Conneticut 2/13/2013 12:08:05 AM
News / Stocks

Incredible Tuesday Movers: MAXWELL RESOURCES (OTC:MAXE), Nexen Inc. (NYSE:NXN)

Movements of penny stocks is always unpredictable, as they are valued at negligible rate per stock

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Movements of penny stocks is always unpredictable, as they are valued at negligible rate per stock but still their investment proves to be highly lucrative if their proper measurement of movements is observed along with past trend for few days or months.

In order to get complete coverage of stock movement, we have picked a bullishly trading OTC stock MAXWELL RESOURCES(OTC:MAXE) whose shares were trading above the trend line with positive change of 3.53%.

MAXWELL RESOURCES (MAXE) was tracked down for its past five days movement, and it showed that stock gained investors’ confidence with bullish change of 18.28%. The stock was further analyzed for past one month and was still above the trend line with positive change of 4.76%.

Maxwell Resources, Inc. (MAXE) has inked with hard metals geologist consultant, Craig S. Bow, to guide the proving up and discovery of hard metals, including gold, within the Company`s 170,000 acres in Northern New Mexico`s Raton Basin to which it possesses fee-simple mineral rights.

Nexen Inc. (USA)(NYSE:NXY) was under investors focus on Tuesday as Cnooc Ltd., China’s largest oil and natural gas producer, got green signal to purchase the US assets of Nexen Inc., its final regulatory obstruction in the $15.1 billion buyout of the Canadian energy firm.

Investors seemed happy over the deal and stock of Nexen Inc. (USA) (NXY) were trading above the trend line with bullish change of 2.07%.

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