EMOE excels, LFGB not left behind, SKYI grounded

Posted on: April 11th, 2011
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Emo Capital Corp. (OTCBB: EMOE) took to the skies Monday, gaining 300% in price to 20 cents. Volume was 41,000 shares, flying high over an average of 3,333.

Left Behind Games Inc. (Pink Sheets: LFBG) was one of more active among microcaps Monday, trading in 45.3 million shares, compared to 37.5 million on a daily basis.

Skye International Inc. (OTCBB: SKYI) faded 62.5% to three cents. Volume for SKYI was 30,250 shares, or about five times its average.

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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.