Trend Analysis Report on Hot Penny Stocks: WGAS, CERP, ERBB, ONVO
Worthington Energy Inc (PINKSHEETS: WGAS) was a hot penny stock as it gained awesome volume in yesterday’s trade. The total number of shares traded in the prior session was 37.14 million, as compared to its average volume of 3.63 million shares. WGAS decreased -4.82% and closed the trade at $0.0296. The stock was a loser in its 6-month as well as 3-month performances dropping -69.64% and 65.18%. WGAS has updated regarding the VM179 funding. WGAS’s Chairman of the Board and Chief Executive Officer and President, Mr. Charles F. Volk, shared that he is pleased to inform that they have received a commitment letter from Ventana Group LLC, for an $8.5 million term loan.
Cereplast Inc (PINKSHEETS: CERP) has updated that the company has generated about $300,000 in new revenue in the last 2 weeks of January 2013. These orders received are in addition to the $500,000 of new revenue that was reported by the company on January 23, 2013. CERP traded with volume of 37.83 million shares and average volume remained 26.20 million shares. CERP showed a bearish movement of -9.29% and remained in the day range of $0.03 – $0.04. The stock dropped -68.22% in its 3-mont performance and showed an escalation of +188.73% in its one-month performance.
Another stock which attracted traders by showing a surge of +34.62% was TRANZBYTE CORPORATIO (PINKSHEETS: ERBB). The stock gained the hot volume of 189 million shares and its average volume remained 48.43 million shares. The stock surged +150% in the prior 3-month trading period and increased +162.5% in its previous one-month performance. The YTD trend of the stock remained in the green as it moved ahead +320%.
Organovo Holdings Inc (PINKSHEETS: ONVO) trading volume was 1.73 million shares and its average volume remained 1.62 million shares. The stock advanced +14.04%, to close the session at $5.36. Tracking the one-month performance of ONVO, it showed a bullish movement of +64.22%. The 3-month and 6-month trends were also optimistic as it scored a percentage change of +123.33% and +155.24%, respectively.
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Cereplast Inc (PINKSHEETS: CERP) has updated that the company has generated about $300,000 in new revenue in the last 2 weeks of January 2013. These orders received are in addition to the $500,000 of new revenue that was reported by the company on January 23, 2013. CERP traded with volume of 37.83 million shares and average volume remained 26.20 million shares. CERP showed a bearish movement of -9.29% and remained in the day range of $0.03 – $0.04. The stock dropped -68.22% in its 3-mont performance and showed an escalation of +188.73% in its one-month performance.
Another stock which attracted traders by showing a surge of +34.62% was TRANZBYTE CORPORATIO (PINKSHEETS: ERBB). The stock gained the hot volume of 189 million shares and its average volume remained 48.43 million shares. The stock surged +150% in the prior 3-month trading period and increased +162.5% in its previous one-month performance. The YTD trend of the stock remained in the green as it moved ahead +320%.
Organovo Holdings Inc (PINKSHEETS: ONVO) trading volume was 1.73 million shares and its average volume remained 1.62 million shares. The stock advanced +14.04%, to close the session at $5.36. Tracking the one-month performance of ONVO, it showed a bullish movement of +64.22%. The 3-month and 6-month trends were also optimistic as it scored a percentage change of +123.33% and +155.24%, respectively.
Looking for more penny stock newsletter and Trend Analysis on Hot Penny Stocks? Get them delivered straight to your inbox subscribing to our newsletter at http://www.pennystockwatchman.com
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