Active Sub Penny Stocks for August 24: (CNEX, EXTO, UWRL, BEHL, SSWC)
August 24th, 2010 at 3:07 pm Posted by
The Dean wants all of his students to take a look at today’s most active sub penny stocks:
CNEX $0.0013 -27.78%
Cannon Exploration Inc. (PINK: CNEX) engages in the precious mineral exploration business in Canada. On August 11th, in the Company’s latest press release, the Company reported information from a recently completed geological study, assessment and recon mapping of its Queen Alexandra gold mine. Today, CNEX has traded over 123 million shares, or more than four times its 10-day average volume. Although shares gained as much as 44% this morning, CNEX is currently trading down 22.22% at $0.0014.
EXTO $0.0012 +50.00%
Exit Only, Inc. (PINK: EXTO) provides online vehicle advertising by using mobile technology. Although the Company hasn’t issued news in quite some time, EXTO has traded more than 53 million shares, or nearly 6 times its 10-day average volume, and gained as much as 50% today.
UWRL $0.0015 +25.00%
US Wireless Online (PINK: UWRL) provides high-speed, wireless Internet access and related applications and services for businesses in Alabama, Arkansas, Kentucky, Louisiana, Ohio, Pennsylvania, Tennessee, Texas, Indiana, Mississippi, and Georgia. Yesterday, the Company was referenced in “Monday Analysis,” a weekly report from the Company’s investor relations firm, Mina Mar Group. Today, UWRL has traded over 46 million shares, and gained as much as 41.67%. Currently, UWRL is up 25% on the day, at $0.0015.
BEHL $0.0022 -4.35%
BioCentric Energy Holdings, Inc. (PINK: BEHL) manufactures and sells closed loop algae bioreactor systems for commercialization and production of algae. Last week, the Company provided details to a previously announced multi-million dollar contract with Biocen Natural Development Group, a Nevada-based health drink company. Gaining about 17% this morning, BEHL shares have since fallen as low as $0.002 per share. BEHL has traded close to 45 million shares today, which is not too far off from its 10-day average volume.
SSWC $0.0008 -11.11%
Last week, SpeedSwitch, Inc. (PINK: SSWC) announced the filing of a new patent application proprietary purses, satchels and other carrying bags that include built-in combination solar powered cell phone rechargers and keyhole lights. These concepts will reportedly “be presented to various upscale designer brand pocketbook manufacturers, as well as briefcase and carry-on luggage manufacturers for licensing.” Trading over 47 million shares, SSWC has fallen as much as 22% into red territory today.
