Trading stocks can be very difficult and frustrating if you don’t have the right tools for the job. These days movies like The Wolf of Wall Street tend to set an impression upon people that they can become rich over night trading in the stock market. What most people tend to avoid noticing is the fact that the characters in such movies are in control of sums of money that go into the millions of dollars in order to make such big profits and the amounts at stake are equally big as the earning. So, what happens to the...
A single press release and a free stock promotion are responsible for the two latest jumps up of Vision Industries Corp. (OTC:VIIC) stock price. On Tuesday afternoon, the company got promoted and it announced a contract with the City of Long Beach, California. The share price more than tripled and the trading volume hit its highest value ever. During yesterday’s trading session VIIC shares also brought a noteworthy profit. The total increase in the closing price was 37.5% and VIIC stock closed the market at $0.22 for a share on the highest trading volume in its history. Nearly 805,000 shares...
Working for mPhase Technologies, Inc. (OTC:XDSL) was probably not that delightful, and even made some of its employees move to another industry, that of the penny stock promoters. Yesterday, the shares of mPhase exploded for a second time this month, again promoted by a former employee of the company who received part of his salary in the form of stocks and now hovers as the “Wall Street Grand” throughout the world of the sub-pennies. XDSL shares have started the month flying high on the opening of a three-month promotional campaign. That campaign promises to be a special one though, as...
Yesterday, the share price of Sunesis Pharmaceuticals, Inc. (NASDAQ:SNSS) formed a gap on its chart after the effect of the announced positive clinical results for the company’s lead drug candidate were enhanced by some promotional newsletters. The shares of SNSS entered the market 3 cents higher than they closed the night before and reached out to touch the 50-day moving average of $0.36. Though, the power accumulated on the trading alerts and on the recent corporate updates of the company was not strong enough and the close was again 3 cents below at $0.33. A trading volume of almost three...
MabCure, Inc. (OTC:MBCI) stock has just recently received its first costly promotions for this year, but today’s trading session starts with a considerable downward correction, suggesting that the price appreciation might be getting over. Today MBCI share price has so far lost 3.70% of its value during the first hour of trading, losing all of the value gained during yesterday’s session. Yesterday, the stock received still above the average interest from traders as over 678,000 shares were traded and closed at $0.81 for a share, a modest increase from the previous close. The latest event around MabCure seems to be...
It looks like since the end of September the management of Golden Phoenix Minerals, Inc. (OTC:GPXM) is devoting actively all its efforts to secure the stable climbing up of the share price. Though, yesterday a correction has been made and the price climbed down from the yearly top. GPXM share price was corrected downwards by 3.73% and closed the market at $0.14, but the considerable volume of 1.62 million shares traded may suggest that will not remain the only correction for the coming days. Since the company announced that it will cut off the supply of its stock through a...
Yesterday, Far East Wind Power Corp. (OTC:FEWP) stock jumped up as if the company has finally started one of its wind farm projects. Though, this is still far away from becoming a fact. FEWP share price and trading volume spikes yesterday looked more than weird. It is true that the company filed its current financial report last Monday, but it is more than a week since then and the market should have had enough of time to consider if Far East can start any kind of a project with their $0 cash position at the end of this June. Without...
OXIS International, Inc. (OTC:OXIS) share price is bouncing up and down within the trading channel and yesterday it got stuck right in the middle of it. As the company keeps printing new shares, but still has no cash to start the realization of its new business model, OXIS stock cannot decide which way to take. The stock price jumped 14.13% up yesterday on a volume of 1.62 million shares traded and the market closed at $0.105, which is exactly the average value of OXIS recent price range. Technically, the share price could bounce up to the upper price band, but...
The next in row press release helped the thinly traded Cannabis Medical Solutions, Inc. (OTC:CMSI) stock keep its trading activity high yesterday, but unlike the previous three trading session the high volume had negative consequences this time. CMSI dropped 8.57% down to $0.028. Having an average dollar volume of around $31,000, CMSI stock recorded the unusual 6.05 million share volume yesterday. The sellers were many and eager to dump their shares in the early trading at prices still above the previous day close. After that, the share price returned back towards the middle of recent trading range. Some buyers maybe...
Liberty Energy Corp. (OTC:LBYE) stock turned into a real volume maker yesterday. The shares reported the highest trading volume in their short nine-month trading history. After a real fortune has been spent in the last two months on the appreciation of the share price, it seems that the next attack of the stock promoters is accumulating demand again. On the volume of 450,000 shares traded, the share price jump was not an impressive one, especially for a speculative penny stock. LBYE added only 12.2% to its value and closed the session at $0.595 for a share. However, on all the...