Midway through today’s trading session, of the OTC penny stocks that have had 200 trades executed or more, only three have traded over $1 million in volume. Great Wall Builders Ltd. (OTC: GWBU) leads the group of 14 as the days, hours minutes countdown before the inevitable dump. GWBU is currently trading down -4.07% at $1.65 with over $9.66 million in volume on 5.87 million shares traded. Surprisingly in the 2nd position is LiquidMetal Technologies Inc. (OTC: LQMT) as investors still hang on to the possibility the company will be featured as the casing manufacturer for the new Apple Inc. (Nasdaq: AAPL) iPhone 5.
Third is Independence Energy Corp. (OTC: IDNG) which we brought to the attention of readers at $2.09. IDNG struck oil last week and is currently in “Blue Sky” territory together with US Energy Initiatives Corp. (OTC: USEI).
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Most Actively Traded OTC Penny Stocks
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New to the list is Molecular Pharmacology (USA) Ltd. (OTC: MLPH). Molecular Pharmacology is a biotech dedicated to the discovery and development of analgesic and anti-inflammatory products based on the proprietary MPL-TL compound. The Company holds the exclusive global rights to develop new and fast-acting analgesic and anti-inflammatory products based on MPL-TL .
The Company entered into an exclusive U.S. distribution and supply agreement with Molecular Pharmacology Limited (MPL Australia), the developer of MPL-TL. Through this agreement The Company holds exclusive U.S. sales, marketing and distribution rights for MPL-TL, and the mandates of both companies will be pursued under the corporate umbrella of MPL.
Bottom Line: These are the best penny stocks to day trade for the remainder of today if your looking to squeeze out a point or two. IDNG and USEI have been on unstoppable upward climbs while CBIS and LQMT can turn on a dime. GWBU and SEFE aren’t worth touching with your worst enemies money at this point.
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