PGI Energy, Inc. (PGIE.PK) Leads Nightly Small-Cap Business Report
August 12, 2011 West Palm Beach, Fla. – Penny Stocks Closing on Strong Gains PGIE, LBAS, PCFG, TLAG, PUNK as it was the wildest week on Wall Street since the financial crisis in 2008 ended with a second day of gains.
OTCBB Total Volume 415, 341, 761 Million, Advancing Issues 438 Declining Issues 344
Pink Sheets Total volume 3.1 Billion Shares, Advancing issues 1701 Declining issues 1242
The most active bullish penny stocks at the close of trading includes: PGIE, LBAS, PCFG, TLAG, PUNK
1- PGI Energy, Inc. (PGIE.PK) close .0035 advancing 22.58% on overall volume of 53 million shares exchanging hands at the close.
In the company’s latest press release PGIE announced through its joint venture with Home Creek Energy as operator, has acquired a proven producing oil & gas asset. The field is located in Haskell County, Texas, and covers five leases with 11 production wells, 2 injection wells, pumper jacks, tanks, separators, tubing, rods and well equipment.
PGI Energy, Inc., an energy holding company, focuses on acquiring assets in the proven oil and gas, and refinery and pipeline sectors of the energy industry.
2-Location Based Technologies, Inc. (LBAS.OB) last trade .992 advancing 12.18% on increasing volume of 2.2 million shares at the close of trade.
LBAS is up over 100% since Penny Stock Wizards.net started coverage. traders and investors are watching very closely for a weekly close above the psychological 1.00 resistance level in the short-term.
Location Based Technologies, Inc. designs, develops, and sells personal, pet, and vehicle locator devices and services in the United States. The company develops PocketFinder family of products, including PocketFinder People, PocketFinder Vehicle, PocketFinder Pets.
3-Pacific Gold Corp. (PCFG.PK) close .0809 gaining 11.72% on increasing volume of 13.7 million shares exchanging hands on the day.
PCFG is coming out of a beautiful technical consolidation pattern. a weekly close above the psychological .10 level could lead to more gains in the short-term.
Pacific Gold Corp., through its subsidiaries, engages in the identification, acquisition, exploration, and mining of mineral properties, primarily alluvial gold and base metals in western North America.
4-Total Apparel Group, Inc. (TLAG.PK) last tick .0009 exploding 66.67% on surging volume of 67.2 million shares at the close of trade.
TLAG had a technical breakout above its 20 day moving average in today’s trading. Traders and investors will be watching very closely for a breakout above the psychological 50 day moving average in the short-term.
Total Apparel Group, Inc. operates in the branded apparel and footwear sector, focusing on the lifestyle, active-wear, sportswear, and accessories by building a collection of market-leading national and international registered trademarks through joint ventures, master licensing/distribution agreements, and acquisitions.
5-EPUNK, INC. (PUNK.PK) last . 65 soaring 83.82% on overall increasing volume of 1.5 million shares.
The trading community have taken notice of the low outstanding share structure of 25 million as of July14 2011. traders are anticipating a move to the psychological $1.00 resistance level in the short-term based on the low share structure.
ePunk, Inc. is a conglomerate of five businesses: BidPunk.com, Countyimports.com, Countyimportparts.com, Countycruisers.com and Punk Industries/ViperSportUSA.com.
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