ECEC jumps, ARSC flat, ARTS flattened

Posted on: April 11th, 2011
Written by:
Glenn

eCom eCom.com inc. (Pink Sheets: ECEC) got 203.9% worth of lift Monday in price to 79-100ths of a cent, on volumes of 777,900 shares, in stark contrast of an all-day average of just over 63,000.

American Security Resources Corp. (Pink Sheets: ARSC) traded in 68 million shares, or three times its daily average, but not budging prices beyond their perch of one-100th of a cent.

Artfest International Inc. (Pink Sheets: ARTS) was halved in price to one-100th of a cent. Volume was 3.9 million shares, or 50% than its daily average.

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The term "penny stocks," also known as micro-cap equities, micro caps, small caps, pink sheets, refers to shares in a company that trades for less than $5.00. Most penny stocks trade on the OTCBB market and the pink sheet electronic quotation service. Penny Stocks can be very volatile and can see gains as much as 500% in a day. Volatility in penny stocks is also dangerous because penny stocks can come down as quickly as they go up. If you trade penny stocks based on stock picks, make sure to always do your due diligence on the companies you're considering, use stop loss orders, and book your profits when you are in a position to do so.