Penny Stocks Watch That Made The Headlines

Yesterday’s Penny Stock Winners were far and few between. Of all the Penny Stocks to Watch, few had their eyes set on these companies as very little news hit the streets and rumor mills prior to these jumps.

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The Ususal:

SavWatt USA, Inc. (OTCBB: SAVW), pioneers in LED lighting and the Green Revolution, announced Tuesday that a SavWatt Eco-Pole has been selected for installation at a strategic location on the Fort Knox Military Base in Kentucky.  SAVW had the highest volume at 103.68 million shares traded closing at $0.002, an increase of 53.85% or $0.007. SAVW is surely a Penny Stock to be watch in the coming days.

A few weeks ago, Megola, Inc. (OTC: MGONE) , a leading environmental solution provider, announced t had signed a Memorandum of Understanding (MOU) with High Point Enterprises Co Ltd of the People’s Republic of China (PRC). The agreement is to license the manufacturing of Megola’s Fire Inhibitor Coating (FIC) and for the distribution rights in PRC as well as any export goods leaving the PRC. That action led to some significant volume on MGONE. MGONE closed at $0.01, up $0.0075. A 300% gain on MGONE yesterday on 2,950,000 million shares traded. Is MGONE gone from Penny Stock watch lists? I doubt it but the risk in trading this penny stock could be huge.

Sunwin International Neutraceuticals, Inc., (OTC: SUWN) was another heavy hitter in the Penny Stocks Tuesday. SUWN, one of the top global providers of Stevia extracts including Rebaudioside A 98, announced Tuesday that, after the European Commission’s (“EC’s”) recent approval of Stevia for use in the food and beverage industry, management intends to aggressively pursue opportunities in Europe . SUWN closed at $0.46, up $0.038. The gain on SUWN, although so significant, was 9.00%. SUWN traded on relative volume of 2,650,000 shares.  SUWN doesn’t seem to be a Penny Stock to watch in the short or long term but still worth noting.

The Unusual:

From a lethargic penny stock that traded an average of 40,000 shares a day and was underneath everyone’s radar, Toron, Inc. (OTCBB: TRON) whizzed out of the gates Tuesday to trade some 2.1 million shares.

Pacific Ethanol, Inc. (NASDAQ: PEIX) closed up over 30% today and is now up 135% since my initial alert on it November 8th!

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