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Penny Stock DD

Posted by Jamie Harris on Wednesday, November 10th, 2010

Global Earth Energy Inc (OTC:GLER) today surged by 66.67% (+$0.0018) and currently trading at $0.0045. Stock price today opened at $0.006 compared to previous day closing price of $0.0027 showing a substantial increase. Today stock price increased amid strong demand and 2.392 million shares traded hands in intraday trading compared to average trading volume of 1.28 million shares. Day high and low prices for the stock are $0.006 and $0.0031 respectively. 52 week range for the stock is $0.199 and $0.002 being high and low respectively. Current surge in price is showing a breakout after consistent oversold conditions. Long is expected to book profit from current breakout.

mPhase Technologies, Inc. (Public, OTC:XDSL) today surged by +$0.0024 (26.37%) backed by heavy trading volume of 8.10 million shares. Stock price leaped substantially from previous day closing price of $0.0091 and currently trading at $0.0117. Heavy buying pressure is shaping a new breakout. XDSL stock price jumped after announcement of new functional multi-cell smart Nano Battery. Investors are taking interest and which is helping stock price to increase substantially. Current upward trend is a clear breakout compared to previous slip and long is expected to book profit looking at current breakout.

Cord Blood America Inc. (OTC:CBAI) today surged to $0.0063 by +$0.0008 (14.81%) with hefty trading volume of 104.01million shares. Such a substantial leap amid heavy buying pressure is shaping a new breakout from previous trend. Average trading volume for the stock is 26.36 millions shares. Stock price was consistently declining earlier and we have observed substantial leap in price yesterday and today. Yesterday stock price rose by 35% while 125 million shares traded hands. CBAI is a hot pick of the day, and looking at the interest of investors, we may see further increase in price in near future.

Regards,

Don

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