Penny Stocks In The News: SRBL, NGHT, SNPD
Great American Energy Inc (OTC:SRBL) opened the session at $1.09, remained in the day range of $1.06 – $1.13 and finished the session at $1.13. The stock was a positive mover of +7.62%. The market capitalization of the stock remained 100.38 million. The 52-week price range remained $0.81 – $1.34. SRBL has updated regarding the details of its 2013 exploration plan intended for Great American Energy’s Phase one of the Bear Creek Rare Earth Project in Canada, which warrants an additional work plan rooted in the potential mineralization of the property.
NightCulture Inc (OTC:NGHT) was a negative mover in its prior session and decreased -22.22%. The day range of the stock was $0.10 – $0.13. The 52-week range remained amid $0.08 – $0.62. The shares outstanding of the stock remained 50.33 million. The year-to-date trend of the stock was positive +5%, while the 5-day trend was in the red as it plummeted -38.24%. NGHT has reported that the company has made a partnership deal with SXSW and Disco Donnie Presents on five (5) showcase Electronic Music events. The events will take place March 13th — 16th at Republic Live in Austin, TX and feature over 30+ artists including Benny Benassi, Flosstradamus, and Zomboy.
Southern Products Inc (OTC:SNPD) started the trading activity at $0.25 and finished the session at $0.215. The 52-week range of the stock remained $0.18 – $1.00. The day range of the stock was $0.21 – $0.25. EPS of the stock stayed at -0.10. The 3-month performance was negative -56.12% and the 6-month trend was -57%. SNPD has made an announcement that the company has entered into a deal with Meidi Electronics for the motive to distribute its Westinghouse Digital Electronics factory refurbished televisions. The contract calls for sales to numerous nationwide and worldwide online resellers and effectively expands the Southern Products product line into a new higher margin product category.
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