Jeff Mirkin has been trading penny stocks for 12 years and is an expert in microcap securities.
Viking Minerals Inc (OTCBB:VKML) traded 11.40 million shares on January 24, 2013 and the stock’s average volume remained 2.92 million shares. Past trends of VKML showed that the stock dropped -97.83% in its 6-month performance, while the stock was a percentage gainer in its YTD performance and jumped up +261.11%. VKML has reported on behalf of its board that the company is connecting with Capital Investment firms to fund the acquisition along with other Capital expenditures. Under the conditions of the deal with Discovery Day Gold Mine -Trinity Alps Resources Inc’s owners, VKML has to make payment of roughly $15,000,000 for the acquisition and payment of approximately $6,100,000 is owed by March 31, 2013, while the balance of payment is to be paid on a monthly basis, $494,444 every month for 18 months.
Generex Biotechnology Corporation (OTCBB:GNBT) moved up +3.85% to close the trading session at $0.0405. GNBT was among the volume gaining stocks and the number of shares traded on January 24, 2013 was 10.25 million and its average volume remained 3.85 million shares. Tracking the YTD performance of GNBT, it showed a bullish movement of +62%. Trackingvthe past one-year and 5-year trend, the stock plunged -77.87% and -87.3%, respectively.
Cord Blood America Inc. (OTCBB:CBAI)’s trading volume was 9.71 million shares and its average volume remained 9.68 million shares. The stock remained with no change in the prior session and closed the session at $0.0026. The 5-day graph showed the downbeat performance of -27.78%. Tracking the 6-month performance, the stock showed a negative movement of -80.74%.
One more stock in the row of volume superiors was Active Health Foods, Inc. (OTCBB:AHFD), as the stock traded 9.49 million shares and its average volume remained at 16.43 million shares. AHFD remained with no change in the previous trading session while the market capitalization of the stock was $405,300 on January 24, 2013. The stock was a loser in its prior one-month performance and dropped -25%.
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