Following are some of the microcap stocks with high volume that have been showing a lot of increased activity gaining or losing a huge chunk of their price per share at the open.
Universal Detection Technology (OTCBB: UNDT) began the day with a 16.67% increase or $0.0001 to settle at $0.0007 with an increased volume of 228.9 million shares. The stock broke its 50 day moving average of $0.00042 and is still trading below its 200 day moving average of $0.00107 with a relative strength index of 64.55.
Universal Detection Technology is engaged in the research, development and marketing of bioterrorism detection devices. The Company's flagship product is an automated real-time bacterial spore detector, called BSM-2000, used for detection of abnormal levels of airborne endospores, such as anthrax. BSM-2000 combines a bio-aerosol capture device with a chemical test for bacterial spores that is designed to detect anthrax attack.
Team Nation Holding Corp. (OTCBB: TEMN) on the other hand has lost 28.57% of its value or $0.0008 to settle at $0.002 with a volume of 182 million shares traded at the open. The stock is trading above its 50 day moving average of $0.00125 and above its 200 day moving average of $0.0016 with a relative strength index of 53.
Team Nation Holding Corporation (Team) incorporated on November 16, 2004, focuses in title insurance and escrow services through its affiliate title agencies, and the provision of management, production services, human resource (HR) administration, information technology (IT) support, and accounting administration for title insurance companies, and related real estate ventures.
Juniper Group Inc. (OTC BB: JUNP) has lost 16.67% or $0.0001 to settle at $0.0005 with a volume of 43.7 million shares. The stock is trading above its 50 day moving average of $0.00037 and below its 200 day moving average of $0.00159 with a relative strength index of 50.80.
Juniper Group, Inc. (Juniper), is a holding company focused on the wireless infrastructure service industry. The Company conducts its business, through its wholly owned subsidiaries. The wireless infrastructure services operations are conducted through two wholly owned subsidiaries of Juniper Services, Inc. (Services) a wholly owned subsidiary of Juniper Entertainment, Inc.
China Nuvo Solar Energy Inc. (OTCBB: CNUV) has exploded 52.94% or $0.0018 to settle at $0.0052 with a volume of 41.6 million shares traded by midday. Stock has pierced through its 50 day moving average of $0.002 and its 200 day moving average of $0.0027 with a relative strength index of 82.08, which is considered quite overbought at these levels.
China Nuvo Solar Energy Inc. is a development-stage company. The Company is working to develop and design, with a view towards manufacturing, solar photovoltaic (PV) cell technology products. The Company owns certain applications and rights and other photovoltaic intellectual property. The Company's primary technology involves a solar cell technology based on photovoltaic cells with integral light-transmitting wave guides in a ceramic sleeve. The Company is working to develop, manufacture and market in conjunction with strategic partners, solar cells and solar power products for a range of applications based on its technology that increases light-trapping, while enabling a range of materials to be used.
Left Behind Games Inc. (OTCBB: LFBG) has lost 6.45% or $0.0001 to settle at $0.003 with a volume of 43.4 million shares traded by midday. The stock has been trending slightly below its 200 day moving average of $0.03 and way below its 50 day moving average of $0.004 with a relative strength index of 38.41.
Left Behind Games Inc. (LFBG) is engaged in the development, production and sale of christian inspirational personal computer (PC) video games based upon the Left Behind series of novels, published by Tyndale House Publishers. All of the games are branded under the names of LB Games and Inspired Media Entertainment. Two of its primary video games are based upon the Left Behind novels and products. These entail fictional storylines focused on events at the end of the world, including the ultimate battles of good against evil. They are very action oriented and supremely suitable for an engaging series of electronic games.
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Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
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