There’s no sex like ex-sex they say. The same may be said for penny stocks as shares in North Springs Resources (OTCBB: NSRS) are outperforming Sunpeaks Ventures (OTCBB: SNPK) again. At the midway point of today’s trading session, shares in NSRS are up $0.013, 21.67%, to $0.073 on volume of 2,380,231. The once hot penny stock that made CEO Harry Lappa a very famous Google search query has outperformed SNPK now two days in row if it can maintain today’s gains.
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The surge the penny stock is surely from the earnings fye January 31, 2012 reported two weeks ago that showed NSRS had increased their current assets by a whopping 530% to $62,538. Hopefully you understand sarcasm but the rise in NSRS during the long awaited dump of its big brother, SNPK, seems to be ironic.
NSRS Stock Snapshot:
5 Day Percent Change -40.00%
5 Day Moving Average 0.071
5 Day Average Volume 3,607,482
10 Day Percent Change -40.06%
10 Day Moving Average 0.0886
10 Day Average Volume 2,598,518
20 Day Percent Change -48.28%
20 Day Moving Average 0.0993
20 Day Average Volume 2,520,723
30 Day Percent Change -45.45%
30 Day Moving Average 0.113
30 Day Average Volume 5,060,891