Dec 2, 2010 Boca Raton, FL–Penny Stocks Closing on Strong Gains SAEI, WAMUQ, ASFX, IMSC, TLAN after the European Central Bank left in place a liquidity safety net for vulnerable banks, and U.S. data gave extra support to equities.
OTC BB Total Volume 1.2 Billion, Advancing Issues 515 Declining Issues 552
Pick Sheet Sheets Total volume 4.9 Billion Shares, Advancing issues 2089 Declining issues 1183
The most active bullish penny stocks at the close of trading includes: OTC SAEI, WAMUQ, ASFX, IMSC, TLAN
1- Supatcha Resources Inc. (SAEI.OB) close .486 up 15% on 7.1 million shares traded.
2-Washington Mutual Inc. (WAMUQ.PK) close .08 up 53% on heavy volume of 30.9 million shares traded on the day.
In a press release that was put out yesterday, WAMUQ squared off in court against hedge funds on Wednesday in a $4 billion dispute that is one of the biggest hurdles to approving the company’s plan to repay creditors.
Washington Mutual, Inc., together with its subsidiaries, operates as a consumer and small business banking company in the United States.
3-American Scientific Resources, Inc. (ASFX.PK) close .0063 up 10% on breakout volume of 6.5 million shares traded at the end of the day.
American Scientific Resources, Inc. engages in the development, manufacture, and distribution of medical devices and products for children and their families in the United States and internationally.
4- Implant Sciences Corp. (IMSC.OB) close .70 up 32% on 1.7 million shares traded. IMSC had a nice technical breakout from a consolidation pattern.
Implant Sciences Corporation engages in the development, manufacture, and sale of sensors and systems for the security, safety, and defense industries in the United States and internationally.
5-Talent Alliance, Inc. (TLAN.PK) close .0035 up 118% on explosive volume of 32.5 million shares traded for the day.
Hire International, Inc., together with its subsidiaries, provides human resource (HR) and talent management solutions in the United States and the Peoples Republic of China.
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