterday Willow Creek Enterprises Inc. (OTC:WLOC) announced the reception of the technical report for its Hercules Property in Nevada. The share price responded with a respectable jump up, but the general attitude towards WLOC does not seem favorable at all. WLOC closed the last trading session at $0.08 for a share and with a total trading volume of 1.5 million shares for the day. The share price increase from the previous night close was 35.80% and it seems that it happened as soon as the news about the geological results for WLOC Hercules property finally reached the market. The Technical...
As the management of Neuro-Biotech Corp. (PINK:MRES) is changing its mind every now and then whether to accept or not to accept the announced buyout offer, the company’s stock is getting more and more volatile over the past week. In the meantime, the members of that management changed as well. After a number of controversial updates were issued to keep investors up-to-date, MRES announced in its latest press release yesterday that it has now decided to cancel the announced last Wednesday decision not to proceed with the negations about the buyout offer from AURIC Pharma Service and to resume the...
The tragic decline of Sauer Energy, Inc. (OTC:SENY) continued yesterday as well. The stock tanked further down by 4.60% and closed the session at $0.83 for a share. That looks dramatic on the chart, yet it is actually not that bad as the company still gets an overoptimistic valuation from investors. There is no news from SENY recently, but the news that managed to push the share price back up above $1 was released on March 9. It said that Sauer Energy has scheduled its wind turbine for formal wind tunnel testing later this month. The company also claims to...
Strange at first sight, the explosive number of shares that Irvine Sensors Corp. (OTC:IRSN) stock trades these days were unable to raise its share price up. That has its reasons, though. On Monday the company announced the issuance of new shares of common stock and indicated even more possible dilution through a change in the articles of incorporation. IRSN closed the last trading session again at $0.15 for a share and with no change in the closing price from the previous close. On the intraday chart it looks like the 1.4 million share turnover was realized mostly in one transaction....
Yesterday’s session was an ordinary one for the stock of EnergyConnect Group, Inc. (OTC:ECNG) in its new trading range. The share price had made a huge gap up last week to reach the announced cash acquisition offer and remains that high despite the questionable for many investors terms of the transaction and the numerous law firms that declared to have launched investigations against the company’s Broad of Directors. ECNG closed with a minor percentage increase from the previous close at $0.213 yesterday. Trading volume was 1.48 million shares, much larger than the average, but not as high as the volumes...
Yesterday CardioVascular BioTherapeutics, Inc. (PINK:CVBT) aimed the 45 cents resistance again. The stock got extra high activity and gapped up early in the morning. Unlike in the previous comparable surge in early January, the problem this time is that there is no news to cause such action. As it seems on a pure anticipation of possible news, CVBT stock jumped 13.16% for yesterday’s trading session and closed at $0.43 for a share. Trading volume exceeded the average more than five times and reached nearly 800,000 shares. The stock is aiming the overbought area and can from a technical point of...