UOLI spikes, GERS steady, BMOD skids

Posted on: March 30th, 2011
Written by:

Uonlive Corp. New (Pink Sheets: UOLI) shares rallied 243.8% Wednesday to 55 cents, in volatile trading of only 14,191 shares – still better than its daily average of around 500. Uonlive is a private online multimedia company that mainly targets the younger listening audience.

Greenshift Corp. (Pink Sheets: GERS) dealt in 200.8 million shares by early afternoon Wednesday, compared to an all-day average of 152 million. Prices were 50% lower, though, to one-100th of a cent.

Biomoda Inc. (OTCBB: BMOD) saw its shares drop in strength by 47.4% to 12.5 cents, on volume of 6.5 million, trampling a daily average of 238,813. BMOD announced top-line results of its pilot study for lung cancer which shows highly significant evidence of CyPath(R)’s ability to discriminate between cancer and non-cancer groups based on sputum samples collected in a non-invasive manner.

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.