MBHSE soars, JUNP jumps, MMBF stumbles

Posted on: April 11th, 2011
Written by:

mBeach Software Inc. (OTCBB: MBHSE) climbed an astronomical 2,900% in price late Monday afternoon to 15 cents. Volume topped 63,000 shares, or more than 12 times its daily average.

Juniper Group Inc. (Pink Sheets: JUNP) dealt in 67.2 million shares Monday, in contrast to a daily average of 52.4 million. Prices were flat at two-100ths of a cent.

Momentum Biofuels Inc. (Pink Sheets: MMBF) took a downturn Monday, declining 71.4% in price to a penny. Volume was 31,750 shares, far better than an average of 1,700.

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.