WSHE rockets higher, ELCR rolls off lot, ECTH points down

Posted on: April 4th, 2011
Written by:

EDebit Global Corp. (Pink Sheets: WSHE) took flight 224.4% to 7.3 cents by noon ET Monday. Volume was 2.58 million shares, triumphing over its full-day average of 52,237, only days after WSHE announced its entry into the prepaid marketplace with the purchase of an equity position within Smart Pay Solutions Inc. with its joint venture partnership with Ebackup Inc., “Capital Six Limited”.

Electric Car Company Inc. (Pink Sheets: ELCR) was a busy stock Monday afternoon, trading in 28.9 million shares, albeit still short of its daily average of around 115.6 million. Prices were flat at one-100th of a cent, after the release on tape of an interview with CEO Gary Spaniak.

ecoTECH Energy Group Inc (OTCBB: ECTH) dipped 63.6% to 20 cents Monday, on volume of 100,000 shares, or nearly eight times its normal volume. Seattle-based ECTH is a development-stage renewable energy company which plans to manufacture biomass-fueled power stations that produce renewable and sustainable “green” energy products

no comments

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.