FSWA jumps, ATPT involved, FNSE flounders

Posted on: March 21st, 2011
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First Sound Bank (OTCBB: FSWA) went skyward 285.7% in price Monday to 27 cents. Volume was 10,600 shares, just short of its normal daily volume of 10,823. Seattle-based FSWA caters to small- to medium-sized businesses, organizations, not-for-profits and professionals in the Puget Sound region.

All State Properties Holdings Inc (Pink Sheets: ATPT) was a volume leader among micro-caps Monday, trading in 32.6 million shares, still shy of its average of 50.2 million. Share prices were halved to one-100th of a cent.

First Natl Bank of Shelby, North Carolina (Pink Sheets: FNSE) fell 10% Monday to $89.00. Volume was 1,040 shares, five times its normal average.

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TVER a terror, CBIS deals, FSWA drops

Posted on: February 23rd, 2011
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Terrace Ventures Inc. (OTCBB: TVER) saw its share prices zoom 809.1% to 13 cents. Share volume was 36,440, compared with a typical daily average of 7,277.

Cannabis Science Inc. (OTCBB: CBIS) traded in 57.9 million shares Wednesday, compared to its normal share average of less than one million. Prices for CBIS climbed 76.5% to 12 cents, after announcing encouraging tests on cancer patients being treated by one of its distributors.

First Sound Bank (OTCBB: FSWA) saw its shares drop in price 70.4% to eight cents, on share volume of 45,510, compared to a daily average of just over 10,000. The Seattle-based FSWA is a locally-owned commercial bank offering a full range of financial services.

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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.