KNSC cuts fine figure, AGEL steady, GERS in red

Posted on: Monday, April 4th, 2011
Written by:
Glenn

Kenergy Scientific Inc. (Pink Sheets: KNSC) proved one of the superstars of microcaps Monday, doubling its price to two-100ths of a cent, on 2.22 million shares, though a shadow of its daily average volume of around 23.3 million.

Angel Acquisition Corp. (Pink Sheets: AGEL) kept the tills ringing Monday, dealing in 81 million shares, overtaking its daily average volume of 62.1 million. Share prices were cut in half, however, to one-100th of a cent.

Greenshift Corp. (Pink Sheets: GERS) saw its share prices cut in half to one-100th of a cent. Volume of 3.7 million shares, while high, was still quite a bit below its average of 154.6 million.

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Category: Alternative Energy Stocks, 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.