CWRL leaps, CMGR trades, SVSA sets

Posted on: Wednesday, March 30th, 2011
Written by:
Glenn

CornerWorld Corp. (Pink Sheets: CWRL) shares ballooned 150% in price to 20 cents Wednesday morning. The company bought and sold 57,500 shares, compared with 10,808 on an average day. CWRL is a marketing and technology services company creating opportunities from the increased accessibility of content across mobile, television and internet platforms.

Camelot Entertainment Group Inc. (Pink Sheets: CMGR) dealt in 29.6 million shares Wednesday, catching rapidly up on an average of 115.1 million. Share prices were flat at one-100th of a cent. Yesterday, CMGR announced that DarKnight Pictures’ POOLBOY: DROWNING OUT THE FURY has completed post-production.

SunVesta Inc. (Pink Sheets: SVSA) dove 60% in price to eight cents, on volume of 50,000 shares, or better than double its daily average.

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Category: 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.