PTSHD climbs, INBG solid, CBTEQ drops

Posted on: March 30th, 2011
Written by:
admin

PTS Inc. (Pink Sheets: PTSHD) screamed higher by 500% to 4.5 cents Wednesday, on volume of nearly 190,000 shares, surpassing its daily average around 114,000.

International Building Technologies Group Inc. (Pink Sheets: INBG) traded in 43.3 million shares, more than four times its average. Share prices were flat at one-100th of a cent.

Commonwealth Biotechnologies Inc. (Pink Sheets: CBTEQ) sank 51.5% in price Wednesday to 3.63 cents. Volume was 44,150 shares, just nosing out its all-day average around 42,000.

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INBG makes inroads, AGEL trades, QING stumbles

Posted on: March 24th, 2011
Written by:
Glenn

International Building Technologies Group Inc. (Pink Sheets: INBG) doubled in price early Thursday to two-100ths of a cent, on volume of 2.4 million, compared to daily average of 10.1 million. INBG is in the business of manufacturing, marketing and providing equipment and materials to the building and construction industries.

Angel Acquisition Corp. (OTCBB: AGEL) saw its shares fly off the shelves, 754.6 million in all in early Thursday trading. Normally, AGEL deals in 6.1 million in a full day! Share prices were flat at one-100th of a cent, a day after GATE Technologies announced today that it has acquired controlling interest in Angels in Action, an AGEL operating company.

Qingdao Footwear Inc. (OTCBB: QING) collapsed 75.9% in price Thursday to 32 cents. Volume for the stock was 17,581 shares, compared to a daily average of 2,662.

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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.