On Friday CAVU Resources Inc. (PINK:CAVR) announced an initial flow rate of 24 barrels of oil per day and an estimated 300 MCF of natural gas for its CAVU 1 well.The market reacted with a 8.33% drop in price and a relatively low volume of approximately 289 thousand shares. According to some iHub users the closing price of $0.055 should be viewed as a rise because the “real close” on Thursday was at $0.054.Either way, Friday's session seemed an apathetic response to the press release.... more
By the time yesterday's session came to an end, the stock of Sunergy Inc (PINK:SNEY) had gained 17% on a volume of 15 million. The surge, which was the fifth one in a row and the ninth for the last ten sessions, sent SNEY stock price to a level of $0.0182 per share, the highest figure since late-August. The turnover, on the other hand, marked a 4-fold increase over the daily average trading volume.
There seems to be no apparent explanation to the recently formed upward trend. SNEY has been designated... more
The last trading session of Pervasip Corp. (PINK:PVSP) went under the mark of paid promotion, which was visible by both the sharply inflated volume and the price gap at the opening bell. The number of traded shares was three times higher than the 90-day average while the stock value rose by 8%.
The exceedingly active session was achieved by the promo letters of Moving Pennies and 007 Stock Chat. They arrived right before the start of the trading action and sparked up the lackluster stock of PVSP.... more
Despite the recent relaunch of an aggregate financial news website, the stock of Clicker Inc. (PINK:CLKZ) lost another 33% in value last Friday, closing at a fairly unsatisfactory level of $0.013 per share. At least, it registered a 52-week high in terms of volume as more than 24.7 million shares of CLKZ stock changed hands by the time the session closed, which is way over the daily average trading volume of 1.3 million.
Exactly a week ago, a third party lay $60K on the table for a new wave of advertising... more