dallas 5/10/2010 10:40:01 PM
News / Business

Top Penny Stock Gainers Today include LGTT, MCGI, CNEX

Subscribe to our FREE penny stock email alert service by visiting http://www.pennytrader.com/sign-up/

Active Penny Stocks in the News

 

PennyTrader.com presents a range of the hottest penny stocks on the OTC and OTCBB market today. In addition to daily hot stock alerts, PennyTrader.com‘s new penny stock alert service is fast becoming the premier stock alert list to be on.

 

Subscribe to our FREE penny stock email alert service by visiting http://www.pennytrader.com/sign-up/

 

LIGATT Security International (Pink Sheets: LGTT) was up 50% in morning trading to $.0006 with 316M shares traded. LIGATT Security International (Pink Sheets: LGTT - News), a cyber security company, today announced that the company will be buying back shares on the open market and through private individuals in order to increase LSI's share price.

For detailed quote and full article http://www.pennytrader.com/quotes/LGTT.php

 

MedCAREERS GROUP, Inc. (OTC Bulletin Board: MCGI) reached up 36.88% in morning trading to $2.19 with 860K shares traded. MedCAREERS GROUP, Inc.'s mission is to become a leader in the healthcare career arena with a focus on the healthcare professional. MedCAREERS Group, Inc. today announced that it has entered into a letter of intent to acquire a nurse staffing company located in the Southeast. The acquisition target has annual revenues of approximately $3.9 million and has an operating cash flow of approximately $180,000 per year. The transaction is structured as an asset purchase and is subject to due diligence, financing, and completion of definitive documentation. The purchase price for the assets is approximately $500,000 with 50% of the purchase price being financed over time by the sellers.

For detailed quote and full article http://www.pennytrader.com/quotes/MCGI.php

 

Cannon Exploration (Pink Sheets: CNEX) was up 42.86% in morning trading to $.002 with 55M shares traded. Cannon Exploration is positioning itself to emerge as a quality mineral resource Exploration Company in the North American mining industry, focusing primarily on properties located in preferred mining districts in Canada. Cannon Exploration (Pinksheets: CNEX - News) is pleased to announce that the company will be returning to the Queen Alexandra property sometime in late May to continue with the next stage of exploration.

For detailed quote and full article http://www.pennytrader.com/quotes/CNEX.php

 

Subscribe to our FREE penny stock email alert service by visiting http://www.pennytrader.com/sign-up/

 

About PennyTrader.com

 

PennyTrader.com is a financial and investor relations website committed to covering the microcap market space including Pink Sheets and OTC Bulletin Board and sub-$5 big board stocks. We strive to provide you with the best stocks alerts in the market! We focus on OTCBB, OTC, penny stocks, sub-$5 big board stocks, and timely stocks picks and alerts. Our goal is to inform you of the HOTTEST stocks
in the market before they move. Our staff has years experience in the stock market, and we are confident that you’ll be impressed with the results of our stock picks! If you wish to feature your organization on our website then you can contact us at publisher@pennytrader.com.

 

Disclosure: PennyTrader.com has not been compensated for any stocks covered in this midday report

 

For complete disclosure information go to http://www.pennytrader.com/disclosure/

 

PennyTrader.com is not a registered investment advisers or broker/dealer. PennyTrader.com makes no recommendation that the purchase of securities of companies profiled in this press release is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the micro cap companies covered and the potential lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk. For our full disclaimer go to http://www.pennytrader.com/disclaimer/