The 2013 trading session kicked off with some optimism with 42 of the top 50 traded penny stocks in the green to start the new year. One particular play with some inflated activity is Chancery Resources, Inc. (OTC: CCRY), dba Airtrona, which just began trading in December, 2012. Since no other active players were sending penny stock alerts to start the new year, the only other active plays out there are World Moto Inc. (OTC: FARE) and Amarantus BioScience, Inc. (OTC: AMBS), each of which are nearing new 52 week highs. While the green appears to be flowing to start the new year, re-trades to replace tax losses taken prior to December 31 are still taking place thus disrupting any true indicators of potential breakout stocks.
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About CCRY Stock
Chauncery Resources effected a reverse merger back in November by acquiring Airtrona, a provider of top-quality commercial and industrial high-grade Ozone Generators including ozone sanitization and ozone laundry systems. While there are some 352 million plus shares of CCRY outstanding, the new entity does at least generate some revenues: $181K for the 11 months ended November 30, 2012 and $148.8K for the year ended December 31, 2011.
Since the “rinse and repeat” cycle doesn’t always work when you’re trying to get all the grime out of some dirty laundry, CCRY stock is having its shining moment to begin the year before returning to the sub penny basement.
CCRY Last 5 Trading Sessions:
Bottom Line: Trading is going to take a day or two before the best penny stocks for 2013 can be properly identified. One thing for sure, Green Energy Renewable Solutions, Inc. (OTC: EWRL), is a clear indication that BDPS is getting ready to unleash their first Kraken of 2013. After the remnants of their last promo are gone, expect to see a short term play from them that pops an easy triple digit winner.
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