Stocks Rise on European Hopes and 3 Active Penny Stocks

by Pennystockclassroom.com on October 12, 2011

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The major indexes are up today as investors continue to hope that Europe will fix their debt crisis. European Commission President Jose-Manuel Barroso presented a plan to help European banks and lower Greece’s debt. This is seen as the strongest effort yet to address the Euro zone debt crisis.

The penny stock market has been on an absolute tear lately with a number of stocks posting some big gains. Let’s take a look at the 3 active penny stocks today.

AER Energy Resources, Inc. (OTC:AERN) is up nearly 30% today at $0.0810 with an intraday high of $0.0820. AERN is bouncing today after dipping about 50% earlier this week. AERN has traded close to 20 million shares so far.

Raystream Inc. (OTCBB:RAYS) is up about 1% today at $1.56 with an intraday high of $1.62. RAYS continues to be heavily promoted by the same people that promoted LEXG. RAYS has traded over 1 million shares so far today.

Shares of El Capitan Precious Metals Inc. (OTCBB:ECPN) is up 8% today at $0.63 with an intraday high of $0.72. ECPN announced the completion of due diligence to market a 250 acre site that is currently being analyzed. ECPN has traded over 880 thousand shares today, about 3 times its average volume.

After you get your fill of penny stocks be sure to check out active-investor.com. Recently launched, Active Investor is the new go to hub for all things big board related. Covering the latest in the stock market today, Active Investor is quickly becoming the premiere destination for coverage of the NYSE, NASDAQ, and related big board exchanges.

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.

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