You know it’s going to be one of those weeks when the top OTC stock traded is Canadian and, at one point, 8 of the top 20 had Yield signs attached to them. The top traded penny stock on the OTC was actually Romarco Minerals Inc. (RTRAF) which had 2,355 executed trades worth nearly $7 million (6,035,675 shares), and closed up 18.13% at $1.14. The mineral exploration Company prepared its September corporate update in March, and is actually closing in on being able to rip apart Columbia, South Carolina. (See here)
Was the closing price in USD or CDN? Who really cares. Just KCCO traders, it can’t get much worse than that.
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Top 10 Penny Stocks Traded
| Symbol | Price | Pct. Chg | $ Volume | Volume | Trades |
|---|---|---|---|---|---|
| PRTN | 0.433 | +9.62% | 5,102,690 | 11,386,803 | 1,741 |
| CDXC | 1.17 | +32.95% | 3,726,608 | 3,195,925 | 1,163 |
| AUGT | 0.699 | -34.67% | 2,626,558 | 3,254,652 | 875 |
| FNMA | 0.291 | +3.01% | 2,178,996 | 7,411,636 | 661 |
| BBDA | 0.0097 | -14.16% | 776,520 | 79,057,163 | 622 |
| MJNA | 0.053 | -20.66% | 713,090 | 13,492,211 | 565 |
| GYST | 0.0119 | +9.17% | 370,345 | 27,499,745 | 492 |
| DDMGQ | 0.295 | +168.18% | 577,063 | 2,544,735 | 482 |
| LDSI | 0.0036 | +56.52% | 275,580 | 77,928,921 | 449 |
| CMGO | 0.0325 | +8.70% | 245,980 | 6,822,169 | 422 |
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Monday proved to be a slow start to a new week with most of the largest gains coming from penny stocks on the Nasdaq such as Complete Genomics, Inc. (GNOM), Royale Energy Inc. (ROYL) and Pacific Ethanol, Inc. (PEIX). Several several clean energy stocks like PEIX got big boosts from a new Environmental Protection Agency rule that sets the 2013 volume of bio-diesel products required to be included in diesel fuel markets at 1.28 billion gallons.
With that now effective, clean energy stocks could begin to see some rallies in the coming days, especially those in gasification while shale oil drillers like ROYL are going to continue to see gains for the remainder of 2012 and beyond. With that in mind, Keep a close eye on Save the World Air, Inc. (ZERO).
Note that after the close on Monday, Pristine Solutions issued a new announcement how Eaton Scientific Systems, Ltd., the wholly-owned subsidiary of the former electric water heaters to Jamaica Pristine Solutions, Inc. (PRTN), has engaged full service intellectual property law firm Cislo & Thomas LLP to advance its Tropine 3 patent application and intellectual property strategy.
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