Streaming media, cannabis and a gold explorer in China are the subjects of three penny stocks we’re gonna have a close eye on today: NanoTech Entertainment, Inc. (NTEK), Legends Business Group Inc. (LGBS) and China ShouGuan Mining Corporation (CHSO). NTEK stock was so explosive on Friday after the news that their award-winning Nuvola NP-1™ 4K Ultra HD streaming media player for consumers passed the Google CTS (Compatibility Test Suite) that it ended Friday as the 10th most actively traded ticker on the OTC, the top traded penny stock under 0.10. LGBS stock saw slightly less activity, but showed superb momentum to close out the week after claiming to move into the cannabis industry. CHSO stock is fairly fresh, being pumped today, and coming off a heavy volume trading session from Friday which could be tripled today if the awareness campaign really works.
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NTEK Stock Quote
Market Cap: 41.68M
Last: 0.077 ▲ +0.0225 (+41.28%)
Dollar Volume: $1,103,456
14-Day RSI: 65.63%
1st Resistance Point: 0.0911
1st Support Level: 0.0567
52Wk High: 0.1782
52Wk Low: 0.0271
NanoTech Entertainment has found it’s NTEK ticker hit the top 10 traded OTC stock on a number of occasions over the past couple of years. In January, 2013 when the now American Airlines Group Inc. (AAL) was trading at $1.29 (as AAMRQ) and Federal National Mortgage Association (FNMA), aka Fannie Mae, was trading at 0.283 (yep, we told you to bet the farm on these two back then), NTEK stock was hot after 2 days of positive news from CES in Las Vegas about their development contract with 3D Crave to provide its proprietary Side By Side user interface technology to them for their upcoming Roku Channel.
Friday’s juice was all caused by the 4in. x 4in. Nuvola NP-1, the world’s first consumer streaming media player that supports 4K Ultra HD content, is currently in production and available for $299. NTEK stock surged for it’s 4th consecutive green close, bouncing over 100% from their YTD lows set last Monday, 0.037, and recorded their highest volume trading session of the year in doing so.
Legends Business Group decided to re-ignite their LGBS stock by announcing Friday that the company has signed a letter of intent with a full service cannabis company to be our joint venture partner as the company takes on a new business direction. Although no actual marijuana linkage was made public, the spurt of cash that went into LGBS stock was enough to bring it back up to the 0.002 level which has been it’s glass ceiling for all of 2014.
China Shouguan Mining’s CHSO stock is going to be an interesting one to watch simply because it has had almost no exposure at all during the course of this year and due to the fact that no one cares about a premier gold mining exploration and advisory Company with operations in Shandong. The news that the establishment joint venture company in DaXingAnLing (DXAL) in Hei Longjiang province has reached its final phase which was holding up exploration and drilling permits is all the juice CHSO stock has to go on making DamnGoodPennyPicks.com really have to work hard to satisfy being paid $15,000 for their awareness efforts.
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About NTEK Stock
NanoTech Entertainment, Inc. is a development stage conglomerate of entertainment companies focused on leveraging technology to deliver state of the art entertainment and communications products.
Issued and Outstanding: 541,292,868
Last 5 Trading Sessions:
These 3 penny stocks, NTEK, LGBS and CHSO, are all due to have their fair share of attention paid to them after the opening bell gets rung. However, Corinthian Colleges Inc. (COCO) is already trading up over 30% in premarket activity after news that they are due to receive $16 mln in federal student aid funds earned through enrollment from the dept. of Education.
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