Trend Analysis of Positive Movers: USEI, GSPT, VTMB, LVCA
Today’s focus is on penny stocks that grabbed attention by scoring gains in Wednesday’s Session.
US Energy Initiatives Corporation (PINKSHEETS:USEI) trading volume was 191,300 shares and its average volume remained 210,932 shares. The stock moved up +9.09% to close the business day at $0.012. Tracking the one-month performance of USEI, it showed a bullish movement of +100%,. It also advanced +166.67% in its prior 5-day performance. USEI announced that the company has intended to form a J.V. (Joint Venture) to provide the experience, tools and support to manufacture numerous small scale biodiesel plants in California.
On January 9, 2013, GOLDEN SPIRIT ENTERPS LTD (OTC:GSPT) closed the trading day at $0.0012 by scoring +50.00%. GSPT traded with volume of 815,000 shares, which was lower as compared to average trading volume of 987,473 shares. The market capitalization of GSPT was $111,400 on January 9, 2013. A view on previous trends: the one-month graph showed the downbeat performance of -20%.The 5-day and 6-month performances showed it a loser of -14.29% and -7.69%, respectively.
Another bullish runner in yesterday’s session was Vitamin Blue Inc (OTC:VTMB), as it increased +6.25% to close the session at $0.085. An analysis on some previous trend of VTMB: The stock was a percentage loser, when we take a look at its prior one-month performance as it plunged about 88%. Similarly, the stock looks like a loser when we track its previous 5-day performance as it showed bearish movement of -88.49%. VTMB announced that the company has launched a redesign of its website. The new web design offers the ability to search for products, order online, as well as evaluate items in detail with high-class images. VTMB’s President Frank Ornelas commented that, the company has a strategy of increasing their online presence to boost their reach at the same time minimizing the cost of sales and increase sales and profits,.
Another stock in the percentage gainers of the OTC-BB market was Lake Victoria Mining Company, Inc. (OTC:LVCA), which escalated +100.00% in the previous trading session. While analyzing its prior one-month trend, the stock showed a negative move of -11.11%. The previous 5-year performance tracked using its graph showed the stock as a loser as it fell more than 66%.
To receive more good penny stock picks, subscribe to our newsletter at http://www.pennystockwatchman.com.