GHLV floors it, ARSC steady, PNRC less energetic

Posted on: Wednesday, March 23rd, 2011
Written by:
Glenn

Global Health Ventures (OTCBB: GHLV) raced 8.8% higher in early Wednesday trading to 6.3 cents. Volume was 1.1 million shares, making up ground against a daily average of 1.3 million. The Vancouver-based GHLV is a specialty pharmaceutical company focused on sublingual (under the tongue) drug delivery.

American Security Resources (Pink Sheets: ARSC) dealt in 25.2 million shares Wednesday, in contrast with a daily average of 78.3 million. Share prices, however, were cut in half to one-100th of a cent.

Premier Energy Corp. (Pink Sheets: PNRC) tumbled 65% in price to 35-100ths of a cent Wednesday, on volume of 432,235 shares, or better than quadruple its daily average.

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Category: Energy Stocks, Healthcare, 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.