Thursday’s morning session may be green for the top penny stocks traded on the OTC, but very few traders are hearing wedding bells ringing. Old, re-pumped and just flat out range-bound are the story lines behind all of the top traded securities so far, even MR’s NanoTech Entertainment, Inc. (NTEK) has been around for dog years it seems. Interestingly enough, the previous, previous pick of Awesome Penny Stocks, Swingplane Ventures, Inc. (SWVI), is more active and better performing than their current pick, Pacific Clean Water Technologies, Inc. (PCWT) making it seem only fit to call the divorce attorney at some point today before half gets taken away like it always does.
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Swingplane Ventures’ SWVI has been jumping for a couple of sessions now after Carlos De la Torre resigned from his position as Treasurer and CFO as of September 24th and Dimitrios Trikeriotis, a private businessman residing in Guangzhou Guangdong, China, took over. Not discriminating to think that a Greek taking over would mean that the Company is suddenly going to become a dryshipper of conterfeit goods from China, Trikeriotis is a mining guy having spent a substantial amount of his time in the development and operation of a mining process platform designed for small mines processing a wide range of minerals.
Be it that “Trikeri”otis (see the subliminal) is based in China, De La Torre found it appropriate to PR yesterday, leaking information that a silver property in Mexico that is capable of going to very rapid production is going to be the project which you can fall in love with and be able to sell at 0.25 on the $1 in the next few weeks. Then again, there must still be some shares left from APS’s January-to-March pump of SWVI that can be sold for more than 0.009 so why not tell the people what they think they want to hear.
Fannie Mae’s FNMA, Freddie Mac’s FMCC and American Airlines’ AAMRQ are the three headed dog leading the pack of unwilling tickers that refuse to give traders the triple-digit gains they so desperately crave. Nevertheless, old like SWVI, new like NTEK (to some), borrowed like Brownies Marine Group’s BWMG which has been ridden hard so many times and always put away wet, or blue like The Alkaline Water Co.’s WTER, love is definitely not in the air today.
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