MBHSE mighty, JUNP busy, RYQG royally pasted

Posted on: April 13th, 2011
Written by:
Glenn

mBeach Software Inc. (OTCBB: MBHSE) shares travelled higher in price by 100% to four cents, on volume of 11,598 shares, or twice its daily average.

Juniper Group Inc. (OTCBB: JUNP) doubled its daily average in volume with 112.4 million trading Wednesday. Shares were flat, however, at two-100ths of a cent.

Royal Quantum Group Inc. (Pink Sheets: RYQG) took a fall Wednesday, by 53.5% to two cents, on volume of 10,000 shares, quite a bit below its average of 81,000.

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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.