PTS accelerates, GERS shift gears, UEEC not so healthy

Posted on: Monday, March 21st, 2011
Written by:
Glenn

PTS Inc. (OTCBB: PTSH) doubled in price Monday to two-100ths of a cent, on volume of just over a million shares, shy of its all-day average of 15.9 million.

Greenshift Corp. (OTCBB: GERS) dealt in 477.7 million shares Monday, trumping its all-day average of 137.8 million. Share prices were cut in half to one-100th of a cent.

United Health Products Inc. (Pink Sheets: UEEC) skidded 66.7% in price to two cents Monday, on volume of 110,000 shares. Normal all-day average is 31,336. UEEC has the worldwide distribution rights to a line of gauze bandages.

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Category: Healthcare, 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.