SOYL grows, ILNS deals, WWBP sinks

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

American Soil Technologies Inc. (OTCBB: SOYL) rocketed 168.3% to 1.1 cents by noon ET Monday. Volume for the stock was 20,000 shares, or three times its daily volume. SOYL is the leading supplier of super-absorbent polymer soil amendments and other applicable products in the multi-billion-dollar turf, retail horticulture, and agriculture markets.

Intellect Neurosciences Inc. (Pink Sheets: ILNS) dealt in 84.1 million shares by midday Monday, or five times its full-day average. Prices vaulted 38.5% to 18-100ths of a cent, only a week after ILNS received a new patent from the Israeli Patent and Trademark Office related to OX1, the Company’s clinical-stage drug candidate.

Worldwide Biotech & Pharmaceutical Company (Pink Sheets: WWBP) saw its share price halved to three-100ths of a cent Monday, on volumes of 50,000 shares, routing a daily average around 1,780.

no comments


About Penny Stocks

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.