ChinaCast Education (Nasdaq GS: CAST) reached up 17.14% in morning trading to $3.69 with 200K shares traded. ChinaCast Education Corporation is a leading for-profit, post-secondary education and e-learning services provider in China. The Company provides post-secondary degree and diploma programs through its three fully accredited universities: The Foreign Trade and Business College of Chongqing Normal University located in Chongqing; Lijiang College of Guangxi Normal University located in Guilin; and Hubei Industrial University Business College located in Wuhan. These universities offer four year and three year, career-oriented bachelor's degree and diploma programs in business, finance, economics, law, IT, engineering, hospitality and tourism management, advertising, language studies, art and music. ChinaCast Education ("ChinaCast" or the "Company", Nasdaq GS: CAST) today provided a summary of relevant information provided on its shareholder update conference call with investors last Thursday, October 6, 2011, in order to maintain full disclosure practices.
Bering Exploration, Inc., (OTCQB: BERX) reached up 30.77% in morning trading to $.17 with 160K shares traded. Bering Exploration, Inc. is an independent oil and natural gas company that focuses on identifying, evaluating, developing and acquiring potential natural gas and oil wells in the Gulf Coast onshore region. Bering Exploration, Inc., (OTCQB: BERX) announced today that it has acquired an additional leasehold on its prospect located in Singer, Louisiana bringing the total leasehold to 320 acres. This prospect will target five potential zones from 9,600' to 10,600' and has potential gross reserves of 1,300,000 barrels of oil. Bering currently owns a 100% working interests in this prospect.
AER Energy Resources, Inc. (PINK: AERN) reached up 18.89% in morning trading to $.107 with 17M shares traded. AER Energy Resources, Inc. is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution. AER Energy Resources, Inc. (Pinksheets: AERN.PK - News) has successfully signed an agreement with Eric Johnson and Riverton Energy for the formation of a Joint Venture to purchase oil and gas leases in South-Central Louisiana with the intent to drill to 12,500 feet to test the Nodasaria Frio Sand (9,400 feet), the Cockfield Sand (10,700 feet) and the Sparta Sand (12,300 feet), all of which are major producers of oil and natural gas in surrounding fields at Fordoche, Livonia and Opelousas.
For a detailed quote on any of the following companies, or to read the full news articles visit PennyTrader.com
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 is not currently being compensated for any stocks covered in this midday report
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 CLICK HERE
