CVNS leaps, GERS sells, AQNM sinks

Posted on: Wednesday, April 13th, 2011
Written by:
Glenn

Conversion Services International Inc. (Pink Sheets: CVNS) saw its price jump to a penny by noon ET Wednesday, or 156.4% higher than Tuesday’s close. Volume was 55,870 shares, or twice its normal daily volume.

Greenshift Corp. (Pink Sheets: GERS) flew off the shelves early Wednesday afternoon ET, trading in 298 million shares, outdoing its daily average of 192.7 million. Prices were flat at one-100th of a cent.

Aquentium Inc. (OTCBB: AQNM) dipped 51.5% to 1.6 cents, on volume of 10,000 shares, pulling ahead of its daily average of around 8,700. The Perris, California-based AQNM is a manufacturer of commercial and industrial non-chemical water purification and sanitation equipment announced today that the company is now offering distributorship opportunities in the State of Texas for its complete line of sanitation and water treatment equipment.

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