4 Penny Stocks To Watch Closely: CBIS, NSRS, LOGL, GDSM

Avoid owning Cannabis Science, Inc. (OTCQB: CBIS) through the weekend.  The hot penny stock had tremendous momentum going into the week in both percentage gains and volume. CBIS had very low volume, considering, going into yesterday afternoon and began to dropping as the closing bell neared.

North Springs Resources Corp. (OTCQB: NSRS) is another once hot penny stock that has flamed out and had spitters of positive momentum for short moments all week. NSRS and CEO, Harry Lappa, have been the topic of OTC investors on chat rooms and message boards accros the globe since its plunge from $1.72 nearly a month ago. Subscribe today to get our next hot penny stock pick FREE

Top 10 Most Active OTC Stocks Yesterday:

Symbol Price % Chg $ Volume Share Vol Trades
CBIS 0.1165 -28.53 10,415,503 74,701,064 5,366
NSRS 0.15 -14.29 4,035,189 25,948,649 2,274
LOGL 1.05 -24.29 3,287,686 2,941,731 1,705
GDSM 0.0076 -48.39 1,753,074 166,702,561 1,508
IMUC 2.58 +8.86 4,099,822 1,622,631 1,094
IRYS 0.80 +8.40 2,406,490 3,046,746 1,010
MJNA 0.0567 -21.25 991,005 16,248,717 874
COHO 0.0022 +10.00 485,840 217,611,501 803
NSRGY 61.40 +0.18 21,713,470 353,518 714
EFIR 0.0025 +257.14 372,927 157,328,635 641

 

Legend Oil and Gas (LOGL.OB) is led by a group of individuals considered by some reports to be corrupt business owners with a lack of interest in enhancing shareholder value. Reports support the rumors with substantial evidence of their previous involvement in 4 separate Pump and Dump schemes. In all 4 schemes, the stock prices of those companies ended up between 87-95% lower than the high price of the stock during the “Pump” portion of the scams.

Gold Coast Mining Corp. (OTC PINK: GDSM) is back to the level it was on 2 weeks ago before the “Pump” began on the stock. Similar to NSRS, GDSM was a perfectly timed “greed” promotion which timed investors view of gold prices and mining stocks hitting it big right after the NSRS crash.

 

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