Videolocity International, Inc. (PINK:VCTY) Takes a Break Waiting for Some News
After the short walk to the magnificent three-day highs at the end of May, Videolocity International, Inc. (PINK:VCTY) stock went rapidly to sleep again. Yesterday, it seemed that nothing has changed. The direction of move was downwards again, but Videolocity still shows enviable sustainability and manages to stay above yesterday’s $0.0073 close most of the time. The volume jumped by around 50%, but it was not in favor of the stock, whose decline was however a tiny one, especially for a pink sheets traded company. The 50-day moving average far above and the 200-day one far below, the stock price...
Avitar, Inc. (PINK:AVTI) Not More Than a Nice Looking Chart
Yesterday, Avitar, Inc. (PINK:AVTI) according to the situation requirements still-to-be-determined business model must have looked like a highly lucrative investment opportunity to some pink sheets investors. Pennyland’s investor online community got shaken again by AVTI’s next 50% jump. On nearly 108 million shares traded, the stock continues its suspicious climbing up by providing another support level for the newcomers on the market, to get attracted by the promotional efforts of “Wise Alerts” and several other stock promoters. It is almost not worth mentioning that the $0.0021 close from yesterday was not only the previous 52-week’s high, but also the high...
Superior Oil & Gas Co. (OTC:SIOR) Crashes Down On Still Too Optimistic Market
Superior Oil & Gas Co. (OTC:SIOR) stock crashed down to a brand new 52-week low at $0.011 yesterday. The large number of alerts sent out to investors by stock promoting websites last Thursday have not provided the desired results yet and there still seems to be considerable selling pressure. As the shares are not oversold yet, the market is now probably wondering if the price can go even further down. High potential for that comes from the fact that the market price is somewhat too optimistic: the stock trades nearly 60 times higher than the company’s sales and the overvaluation...
US Natural Gas Corp. (OTC:UNGS) Flies Further Up, Speculative Gains Expected
On natural gas price falling down these days, US Natural Gas Corp. (OTC:UNGS) stock price continued its three-day flight yesterday. The market received the official confirmation by the company that their stock will be further broadly and successfully promoted. Yesterday the stock of US Natural Gas surged another 12.07% for the third day in row and the trading volume keeps growing. Nearly 1 million share were traded yesterday and the price closed at $0.065. It seems that an announcement has caused the excitement on the market, since it guaranteed speculative gains and a lot of promotional volumes. The company said...
Applied Energetics, Inc. Hits A Shocking Volume
Applied Energetics, Inc. (NASDAQ:AERG) hit a shocking volume last Friday. Its value exceeded 8 million shares traded, while the previous day it was approximately 470 thousand shares. Though the AERG’s phenomenal volume, its stock price change is currently -0.96%, and the market cap totals 116.34M. What’s going on with Applied Energetics in fact? There is not much news on the company presently, except that it has made a couple of new appointments. AERG appointed new president and a chief financial officer, who started their work immediately. The sudden changes raise questions on the company’s business and no reasonable explanation can...
Points International Ltd. Among The Top Moving Small Cap Stocks
Points International Ltd. (OTC:PTSEF) got among the top moving small cap stocks during the last week. Yesterday the stock closed at $0.61 and its traded volume exceeded 120 shares. However, today the price went down -3.91%, and the volume totaled 43 thousand shares traded. Still we can find no particular reason for the change in the price change. In their 2010 first quarter results, PTSEF reported: - 11% revenue improvement - $460 thousand net income - higher cash and cash equivalents - lower loss The company is absolutely satisfied with its financial results and continues to follow its business plan....
Hovnanian Enterprises Reports New Communities In New Jersey
Hovnanian Enterprises, Inc. (NYSE:HOV) opened three new communities in New Jersey. Meanwhile, the American homebuilder has sold out two other communities and its stock moved up. After a 12% price drop on June 3rd, currently HOV trades at $4.81 per share, which is a +1.48% price change. Market cap reached 368.04M, and traded volume exceeded 4 million shares. Hovnanian Enterprises Inc. is the 7th largest homebuilder in the U.S., which builds in 19 states for the first-time buyer, the move-up buyer and active adults. In 2009 the company delivered over 5 thousand homes with base prices ranging from $36 thousand...
Cell Therapeutics, Inc. Among The Biggest Gainers
Cell Therapeutics, Inc. (NASDAQ:CTIC) got among the biggest market gainers last week. On Friday the stock surged by 24.24% on the unusual volume of over 28 million shares. Currently, CTI trades at $0.50 per share, and the market cap totals 332.74M. If the stock continues to move up, we can consider an uptrend has occurred. Following the records, we can see that a compensation of $1.500 was paid for CTI to be promoted, but the stock was 61% down this year. However, today the company reported that the national authority responsible for drug regulation in Italy (AIFA), has approved a...
SpeechSwitch, Inc. Among The Most Active Market Movers
SpeechSwitch, Inc. (OTC:SSWC) got among the most active market movers these days. The stock surged up by 6.7% and closed at $0.0016 with overall trading volume of 133.76 million shares. Currently, the company sells at +18.75% price change and if it countunues to raise, we can talk about an uptrend. The price jump occurred on 7 June, 2010, when the president of SpeechSwitch announced the reduced company’s debt, by conversion of it to restricted Class A and Class B stock, and the expansion of SSWC with the Kenergy Scientific Group. SpeechSwitch, Inc. is an independent publicly traded company, which is...
Abakan, Inc. With a New Member of Board of Directors
Abakan, Inc. (OTC:ABKI) announced the appointment of Mr. Hermann Buschor to the company’s board of directors. The company believes that Mr. Buschor will manage to increase the ABKI’s investments as well as its clients in the Oil and Gas industry. After a crash in price, Abakan, Inc. was promoted by a third party and ABKI stock moved up. Currently, its price change is +4.76%, and the market cap points 60.35M. During the last days, we can see that the trading volume is higher, compared to the last 6 months. Abakan directors and management team claimed they have raised over $400...
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