KNSC energetic, AGEL agile, ARTS darts lower

Posted on: Wednesday, April 13th, 2011
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Kenergy Scientific Inc. (Pink Sheets: KNSC) doubled in price Wednesday afternoon to two-100ths of a cent, on volume of two million shares, substantially below its daily average of 16.9 million.

Angel Acquisition Corp. (Pink Sheets: AGEL) dealt in 94.1 million shares, or nine times its daily average. Share prices were flat at two-100ths of a cent.

Artfest International Inc. (Pink Sheets: ARTS) prices were cut in half Wednesday to one-100th of a cent, on volume of 60.3 million, overwhelming its daily average of two million. The Dallas-based ARTS brings together artists, investors, decorators, designers, private collectors and art galleries.

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Category: Alternative Energy Stocks, Penny 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.