Monday, July 02, 2007

Low priced stocks trading on unusual volume

Here is a list of low priced stocks trading on above average volume... Trading Up: TGC (+1.5%, 9.8x avg vol for this time of day), TSEM (+3.5%, 21.1x), CYCL (+5.4%, 41.9x -broker upgrade), LGBT (+17.3%, 23.9x -raised $26.2 mln in private placement financing), LOCM (+56.3%, 3253.9x -granted U.S. patent number 7,200,413 for ad-supported 411 local search model), RNIN (+6%, 37.2x -positive broker commentary)... Trading Down: CYTO (-14.8%, 20.4x avg vol for this time of day -to raise $10.1 mln through private placement of common stock and warrants), MRVC (-10.7%, 22.3x -guided Q2), PSDV (-19%, 30826.6x -announced saled of ADSs).

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