New York, NY - WePickPennyStocks.com is pleased to alert investors of stocks on the move.
Golden Eagle International, Inc. (OTC:MYNG) is trading up 20% at $0.0012 on huge volume of 9 million shares. Golden Eagle International, Inc. (OTCBB: MYNG) reported today that it has filed a $40 million counterclaim and third-party complaints against Yukon-Nevada Gold Corp. ("Yukon-Nevada"), Queenstake Resources USA, Inc. ("Queenstake USA"), Queenstake Resources Ltd. ("Queenstake Canada") (both wholly owned subsidiaries of Yukon-Nevada) and Francois Marland ("Marland"), a French citizen and Yukon-Nevada investor.
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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