LXUN spikes, ARTS finds buyers, TYRIA in reverse

Posted on: Wednesday, March 23rd, 2011
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Lexicon United Inc. (OTCBB: LXUN) soared 153.5% in price Wednesday to close at 18 cents, on volume of 12,925, quadruple its daily average.

Artfest International Inc. (Pink Sheets: ARTS) traded in 66.5 million shares Wednesday, compared to its usual volume of 251,286. Share prices for ARTS were off 33.3% to two-100ths of a cent.

Trey Resources Inc. (OTCBB: TYRIA) found its price cut in half to one-100th of a cent Wednesday. Volume for the stock was 10.4 million, compared to a usual volume of 35.5 million. TYRIA is involved in the acquisition and build-out of technology and software companies.

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Category: OTCBB, 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.