It took nearly 6 months since the first shares traded, but finally, traders who patiently accumulated positions in the penny stock of Soul and Vibe Interactive Inc. (SOUL) have scored big. Gaining more than 340% in just one week, SOUL stock hit everyone’s radar screens today after ending the session as the 8th most traded penny stock on the OTC (10th overall). What started out with a software development agreement with Vuzix Corporation (VUZI), a leading developer and supplier of smart glasses on the 10th was sent soaring today after putting Michael Hess in charge of their financial reporting and internal controls. Does anyone know who Gurk Burkle is yet?
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Leading the group is the obvious pump, abandon, recommit pick of the Awesome Penny Stocks family: Xumanii Inc. (XUII). Rebounding from a red-headed step child type beating yesterday, XUII stock jumped 25% on huge volume which we highly doubt had anything to do with institutional buyers today.
Alerts came out to tout the recovery efforts shortly after the closing bell stating “Here we go again! The next bull run is just starting! We mentioned to members earlier today and yesterday that XUII was a great buy. Today our statements proved right with a steady and strong close on our #1 pick for the summer. Now get ready to jump in again because this momentum rally is about to drive XUII to well over $1.50 this time around!”
Um, guys, you still haven’t hit that $1 promise you’ve been emailing about for nearly 2 months now.
On a brighter note, we were wrong about how Bayside Corp. (BYSD) was likely to trade, gapping open just a micro-fraction above Tuesday’s close of 0.0046. Trading between 0.0048 – 0.0158 for the day, you had about 10 minutes at the open and about a half hour during lunch to get into BYSD stock at anything under 0.01.
The bounce back over 0.01 at lunch was due to the announcement made mid-day of the energy exploration, development and production company entering into a JV with Nick Kontonicolas’ C-Trade Group, Inc., a petroleum logistics trade and finance company for heavy fuel oil exports. If you don’t know who Nick Kontonicolas is and what effect his ties to a pink sheet stock has then you shouldn’t be trading on the OTC. Just ask the guys at eMax Holdings Corp. (EMXC), Ingen Technologies Inc. (IGNT) or Green Mountain Development Corp. (GMND).
Besides the top 10 penny stocks traded, First Liberty Power Corp. (FLPC) caught our attention, gaining 81.58% to close at 0.0069. The innovative and diversified mine exploration and development company focused on “Mined in America” strategic industrial minerals shuttle-bused itself into the spotlight after announcing that the Fencemaker/Antimony Mine “Plan of Operation” has received Bureau of Land Management approval.
It wasn’t the highest volume trading session FLPC stock has had this year, but closing green and trading over 20 million shares was more than enough to send a few pigeons down the shaft to see if there could be enough air to breathe tomorrow.
And lastly, a blast form the Awesome Penny Stocks past, Goff Corp. (GOFF), made a smudge on the screens today after it closed at 0.0137, up 63.10% on dollar volume of $93,719 (7,178,293 shares). A total of 192 trades were executed on the former POS that went from 0.20 to 0.65 back in March / April which was also supposed to break $1 and more. So much for forecasts.
About SOUL Stock
Soul and Vibe Interactive Inc. is development stage video and computer games company focused on developing, publishing, and digitally distributing interactive entertainment for video game consoles, mobile devices, and personal computers.
Click here to view the SEC filings for SOUL.
Click here to view the website for Soul & Vibe Interactive.
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It will hard for SOUL not to end tomorrow’s trading session on the list of the top 10 penny stocks traded, red or green. Indications are that green will be the color for Thursday, but one has to consider hat this time last week, you could have gotten shares of SOUL stock for just 0.16. The deal with VUZI is about as good as the paper it was printed on. Now if the paper was 100% tree-free bamboo-based like the ones that Green Innovations Ltd. (GNIN) sells for wiping, then maybe, just maybe we might all find out who the heck Gurk Burkle is.
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