The Results of Yesterday's Poll: Sunpeaks Ventures (SNPK) leads the Top 10 traded

The results are in and Speculators believe this could be the end of the run for the highly promoted penny stock of SNPK as announcements were made yesterday of "strong buy" ratings issued and a price target of $9.00 was quoted.
By: AimHighProfits.com Penny Stock Picks & Alerts
 
April 13, 2012 - PRLog -- After the close of yesterday's trading session on the OTCBB, the results showed that only two penny stocks out of the the top 10 most actively traded finished in positive territory.

Shares in the penny stock of Sunpeaks Ventures  led the group finishing the session at $1.73, up 12.34% on dollar volume of $47,384,888. A total of 28,683,681 shares were traded on 7,168 executed trades.

Speculators believe this could be the end of the run for the highly promoted penny stock of SNPK as announcements were made yesterday of "strong buy" ratings issued and a price target of $9.00 was quoted. The same treatment was given to another once hot penny stock, North Springs Resources  which reached its peak the day following its coverage from a non-Wall Street affiliated research group.

Shares in NSRS plunged from their high of $1.72 on February 7 to as low as below $0.10 earlier this week. Shares in the penny stock, NSRS, finished 11th in the most actively traded for yesterday's session, up 30%, to close at $0.078.

For more on SNPK and NSRS, check:

http://www.aimhighprofits.com/hot-penny-stocks-time-to-sell-sunpeaks-ventures-snpk-10207

and

http://www.aimhighprofits.com/hot-penny-stocks-time-to-sell-sunpeaks-ventures-snpk-10207

#2 most actively traded penny stock was Converted Organics . Shares in COIN closed at $0.0127, down -40.93%, on dollar volume of $3,069,905. 213,210,521 shares of the penny stock were traded on 2,541 executed trades.

#3 for the day as the penny stock of SEFE Inc.  whose shares closed at $1.22, down -3.94%, on dollar volume of $4,166,014 via volume of 3,417,176. A total of 1,048 trades were executed on SEFE.  

More about SEFE here:  http://www.aimhighprofits.com/cheap-otc-stocks-to-watch-sefe-trying-to-catch-lightning-432012

#4 was Lifevantage Corp.  whose shares closed at $3.22, down -6.94%. 755 trades were executed worth $2,427,852   on volume of 747,951 of the penny stock that is engaged in the identification, research, development, manufacture, and distribution of nutraceutical dietary supplements in the U.S.

#5 was marijuana focused Cannabis Science  which closed up 6.92% at $0.139 on 703 trades worth $891,045. A total of 6,607,266 of CBIS traded in yesterday's session, roughly 1/3 of the penny stocks 5 Day Average Volume of 18,535,430.

#6 was MMA focused Takedown Entertainment  whose shares were "takendown" -28.26% to $0.0165 on volume of 24,378,441. $519,888 worth of the penny stock was exchanged in 565 executed trades.

#7, an old favorite, Legend Oil and Gas  made an appearance ending the trading session at $0.70, down -9.09%. $768,946 worth of LOGL traded on volume of 1,086,283 via 471 trades executed. Yesterday's volume was double the 5 Day Average Volume 501,413.

#8 was the penny stock of Stevia First . STVF shares closed at $2.03, down -0.98% on volume of 672,721. $1,400,884 worth of STVF exchanged via 436 executed trades. Shares in STVF reached as hgh as $2.20 on the day.

For more on STVF, check: http://www.aimhighprofits.com/penny-stocks-to-watch-stevia-first-stvf-is-here

#9 on the day was Mustang Alliances  whose shares closed at $0.785, down -10.80% after $788,976 worth of the penny stock was traded on volume of 986,021. A total of 418 trades were recorded on MSTG in yesterday's session.

And finally, #10 of the most actively traded penny stocks from yesterday was East Coast Diversified  whose shares closed at $0.0042, down -26.32% on volume of 62,628,360 shares. 414 trades were executed worth $276,792 on the penny stock.

Those are the top 10 most actively traded penny stocks on the OTC for Thursday, April 12, 2012.

For those looking for ideas to trade on or to learn how to trade penny stocks, visit http://www.aimhighprofits.com/about-penny-stocks to find out more. If you are interested to receiving FREE information about penny stocks, subscribe on the AimHighProfits website and you'll receive about one stock alert each week along with access to their daily updates and commentary.

Making money is easy when trading penny stocks, you have to know which pitfalls to avoid and how to find the best penny stocks in today's market.

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