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Penny Stocks Gained Over One Million Volumes: CERP

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Post# of 27074
Posted On: 02/20/2013 1:22:31 AM
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Posted By: jeffmirkin

Penny Stocks Gained Over One Million Volumes: CERP, MWIP, ILNS


Cereplast Inc (PINKSHEETS:CERP) traded with volume of 15.09 million shares, as compared to average volume of 29.71 million shares and the market capitalization of the company was $1.50 million. The 5-day graph represented the negative percentage of -3.1% and 6-month performance of CERP was also negative -78.1%.  CERP has filed form 8-K with Securities and Exchange Commission meant for the change in Principal Officers or Directors of the company.  The items of the filing included the leaving of Directors or Certain Officers, appointment of Directors and appointment of certain officers and compensatory arrangements of certain officers of the company.


MediSwipe Inc (PINKSHEETS:MWIP) ’s trading volume was very attractive and the number of shares traded in the preceding session were 16.44 million, versus the average volume of 24.41 million shares. The market capitalization of the stock remained $43.48 million and the beta of the stock was 0.25. The stock finished the trade at $0.0979 by scoring +4.26%. The trend of the previous 3 months was in the green as it sky rocketed +2176.74% and the 5-day trend was also positive +69.38%.


Intellect Neurosciences, Inc. (PINK:ILNS) traded with volume of 1.39 million shares in the previous session, as compared to average volume of 452,557 shares. The shares outstanding of the stock were 107.99 million. ILNS sky rocketed 800.00% and finished the trading session Friday at $0.135.  The stock showed upbeat one-month and 3-month performances and its graph showed hot upward movements of +578.39% and +614.29%, respectively.  ILNS has reported regarding the open letter of the company’s Chairman and CEO, Dr. Daniel Chain, for share holders of the Company.  He added that he is delighted by the growth that the company made in 2012, regardless of different challenging setbacks they experienced throughout the year.


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