INOL Leads Nightly Small-Cap Business Report
May 23, 2010 Boca Raton, FL–Penny Stocks Closing on Strong Gains INOL, STHG, AFPW, WAMUQ, PVSP despite US stocks plunging on European debt worries.
Market Internals
OTC BB Total Volume 688, 732, 004 Million , Advancing Issues 327 Declining Issues 500
Pick Sheets Total volume 5.1 Billion Shares, Advancing issues 749 Declining issues 1795
The most active bullish penny stocks at the close of trading includes: INOL, GLER, OPMG, SINX, ADHC
1- Inolife Technologies, Inc. (INOL.PK) close .0065 up 66% on better-than-average volume of 115.8 million shares traded on the day.
In the company’s latest press release they announced a strategic joint venture with Gulf Coast Pharmaceuticals, Inc. for distribution and sales of its DNA-based products. Gulf Coast is a pharmaceutical supply company specializing in the nationwide distribution of pharmaceuticals and medical supplies to the healthcare industry.
InoLife Technologies, Inc. is a pioneer in the development and marketing of state-of-the-art DNA Testing products within the U.S. The Company’s mission is to aggressively identify, develop and deliver innovative and affordable healthcare products and services directly to the marketplace. By targeting cutting-edge DNA-based testing and reporting methodologies, the Company is able to significantly benefit the health and wellness needs of both individuals and their healthcare providers.
Stratton Holdings Inc. operates as a holding company in the United States. It offers LymeCLR, a liquid antibiotic advanced immune system supplement for increasing and promoting a healthy immune system in turn combating lyme disease in a natural way. The company also engages in the development and sale of mobile applications for smart phones. Its applications include portfolio feed, my slide, and math flash for Android, iPhone, and BlackBerry devices.
3-AlumiFuel Power Corp. (AFPW.OB) last .01 up 25% on exploding volume of 111.8 million shares exchanging hands on the day.
In AFPW’s latest press release the company announced that it has developed a portable power system for military and commercial applications worldwide based on its proprietary aluminum/water reaction.
AlumiFuel Power Corporation, an early production stage alternative energy company, engages in the generation of hydrogen gas and superheated steam through the chemical reaction of aluminum, water, and proprietary additives. The companys generated hydrogen feeds fuel cells for portable and back-up power; fills inflatable devices, such as weather balloons; and replaces hard-to-handle and high pressure K-Cylinders.
4- Washington Mutual Inc. (WAMUQ.PK) last trade .109 up 37% on enormous volume of 98.8 million shares exchanging hands between shareholders.
WAMUQ had a technical breakout above its 200 day moving average.
Washington Mutual, Inc., together with its subsidiaries, operates as a consumer and small business banking company in the United States. It operates in four segments: Retail Banking Group, Card Services Group, Commercial Group, and Home Loans Group.
5-Pervasip Corp. (PVSP.PK) last trade .095 up 51% on high volatility trading 1.4 million shares on the day.
PVSP broke out out of a nice consolidation pattern.
Pervasip Corp. provides digital telephony services, products, and hosted solutions primarily in the United States. The company offers local, long distance, and international voice telephone services.