This morning's trading session has been somewhat volatile, the Dow Jones is currently down 50 points or 0.5%. Diving into the action in the OTC and PinkSheet Markets we have found three stocks that have caught the investment communities attention with their impressive gains thus far.
Stratton Holdings, Inc. (PINK: STHG) has seen shares rise to a high of .0086 so far this morning and currently the shares are sitting at .008 up 42% on the day on just over 35 million shares in total volume. The stock has seen a steady climb up the charts in recent days as interest builds from the investment community in this sub penny stock. Skylab Global Investments has followed the stock since shares were trading in the .0032 range.
Encounter Technologies, Inc. (OTC: ENTI) has seen its shares rise 25% so far this morning on over 66 million in total share volume on the back of recent news released from the company. The company announced a new weekly call update scheduled for 10AM EDT on Friday June 18, 2010 that will feature the latest news for MusicMatrix.com - to access, individuals can call 800-642-1687 for USA and Canada or 706-645-9291 for international calls. The new conference code for this updated release is 78255012.
SNM Global Holdings (OTC: SNMN) shares of the company are currently up 73% on just over 6 million in total share volume on the back of news that the company announced this morning stating the company sold its subsidiary, LGN Entertainment Distribution. The transaction provided the elimination of significant long-term debt and added new assets and operations. Shareholders will retain their prior ownership with no modification. No recapitalization or reverse-split of any kind will be part of the Company's new operations. No new stock is being issued as part of the transaction. Stockholders will experience no dilution resulting from the transaction.
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