BMSPF, GARB show their power, MLHC falls below the line

Posted on: Wednesday, April 13th, 2011
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Biomass Secure Power Inc (Pink Sheets: BMSPF) was one of the microcap market’s best performers Wednesday, gaining 208.3% to 1.85 cents, on volume of 171,238 shares, compared to just over 40,000 in which it does business daily.

Garb Oil & Power Corp. (Pink Sheets: GARB) did 51.1 million shares worth of business Wednesday, compared to a daily average around 236,000. Share prices increased 3.3% to 31-100ths of a cent, a day after signing a Letter of Intent to build a tire recycling plant in Pennsylvania.

M Line Holdings Inc. (OTCBB: MLHC) dove 68.8% in price to 1.25 cents Wednesday. Volume of 54,000 shares proved 10 times its normal daily volume.

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Category: Energy Stocks, OTCBB, Penny Stocks, Pink Sheets
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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.