Penny Stock speculators have been buying up shares of Punchline Resources, Ltd (OTC: PUNL) as the stock continues its slow move up from the $0.70 range. The volume and price have accelerated in recent sessions as it has become evident that the stock is being promoted by none other than Bollinger Research/ Brighton Markets; those behind the now infamous IDNG which ran from well under $1 to a high of $3.80 per share!
NightCulture, Inc (OTC: NGHT) has been making an explosive move up in recent sessions as investors are beginning to see the massive potential offered by the first ever Electronic Dance Music (EDM) oriented company to trade on the public markets. Not only is NGHT technically set up for a Monster run, this company has real fundamentals to back it up; exploding revenues and a loyal shareholder base who swear by this company.
Finally Southridge Enterprises, Inc. (PINK: SRGE) which ran from triple zero land to a high of $0.0044 last week exploded again today reaching a high of $0.0095 up another 100% from Friday's close after the mineral exploration company announced it has begun a Multi-million Dollar expansion of its Cinco Minas Mill (NYSE:CMM) located at Cinco Minas, Jalisco, Mexico. The new facility's high efficiency expansion will raise full production capacity to 500 ton per day (tpd), a more than 8 fold increase from the current 60 tpd production level, by the end of 2013.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.