The StockTips claims that their most recent penny stock pick, eCrypt Technologies, Inc. (ECRY), is heading to $1 already made it halfway there on Wednesday after shares of the data security specialists topped out at 0.508 just prior to the close of trading. ECRY stock led all of the OTC tickers in total trades, 2,688, with $4,188,221 of dollar volume, 9,527,890 shares, after everything was settled. Despite the Company making it very clear to the public that it suddenly became the subject of a promotional campaign by at least one newsletter writer making unsupported, highly promotional, statements about their future share price, this is just one of the promoted stocks that’s doing quite well these days.
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ECRY Stock Quote
Besides ECRY, up as much as 209% from their lows to their high set yesterday, entering into its ninth session since the pump started, IFAN Financial, Inc. (IFAN) is also having a better than expected start to the month. With the McShane Letter still in full swing pumping IFAN stock as a possible buyout candidate by one of the tech giants, shares, since Black Friday, have gained roughly 35% after closing at their HOD on volume of 1,573,054.
Another silently promoted penny stock in the marijuana sector, Cannabis Kinetics Corp. (CANK), has gained roughly 48% over the same period, since Black Friday, even though the Company announced on Tuesday that they were planning to change their name to Monarch America Inc. and execute a 3-for-1 forward split. With ties to Brighton Markets, a group that has successfully made investors who timed their picks right significant gains in the past, CANK stock stayed warmer than it should have on volume of 246,156.
Even oil focused penny stocks being promoted like Virtus Oil and Gas Corp. (VOIL) and Falconridge Oil Technologies Corp. (FROT) had big comebacks on Wednesday despite oil prices falling to levels most traders have never seen. Although their comebacks could be short lived ones, the mere fact that VOIL stock and FROT stock can continue to show strength this late in their promotions only proves that you can’t turn your back on the OTC.
With oil related penny stocks showing their ability to withstand the real world, even mining stocks like Glenmark Capital Corp. (GLRKF), pumped by groups linked directly to the old Awesome Penny Stocks, is still showing signs of life. Shares of GLRKF stock have never had the gusto former APS picks did when they ran, the runs on under 1 million shares traded over the past month have been enough to admit that even old dogs can still run.
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About ECRY Stock
eCrypt Technologies, Inc. is a development stage company focused on (some day) marketing and distributing proprietary and allied security, defense and information security software, hardware and services.
Issued and Outstanding: 128,538,890
Last 5 Trading Sessions:
ECRY has had a very successful bounce since the pre-Thanksgiving Dump and should remain one of the top 10 traded penny stocks as the week comes to a close. While it is surely subject to a EOW dump, eyes are still gauging what That Marketing Solution, Inc. (TSTS) and Spriza, Inc. (SPRZ) are up to as both have had mini launches since the start of the month.
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