The Dean’s List of Penny Stock Price Gainers for July 29: (WMNS, PEIX, SGDH, SUGO, NMTI)
July 29th, 2010 at 5:04 pm Posted by The Dean
The Dean wants all of his students to study up on this list of penny stock price gainers from Thursday, July 29, 2010:
WMNS $0.18 +50.13%
Today, Westmont Resources, Inc. (OTC: WMNS) announced it has directed its auditors, Malone & Bailey, to perform an audit of the Company’s previously acquired 92 oil and gas wells in the Chattanooga Basin. WMNS management “estimates the potential and probably reserves associated with this acquisition to be valued in excess of $200 million.” As a result, WMNS traded 360,519 shares, or more than 12 times its 10-day average, and gained as much as 66.7% today.
PEIX $0.5799 +18.35%
Pacific Ethanol, Inc. (NASDAQ: PEIX) produces and sells ethanol and its co-products in the western United States, including California, Nevada, Arizona, Oregon, Colorado, Idaho, and Washington. Although the Company hasn’t issued news in a month, PEIX traded more than 2.5 times its 3 month average volume, moving up as much as 26.5% today.
SGDH $0.08 +14.29%
SGD Holdings, Ltd. (PINK: SGDH), through its subsidiary, EcoPaper, Inc., creates and markets treeless paper products. Over a week ago, SGDH announced that its newly acquired subsidiary, EcoFriends, fulfilled a product order in excess of $155,000 to Suburbia, a Mexican subsidiary of Wal-Mart.
SUGO $0.295 +9.26%
Last night, Sungro Minerals, Inc. (OTC: SUGO) announced additional information regarding estimated copper deposits, and gold mineralization, in its Conglomerate Mesa properties.
NMTI $0.48 +8.84%
NMT Medical Inc. (NASDAQ: NMTI) designs, develops, manufactures and markets proprietary implant technologies that allow interventional cardiologists to treat structural heath disease through minimally invasive, catheter-based procedures. This morning, NMTI announced second quarter 2010 revenues of $2.6 million, or approximately $0.16 per diluted share, with $1.9 million in cardiac septal repair implant sales.
