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  • Exploding Penny Stocks in Focus | NGBF | SPEX | YCKM | ZVTK |

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    Monday Dec. 13, 2010, 09:44 am EST
     
    Penny Stocks in Focus Today - NGBF, SPEX, YCKM, ZVTK
     
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    NGBF - New Generation Biofuels Holdings, Inc. (NASDAQ:NGBF)
    New Generation Biofuels Holdings, Inc. (NASDAQ:NGBF), a leader in renewable fuels technology is moving off of The NASDAQ Capital Market and will have its shares quoted on the OTCQB marketplace. The Company had been appealing the NASDAQ determination to delist the Company's common stock due to the Company's non-compliance with the continued listing standard for shareholders' equity. Shares dropped more than 31% in the after hours on Friday.
     
    SPEX-Spherix Incorporated (NASDAQ:SPEX)
    Spherix Inc. (Nasdaq:SPEX), an innovator in biotechnology for therapy in diabetes, metabolic syndrome and atherosclerosis announced that its Phase 2 diabetes clinical trial, designed to determine the minimum dose of D-tagatose capable of reducing HbA1c, found that the minimum dose capable of affecting HbA1c was within the range of doses tested.


    YCKM- Yellowcake Mining Inc. (OTC:YCKM)
    Yellowcake Mining, Inc. (YCKM) gained 336.36% on Friday closing the day at $0.24. There has been no specific reason for the heavy gains. Yellowcake mining might continue its gains if there is any substantial news but there are more chances of the stock going heavily in drain.
     

    ZVTK- Zevotek, Inc. (OTC:ZVTK)
    Zevotek Inc. (OTC:ZVTK) gained 264% on Friday on heavy digital promotions. Paid promotions have always been the biggest reason for Zevotek stock movements. Keep an eye on this stock on Monday. Be highly cautious while trading penny stocks as they are highly risk.

     

    God Bless,
    Be Rich.
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