BEYSQ vaults, NUBL pedals wares, TKECF trudges

Posted on: Wednesday, March 23rd, 2011
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Best Energy Services Inc. (Pink Sheets: BEYSQ) climbed 87.5% Wednesday to three-quarters of a cent, on volume of 55,000 shares, compared to an all-day average of 95,649. The company filed last month for Chapter 11 bankruptcy protection.

Numobile Inc. (Pink Sheets: NUBL) traded Wednesday in 180.4 million shares, trumping a daily average of 109.6 million. Share prices for NUBL were cut in half to one-100th of a cent, a day after it announced it was looking into strategic opportunities in China.

Tokyo Electric Power Co. (Pink Sheets: TKECF) U.S.-listed shares fell 12% to $13.20, on volume of 57,280, compared to a daily average of 12,687, after wire service reports that the operator of the damaged Fukushima Daiichi nuclear plant was in talks with a trio of Japanese banks for as much as $25 billion in loans.

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Category: Energy Stocks, Pink Sheets, Technology Stocks
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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.