EXTL excels, CBAI shares flow, RPBC in red

Posted on: Thursday, March 31st, 2011
Written by:
Glenn

ExperTelligence Inc. (OTCBB: EXTL) ballooned in price 1,150% Thursday to close at 25 cents. Volume for the stock was 15,000, short of its average of 25,000.

Cord Blood America Inc. (OTCBB: CBAI) shares flew off the shelves Thursday, at the rate of 53 million, topping its average of 46 million. Share prices ducked back 8.7% to 21-100ths of a cent, only days after joining with BlueCross BlueShield of Tennessee to offer stem cell collection services.

Redpoint Bio Corp. (Pink Sheets: RPBC) lost 46.7% of its price strength Thursday, closing at 3.2 cents, on volumes of 338,130 shares, compared to its usual average of 91,156.

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Category: Healthcare, OTCBB, 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.