STDR a star, ARTS busy, NUBL retreats

Posted on: Monday, April 4th, 2011
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Standard Drilling Inc. (Pink Sheets: STDR) was among those ruling the microcap leaderboard Monday morning, moving north 400% in price to five cents. Volume for the stock was just over 302,000 shares, towering over a full-day average of 78,000.

Artfest International Inc. (OTCBB: ARTS) did 67.9 million shares worth of business in the first moments of trading Monday, compared to a full-day average of 251,286. Prices for those shares did not change, though, remaining at two-100th of a cent.

Numobile Inc. (Pink Sheets: NUBL) sank 50% Monday morning to one-100th of a cent. Volume was 4.95 million shares, pursuing a daily average of 126.6 million. Last week, the Fort Worth-based NUBL announced it has entered into discussions with the Company’s Germany-based partner to explore local market opportunities for its subsidiary Stonewall Network’s network security policy management product, Cornerstone.

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Category: Energy Stocks, OTCBB, 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.