A look at Penny Stocks VPER, THWI, SMNG and CRPZ
Viper Networks, Inc (OTCBB: VPER) (PINKSHEETS: VPER) (OTC: VPER) is currently trading at $0.0033 up 17% today on 12M shares traded. The stock has made a strong move off the $0.002 support and has formed a steady uptrend over the past few days on bigger than average volume. VPER has a history of fast moves with resistance at around $0.006. We think there is a good chance of continued upward movement leading into next week.
Viper Networks, Inc. is a provider of voice over Internet protocol (VoIP) communications products and services. The Company utilizes its VoIP technology to transmit digital voice communications over data networks and the Internet. The Company offers a range of consumer (including residential and small business) VoIP products and services designed to meet its customers’ global voice communications needs. The Company’s consumer VoIP products allow calls to be placed to any phone number in the world over its global VoIP network.
Thwapr, Inc (OTCBB: THWI) (PINKSHEETS: THWI) (OTC: THWI) is currently trading at $0.04 up 66% on the day on 10M shares traded. The stock has made a huge move in the last 2 weeks, starting in the $0.005 range. We are impressed at how well the stock is holdings its massive gains here but we suggest investors be careful, these penny stocks can collapse just as fast as they have risen.
Thwapr, Inc is a mobile video sharing Platform Company that has engineered a proprietary technology to deliver the best possible mobile video quality and user experience regardless of device, network or carrier. Thwapr's seamless device agnostic process empowers users to socialize video content, and provides a solution to monetize the mobile community. Founded by digital video pioneers from Apple, Avid and MTV, Thwapr's patent-pending technology allows brands and marketers a new visual communication channel to engage the hundreds of millions of consumers with Web-enabled mobile devices.
Strategic Mining, Corp (OTCBB: SMNG) (PINKSHEETS: SMNG) (OTC: SMNG) is currently trading at $0.0035 up 34% for the day on 13M shares traded. The stock is trading very close to all time lows here, we will watch carefully for further signs of a breakout.
Strategic Mining Corp.'s goal is to become a significant explorer and developer of gold properties in Guinea and Vietnam. It is currently planning more exploration and development programs on its Siguiri property, and intends to expand its property base in Guinea by acquisition and joint venture.
Convenience TV, Inc (OTCBB: CRPZ) (PINKSHEETS: CRPZ) (OTC: CRPZ) is currently trading at $0.0012 up 20% on the day on 14M shares traded. Although CRPZ is up today the stock has been in a general downtrend and we suggest investors stay on the sidelines for now.
Convenience TV is focused on the Convenience Store Industry and provides their clients with an "in-location" TV network. The Network is designed to deliver both entertaining content and targeted advertising on a demographic basis to each retail location. In addition, the Network delivers promotional advertising tied to products within the retail location. The programming can be up-dated quickly and is tailored to meet the specific clients' need for increased sales, customer enjoyment and brand reinforcement.
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