SCVM strengthens, AGEL sells, DCRD droops

Posted on: Wednesday, March 30th, 2011
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Scivanta Medical Corp (OTCBB: SCVM) chuted 296% in price Wednesday to close at four cents. Volume was a slight 4,000 shares, short of its daily average of 6,957.

Angel Acquisition Corp. (Pink Sheets: AGEL) took in superb volume Wednesday, trading in 67.6 million shares, outdistancing a daily average of 57.7 million, although share prices were halved to one one-hundreth of a cent.

Decor Products International Inc. (OTCBB: DCRD) slumped 55.1% in price Wednesday to close at 20 cents. Only 574 shares changed hands, a fraction of its daily average of 4,139. DCRD is a leading designer and manufacturer of decor paper products headquartered in Dongguan City, China.

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Category: Healthcare, 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.