Dallas 2/18/2011 10:30:57 AM
News / Finance

GSAE, SUGO, HOMS, OCTI, NVSR: Triple Digit Gains With Light Volume

Triple Digit Gains With Light Volume: GSAE, SUGO, HOMS, OCTI, NVSR

Green Star Alternative Energy, Inc. (PINK: GSAE) has surged 82.30% or $0.025 to settle at $0.055 a share with an increased volume of 702,000. the stock penetrated its 50 day moving average of $0.014 and 200 day moving average of $0.016 with a relative strength index of 84.49.

Green Star Alternative Energy, Inc. focuses on developing renewable electricity. It produces energy from wind, water, and sunlight. The company was formerly known as R & R Travel, Inc. and changed its name to Green Star Alternative Energy, Inc. in June 2008.

Sungro Minerals Inc. (OTC BB: SUGO) has exploded 96.43% or five cents to settle at $.11 a share with a surging volume of 5.5 million shares. The stock blew through its 50 day moving average of $0.06 a share and is still below its 200 day moving average of $.18. Relative strength index is at 77.3, which is considered an overbought condition.

Sungro Minerals Inc. is an exploration-stage company. The Company is engaged in the exploration, development and acquisition of mineral properties. During the fiscal year ended November 30, 2009, Sungro acquired 341 lode mining claims, the Conglomerate Mesa, located in Inyo County, California. As of November 30, 2009, the Company had not generated any revenue from its operations.

Homeland Security Capital Corp. (OTC BB: HOMS) has exploded 70.59% or $0.012 to settle at $0.029 with a moderate volume of 555,000 shares. The stock has pierced through its 50 day moving average of $0.0186 and went slightly above its 200 day moving average of $0.0268 with a relative strength index of 56.17.

Homeland Security Capital Corporation provides radiological, nuclear, environmental, disaster relief and electronic security solutions to government and commercial customers. The Company is engaged in the strategic acquisition, operation, development and consolidation of companies operating in the chemical, biological, radiological, nuclear and explosive, (CBRNE), incident response and security marketplaces within the homeland security industry.

Octus Inc. (OTC BB: OCTI) has surged 193.33% or $0.029 to settle at $0.044 a share with a light volume of 40,600 shares. The stock price went over its 50 day moving average of $0.024 and stopped slightly below its 200 day moving average of $0.048 with a relative strength index of 74.57.

Octus Inc. is an energy management company. The Company is engaged in developing, marketing and selling lighting, cooling and energy management solutions. The Company has developed OctusSEP (smart energy platform), an energy savings and demand response management program for the energy management market in the United States.

NavStar Technologies, Inc. (PINK: NVSR) has gained 105.13% or $0.04 to settle at $0.08 a share with a moderate volume of 577,000. Watch out for the relative strength index, since it is in uncharted overbought territories of 93.94, this stock should pull back very soon. Stock price penetrated its 50 day moving average of $0.02 and 200 day moving average of $0.03 and never looked back.

NavStar Technologies, Inc. provides global positioning system (GPS) related hardware and services to the consumer and commercial markets in the United States and internationally. The company focuses on creating products and services that provide tracking and monitoring of vehicles and high value cargo, equipment, and other valuable and personal assets. Its products and services comprise hands-free calling navigators, fleet management systems, mobile display terminals, personal asset trackers, and software services. The company is based in Anaheim, California

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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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