The markets are all in the green today with all the major indecies up about a third of a percent. Let’s take a look at what penny stocks are gaining ground today.
Liberty Star Uranium & Metal Corp. (OTCBB: LBSR) is trading up 30% today in midday trading. It seems like everyday we are talking about this stock. Over the past 3 or 4 trading days LBSR is up nearly 80%. Still no recent news, but there is tons of volume on this stock.
Imaging3 Inc. (OTCBB: IMGG) is trading up 28% with over 4 million shares traded so far, nearly 4 times its daily average volume. Rumors of FDA approval are popping up over at Investorshub so that’s probably the reason for the gains today.
Revolutions Medical Corporation (OTCBB: RMCP) is up 32% with over 530 thousand shares traded so far today. On Monday, the company announced that they were seeking recognition for the RevVac Auto Retractable Safety Syringe winning the 2010 Medical Design Excellence Award. We reported on this stock yesterday and it looks like investors are taking advantage of any good news on this stock.
Hall of Fame Beverages, Inc. (OTC: HFBG) is trading up nearly 17% today after HFBG announced that they were expanding distribution in the northeast.
mPhase Technologies, Inc. (OTCBB: XDSL) is up around 11% with over 8 million shares traded so far today. The company announced today that scalable smart reserve cell technology is one of the items included in the Fiscal Year 2011 Defense Appropriations Bill which recently passed out of subcommittee in the House of Represenatives. This technology is listed to receive $2.5 million in funding.
Disclaimer: This corporate profile is provided for information purposes only and should not be used as the basis for any investment decision. We are neither licensed nor qualified to provide investment advice. We were not paid, nor do we hold a position in this stock at the time of this posting. Do not use the above information as investment advice. It is for entertainment purposes only. Penny Stock Classroom is not liable for any losses you may incur.
