New York, NY - WePickPennyStocks.com is pleased to alert investors of stocks on the move.
The BlackHawk Fund (OTC:BHWF) surged 12% at $0.0037 on 33 million shares in the early morning trade. The BlackHawk Fund acquires and redevelops residential and commercial real estate for investment. As of December 31, 2008, the Company held three properties in its real estate portfolio, although two of these properties are in the process of being distributed from its portfolio. Once the Company acquires a property, it redevelops and refurbishes the properties, seeking to enhance the value of the properties. Once a property is refurbished, it seeks to generate revenue by rental of the property, and it also seeks to resell the properties if market conditions permit.
ENCORE ENERGY SYSTEMS INC (PINK:ENCS) is trading up 100% at $0.0002 on huge volume of 1 million shares. ENCS is an international aggregator bio-diesel reactor technology, fuel distribution, production systems and fuel production facilities.The Company also owns the patents for the use of grey-water, and domestic water in heat exchanger systems.
Infineon Technologies AG (ADR) (OTC:IFNNY) is up on thin volume. In an early session, it surged over 7% at $3.96 on over 36K shares. Friday, 10 July, Infineon said it would issue new shares worth a total €725 million (one billion dollars), and that current shareholders would be given a place at the head of the line to buy them.The money will be used to repay about €570 million in convertible bonds which mature in mid 2010, a statement said.
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