VIGS in the bigs, NUBL popular, AVIT takes hit

Posted on: Thursday, March 31st, 2011
Written by:

Vision Global Solutions Inc. (Pink Sheets: VIGS) galloped ahead 400% in price early Thursday to 2.5 cents, on volume of 642,355 shares or five times its normal daily average.

Numobile Inc. (Pink Sheets: NUBL) dealt in 115.5 million shares, just shy of its daily average around 119 million. Prices for the stock were cut in half to one-100th of a cent, after announcing NUBL was targeting the German market for a network security policy management solution offering.

Avani International Group Inc (Pink Sheets: AVIT) took a thumping in Thursday trading, falling 98.2% in price to one-100th of a cent. Volume for the stock was 999,110 shares, trumping its daily average of 12,500.

Tags: , , , , , ,
Category: Pink Sheets, Technology Stocks
no comments
You can leave a response, or trackback from your own site.

Leave a Reply

Your email address will not be published. Required fields are marked *

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.