OGNG forges ahead, NUBL active, SCGC swoons

Posted on: Thursday, March 24th, 2011
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Organa Gardens International Inc. (OTCBB: OGNG) was among the champions of microcaps Thursday, gaining 66.7% in price two cents. Volume was 1.5 million shares, or 10 times its normal daily average. OGNG is a development stage company seeking interest in growing fruits and vegetables using a rotary hydroponics vertical farming system designed with serviceability, ease-of-use and maximum harvest in mind.

Numobile Inc. (Pink Sheets: NUBL) did respectable volume Thursday, trading in 41.2 million shares, still well shy of its daily volume of 112.9 million. Share prices for NUBL were halved to one-100th of a cent. NUBL today highlighted a recent outlook from Gartner focused on worldwide IT spending in 2011, which it forecasts to grow 5.1% over the previous year.

Sara Creek Gold Corp. (Pink Sheets: SCGC) dipped 63.6% in price to 20 cents. Volume for the stock was 20, 750 shares, surpassing its normal volume of 594 shares.

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Category: 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.