FULO firing, ARTS trading, SRRL less than stellar

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

Fullnet Communications Inc. (OTCBB: FULO) surged 200% in price to three cents Thursday. Volume was 54,480 shares, compared to an all-day average of 4,732.

Artfest International Inc. (Pink Sheets: ARTS) saw traffic in 64 million shares Thursday, overpowering an all-day average of 251,286. Prices for the stock were flat at two-100ths of a cent. ARTS brings together artists, investors, decorators, designers, private collectors and art galleries.

Stellar Resources Ltd. (OTCBB: SRRL) took a tumble of 57% to three cents Thursday, on volume of 45,400 shares, or six times its daily volume.

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Category: Energy Stocks, OTCBB, Pink Sheets
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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.