Penny Stock Volume Gainers: PNCLQ, SPOW, HEMP, FMCC
Pinnacle Airlines Corp. (PINKSHEETS:PNCLQ) was a strapping volume penny stock of yesterday’s trading activity, as its number of shares traded in the last session were 1.86 million, much more as compared to average trading capacity at 506,628 shares. Watching the previous one-month trend of PNCLQ, the stock showed a bullish move of +387.5%. On January 3, 2013, the market capitalization of the stock remained 739,510 and its beta factor was 1.92. PNCLQ reported that the company and its wholly owned subsidiaries have signed comprehensive agreements that, along with other things, provide a way forward for the company to come out from bankruptcy with a competitive cost structure along with a practicable long-term business plan.
Sky Power Solutions Corp (OTCBB:SPOW) closed the Thursday trading session at $0.0040. Shares traded in the prior trading activity were 2.13 million, lower than the average volume at 3.83 million shares. Looking at the previous three-month’s trend of SPOW the stock dropped -6.98%.
HEMP, INC. (PINKSHEETS:HEMP) traded with really vigorous volume of 9.49 million shares and its average volume remained 2.82 million shares. The stock gained strapping volume but remained with a negative percentage change of -1.61% in the prior trading period. The stock showed postive one-year and five-year performances of +103.33% and +510%.
The last stock amongst the tremendous volume gainers was Federal Home Loan Mortgage Corp (OTCBB:FMCC), as it traded with volume of 785,096 shares, compared to its much higher average volume of 1.18 million shares. Tracking the prior one-month progress in the form of percentage loss, the stock dropped -4.01%. FMCC has made an announcement about the latest offering regarding the Structured Pass-Through Certificates, which are, in fact, mortgage-backed multifamily securities.
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