ITCC in the groove, CBAI busy, LRDC goes south

Posted on: Monday, April 4th, 2011
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InsPro Technologies Corp. (OTCBB: ITCC) doubled in price to six cents Monday. Volume for the stock was a light 28,000 shares, compared to a daily average of 35,000. On Friday, the company released financial information for 2010, which included a net loss of $2.5 million or ($0.06) per share in 2010, compared with net loss of $6.3 million, or ($0.14) per share in 2009.

Cord Blood America Inc. (OTCBB: CBAI) shares were flat at 22-100ths of a cent Monday, but those shares were widely traded; 45.2 million in all Monday, compared to a daily average of 48.3 million.

Laredo Oil Inc. (OTCBB: LRDC) took a pasting Monday, losing 54.9% of its muscle to 73 cents. Volume for LRDC was 54,650 shares, nosing out a daily average of 48,502. Austin-based LRDC is an exploration and production company specializing in Enhanced Oil Recovery techniques targeting mature and declining oil fields.

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Category: Energy Stocks, Healthcare, OTCBB, Penny Stocks, Technology Stocks
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