Sunwin International Neutraceuticals Inc (OTC:SUWN) Relies on Technical Support

Sunwin International Neutraceuticals Inc (OTC:SUWN) has been pressing on the resistance at $0.35 for a couple of days. At last at the beginning of this session SUWN managed to overwhelm it and opened with a gap at $0.39.

However, it is not clear how SUWN will end the day. It has been floating around the mention resistance since the start of October without the support of any news or official report.

With this informational silence at hand, SUWN made a noticeable volume surge last Friday. Then the volume hit 923 thousand shares which is tens of times higher than the daily average.

In fact the stock had been supported by a climbing MACD which broke above the zero line three weeks ago and has been going up since then.

Apparently the Chinese company has been driven by technical factors these days but it is not clear how long SUWN will hold the positive technical set-up.

China Shandong Industry Inc (OTC:CSNH) in the Promotional Penny Stocks List

China Shandong Industry Inc (OTC:CSNH) has been traded more regularly in the past ten days. However, there is no officially announced reason which can account for the increased trading activity.

The OTC Markets website doesn't show any news on the company's section and the last SEC filed report dates back to September.

However, Hotstocked has has detected some promotional activity around the company. On Saturday, CSNH was featured in a newsletter from a promoter called OTC Journal.

The promoter doesn't specify whether he had received compensation for the service but he doesn't deny it either. He also says that he may also purchase or sell securities of the company in the open market from time to time.

CSNH has finished the last session on a higher than the daily average volume without a change in the share price which remained at $0.69. The started promotion may cause some changes in both volume and share price if the promoter is influential enough. However, it is impossible to predict whether the change will be positive or negative.

Is Bravada International Ltd. (PINK:BRAV) Part of the Awesome Stocks Family?

Last Friday, Bravada International Ltd. (PINK:BRAV) experienced a relentless sellers attack which cut the upward flight of the stock. This cause many speculators on the penny stock market wonder whether BRAV is really part of the awesome stocks family.

BRAV finished the last session on an all time record high volume of 60.5 million shares. When FINRA published the short volume date later on, it became clear that 19 million shares took part in short transactions during the day. This represents roughly 32% of the total volume.

The selling pressure occurred at the end of the day as the intraday chart shows. Due to the selling pressure BRAV stock declined 24% to $0.0057.

Unfortunately, BRAV still maintains its limited information status on the OTC Markets, which means that there is no official information about the capital structure of the company and the major shareholders.

This information is of particular interest now that BRAV has formed a third in a row scenario that resembles a pump and dump plot.

The price chart shows apart from this month similar spikes in BRAV stock had already occurred in February and July this year. The common thing among them is that a price crash followed immediately after the surge.

With such a volatility at hand, BRAV can reasonably raise suspicions among common investors who should think carefully before they decide to open positions in the limited information company.

Bogen Communications International, Inc. (PINK:BOGN) is Short on Material Information

Investors of Bogen Communications International, Inc. (PINK:BOGN) will stumble upon a red warning sign if they go to the company's profile on the OTC Market.

OTC Markets Warn that BOGN may not be making material information publicly available. The websites explains that buying or selling this security as an affiliate, employee, insider or any person in possession of nonpublic material information about BOGN may constitute trading on the basis of material nonpublic information prohibited under Section 10b of the Securities Exchange act of 1934 and Rules 10b-5 and 10b-1 thereunder.

Most importantly, OTC Markets specifies that violators of these laws are subject to civil and criminal penalties.

Apart from this warning, BOGN is also a company which trades randomly on the market. The last quotes of BOGN show s that its average daily volume is 1600 shares and the last close of the stock is at $%3. In addition the quote shows that the 52-week range of BOGN is $4.75 - $1.8.

Anyway, it seems the facts about BOGN doesn't provide for the comfort of common investors.

The Appeal of Yuhe International, Inc (NASDAQ:YUII) Receives a Big “No”

Yesterday, Yuhe International, Inc (NASDAQ:YUII) sank down 7% to $0.9 on a conspicuously higher volume than usual.

At the end of the day 621 thousand shares had changed hands of which only 3000 took part in short transactions. The reason for the decline was most likely hidden in the 8-K form which was filed yesterday with the SEC.

The official filing revealed that the Nasdaq Listing and Hearing Review Council had affirmed the August 9, 2011 decision to delist YUII securities from the Nasdaq Capital Market.

The announcement had apparently poured a bucket of cool water over investors' sentiment towards YUII which produced the increased selling pressure yesterday.

Apart from that the company 's stock has been left to the free forces of the market without any recent news to support the stock.

Energy King Inc (PINK:ENKG) has waded into a correction period after the price jump from last week. As we already wrote, ENKG skyrocketed after it was promoted on Oct 18.

The stock price which ENKG reached then was $0.0035. One week later, though, ENKG stock had lost half of the achieved value. On the last session the company closed at $0.0018 after more than 33 million shares were traded.

At that point the company's promoter, Bull in Advantage, once again entered the scene with a follow up newsletter. Through this letter the promoter stated that there was a chance for ENKG to recover some of the previous gains. Investors, however, should be remained that Bull in Advantage may trade with the stock as it was disclosed in the previous promotion.

ENKG been consolidating around $0.015 in the last couple of days. So seemingly investors' attention will be focused on this level in the next days.

GreenHunter Energy, Inc. (AMEX:GRH) Receives a Promotional Profile

Apparently stock promotions are not only a priority to the OTC and pink sheets market. Yesterday, Hotstocked received a promotion news letter on an AMEX listed company called GreenHunter Energy, Inc. (AMEX:GRH).

The leader of the started promotion is Stock Guru who had comprised a comprehensive profile of GRH in its newsletter. However, the information presented by the newsletter's disclosure is of no less importance to investors than the promotional profile.

Specifically speaking, Stock Guru disclosed in small font at the end of the newsletter that it had entered into an investor relations consulting and market awareness contract with GRH. The promoter and GRH had agreed upon a monthly cash compensation of $3000. Stock guru will also receive $4200 in 144 restricted shares based on volume weighted average share price for the last five days of each month.

Stock Guru also claimed in the disclaimer that they never sell shares in the open market during an active market awareness or investor relations program in order to avoid all potential conflicts of interest. However, sooner or later the restricted shares awarded for the campaign will hit the market.

The stock promotion comes at a moment when GRH stock is very close to a previous 52-week low. Therefore, market participant will be able to monitor whether the paid newsletter will have enough influence to save GRH from another record low value.

Strategic Mining Corp. (OTC:SMNG) Collapses on a Stock Promotion

Strategic Mining Corp. (OTC:SMNG) has been suffering from a serious post promotional hang-over. It took only three sessions in order to wipe out the whole gain SMNG achieved in the first weeks of October.

The daily chart of SMNG shows that the its share value almost double in the first two weeks of the month. SMNG manage to break the resistance at $0.02 with the help of a press release issued on October 12.

Just when the stock has reached $0.03 per share, a promotional program on the company sponsored by Crème Dellatex was initiated. What followed after the promotion though was a complete devastation to the value of SMNG stock.

Yesterday, just when SMNG had had opened the session at $0.024 on another promotion of the company surged on the horizon. It was once again sponsored by Crème Dellatex but the promoting sites were different.

At the end of the day only short investors could watch the chart of SMNG with satisfaction, for the stock drooped down 34% to $0.014. More than 6 million shares took part in this scenario, 2.8 million of which were part of the short volume.

Apparently, the promotional effect, for which $15 thousand were spent by Crème Dellatex, was soaked up by serious selling aspirations on the market.

eMamba International Corp (PINK:EMBA) Ready for a Short Penny Stocks List

These days it is only short investors who can classify eMamba International Corp (PINK:EMBA) in the awesome penny stocks family. EMBA exited this specific penny stocks list after it lost a considerable chunk of its value in the last couple of sessions.

Official quotes show that EMBA has waded into deep bearish mires recently. The most serious bearish blows were received in the last two sessions.

On Monday and Tuesday EMBA fell down 10.53% and 22.06% respectively. Eventually EMBA stock hit a share price of $0.265. On both days volume was around 1.4 million shares which is slightly above the 3-month average.

The painful slump could not be stopped even by the series of press releases issued by the company. All of the publications were connected with the announced agreement between EMBA and Acer. However, the market  didn't seem inspired by the corporate updates.

Thus, EMBA has headed towards to 200-MA but at this point it cannot be determined at what level the stock will start to consolidate. Moreover, a look at the chart shows that the MACD indicator has been adverse to the stock since the beginning of September and steel keeps being bearish.

Apparently, EMBA has speed up the correction process which followed the big surge in August. So, most likely in the next couple of days the market will seek an answer to the question whether a full correction will follow or EMBA will save some of the achieved appreciation.

Freedom Energy Holdings, Inc. (PINK:FDMF) Enters Promoters' Penny Stocks List

Freedom Energy Holdings, Inc. (PINK:FDMF) was presented as one of the awesome penny stocks by several stock promoters, yesterday. Investors should be aware though, that these promoters had apparently added FDMF to their penny stocks list because of an ordered campaign.

So far, three promoters have been detected with a newsletter dedicated on FDMF, namely Moving Pennies, Penny Stock Rumors and Sizzling Stock Picks. All of the promoters have skillfully circumvented their obligation to specify the details about the compensation and third parties.

However, there is obviously a reason for these promoters to have included FDMF in their penny stocks list. For example, Penny Stock Rumors implies that its employees, affiliates and family member “may own positions” in the company and may buy or sell stock of the company without further notification.

Thus it is not known whether the promotion of FDMF is driven by sheer advertising motifs or there are certain parties who are planning to speculate with the stock.

From a technical point of views, the applied chart of FDMF shows that the stock has formed a positive divergence with the MACD indicator. However, any unexpected intrusion suggested by the promotion may act against this technical set-up.

In addition, the unofficial financial reports of the company show that FDMF stock value has been affected by dilution. As the last quarterly report shows, for the first six months of this year the number of outstanding shares has increased by 45 million.

The report also shows a working capital deficit of $1.5 million and a net income of $50 thousand. The company admits that it will need additional capital resources in order to continue operation.

Thus, investors will need to carefully and objectively estimate the factors influencing FDMF stock at present before checking if FDMF is one of those "awesome penny stocks" that promoters claim it to be.

International Monetary Systems, Ltd. (OTC:ITNM) Reaches a New Peak

International Monetary Systems, Ltd. (OTC:ITNM) hit a 52-week high on the last trading session. The stock went up 2.05% to $1.99 on a volume of 45 thousand shares. The generated volume was three times higher than the daily average.

Later on when the short volume data was published by FINRA it turned out that the whole volume for the day was generated through short transactions.

Nevertheless, yesterday the achievement of ITNM stock was published on the OTC Markets on the news section. This act probably aimed to attract more attention to the stock.

Earlier this month the company also announced the kick-off of its upcoming holiday expo season. The first of the expos will be held on October 15.

ITNM has skyrocketed since August when it broke the psychological $1 line. At present trending indicators such as the MACD and short term moving averages are still in bullish mode. However, the last peak of the MACD was lower than the previous one which may force investors to be more careful in their decisions especially now that ITNM has hit another 52-week high in a row.

Sino Agro Foods Inc (PINK:SIAF) Speeds Down

Sino Agro Foods Inc (PINK:SIAF) has been serving a lower volatility than usual on the market. Throughout the whole month the stock has been moving in a trading range with close upper and lower border.

On the last trading session SIAF dropped down 2.90% to $0.67. With this move SIAF pressed on its support while during the intraday hours the stock even broke below this level for a while.

A couple of days ago SIAF issued a corporate update in which it provided additional details about its SAIC Filings. The company announced it was going yo make this filings public to shareholders upon request.

The was no sharp market reaction to this announcement so the stock kept floating in its narrow trading range.

There are no signs how long the company will keep this low volatility especially when technical indicators are also in a neutral stance at present.

Smart Holdings Inc (PINK:SMHS) Gets Another Promotional Coverage

The forthcoming session of Smart Holdings Inc (PINK:SMHS) will be influenced by both a stock promotion and a press release.

The promotion was received yesterday a couple of hours after the end of the session. It was comprised of several identical newsletters sent out by OTC Reporter, Smart Penny Invest and other promotional sites.

The promotional group which is led by OTC Reporter is owned by the well known Oceanic Consulting and Garden State Resource. As it shown by the newsletter disclaimer Garden State Resources had received $2000 from a non-affiliate third party shareholder of SMHS.

Yesterday, SMHS also made an shareholder update which was most likely issued in order to support the forthcoming promotion. In a press release on the |OTC Markets SMHS said that it was going to add newspaper media and Facebook social networking expansion to its marketing program.

According to the press release, the marketing program was planned to start in the beginning of November with direct mail delivered to a targeted group of subscribers.

The Hotstocked database of promotions shows that SMHS has been solidly supported by promotions this year. However, SMHS was unable to keep its share value achieved in June and has relentlessly plunged to to a 52-week high despite the wide promotional coverage.

Thus SMHS has found itself dangerously close to the ultimate bottom of the chart also known as the .0001 area.

American Cryostem Corp (OTC:CRYO) Slides Down

American Cryostem Corp (OTC:CRYO) has been facing an obstinate market in the last couple of days. Specifically speaking, CRYO stock has been recording more and more empty session and on top of it all this ordeal has been accompanied by a decreasing share price.

Looking back at September, the common investor can see the CRYO was sold at $2.25 then. Now that near two months have passed since then, CRYO is at the threshold of the penny stock area.

Even the announcement that this month CRYO had opened a Stem Cell Processing and Storage Laboratory couldn't stop the tremendous devaluation of the stock.

A probable factor which can explain the current situation with CRYO is the increase in the number of outstanding shares which is shown by the last quarterly report of the company.

The 10-Q filed in August shows that at October, 2010 the company had 5.5 million outstanding shares. However, nine months later the number of outstanding shares had reached 2011. This is more than a fivefold increase.

As the financial report shows most of the new shares were issued for the purchase of assets in April this year. In addition 2.2 million shares were issued for a private placement.

It is very likely that it is the dilution caused by the newly issued shares which lies behind the downtrend of the stock. Moreover, it is obvious that the general interest towards CRYO stock is very low as the daily average volume is only 1350 shares, which is another reason for the decreasing share value.

EPICEPT CORP (PINK:EPCT) Bounces at the 52-week Bottom

EpiCept Corp (PINK:EPCT) has attracted a whole lot of speculative eyes with its sudden upswing which underwent a slight correction in the last trading session. That session was marked with one of the heaviest generated volumes in the last couple of months.

The OTC Markets quote shows that a whopping 450 thousand shares were exchanged during the session on Friday, whereas the 3-month average volume is less than 40 thousand.

The increased market attention towards EPCT stock was most likely produced by the technical configuration of the stock chart because no news or reports were issued along with the surge of EPCT.

EPCT started climbing on Tuesday last week after nearly half a month of testing the support at $0.275. EPCT kept surging the next tow days as well and in the meantime volume was mounting up.

During the three bullish days EPCT made a total 44% surge. Apparently, those who joined EPCT in its ascension decided it was time to cash in some of the gain and thus on Friday, the company’s stock lost 5% of its value under the formed selling pressure.

Next in line, market speculations will likely revolve around the notion whether EPCT will go through a brief consolidation before continuing further down or it will keep the appreciation. The fact that EPCT has just hit an 52-week low gives even more reasons for speculations in this regard.

Swordfish Financial Inc (PINK:SWRF) Enters a Promotional Plot

There has been no recent news about Swordfish Financial Inc (PINK:SWRF) but this apparently hasn't prevented promoters from focusing their interest on the company. 

Specifically speaking two promotional letters dedicated on SWRF have been spread out since yesterday. They were both issued by Insane Stocks which is a wholly-owned subsidiary of Fidelity Ltd situated in British Virgin Islands.

The first newsletter, which arrived yesterday, didn't have a disclaimer but the second one revealed an important piece of information. Namely, Insane Stocks admitted that they would be paid in cash for the promotion but the amount will be determined on a future date.

This automatically deprives the statements included in the newsletters of their objectivity, which represents a conflict of interest.

SWRF finished 49% higher at $0.0195 on the last trading session. The volume generated on Friday was also conspicuously higher that the daily average. The statistics show that 212 thousand shares had changed hands that day.

SWRF came close to an established resistance at $0.02 and the stock will have to prove itself to this technical point in the next couple of sessions. At the same time the MACD indicator started pointing up.

Apparently, the promoters have chosen to interfere with the trade of SWRF stock at this specific technical moment. However, since there is no specific information about the third parties and the compensation for the promotion one can presume that the promotion may be serving certain interests which are against those of the common traders.

Aeolus Pharmaceuticals, Inc. (OTC:AOLS) Gives a Technical Down Sign

Yesterday, Aeolus Pharmaceuticals, Inc. (OTC:AOLS) decreased 8.89% to $0.41 on a volume of 208 thousand shares. The generated volume was much higher than the 3-month daily average which is 16 thousand shares. 

The increased trading interest towards AOLS stock was produced by a press release issued by the company on the Marketwire system and published on the OTC Markets bulletin board. 

The press release informed that the National Institute of Health through its Countermeasures Against Chemical Threats Research Network had granted a $12.7 million five-year contract to Carl White and Brian Day to continue the development of AEOL 10150 as a medical countermeasure against exposure to the poisonous chlorine gas. 

Although the market reaction was not in favor of AOLS stock yesterday, the stock still achieved an intraday peak at $0.549 before the plunge. In fact, most of the trading volume was made when the intraday high was hit whereas the closing value was generated by smaller order batches. 

For yet another time AOLS couldn’t finish above the 50-MA but at the same time the MACD is entering a sideways phase. From another point of view,  that can represent a technical safe heaven to the stock. 

Medinah Minerals Inc (PINK:MDMN) Rallys on a Technical Set-Up

The price graph of Medinah Minerals Inc (PINK:MDMN) has formed an upward curve after MDMN stock declined won to $0.04 at the end of September.

This turn-point in the share value brought along more investors into the trading game in the last couple of days. On the last session, MDMN scored a trading volume of 4.1 million shares and finished 3.8% higher than the previous close.

In the same day, MDMN hit an intraday high at $0.0595 but closed exactly at the same level as it opened - $0.052.

The rally of MDMN seems to have a technical element because there has been no press release issued by the company in the last couple of months to account for the recent stock action. MDMN surge was underlined by a brief consolidation period pivoting around a support level at $0.04.

In the last months of 2010 the same level acted as a resistance to the stock. Furthermore, a positive divergence with the MACD indicator was formed in August and September.

That has likely stimulated more potential investors to enter the market. In addition, it is not impossible that in the coming day MDMN will have to face and fight with the 50-MA.

Emamba International Corp (PINK:EMBA) Crowns Promotional Watchlists

Emamba International Corp (PINK:EMBA is once again in the promotional spotlights.

A promotional newsletter was distributed yesterday after the end of the trading session. Its issuer was the well known promoter Elite Penny Stock.

Investors should pay attention to the disclaimer of the newsletter where they can see that Elite Penny Stock t had been hired by an entity called OCI for $75 thousand to perform promotional and advertising services dedicated to EMBA.

This fact represents a conflict of interest but in most cases market speculators ignore this element and dive into the market completely aware of it. Therefore, a possibility that the promotion may create a speculative session with EMBA stock still exists.

The company has been facing lower trading volume in the last couple of days and its stock price has been less volatile as well.

From a technical point of view a bearish triangle has formed as a pattern on the chart but the forthcoming promotion may distort the technical set up in the next couple of days.