Dell Deal On The Table, Announcement Expected Today - Small Cap Stock Review: Dell, Inc. Cannabis Science, Growlife, Inc. Echo Automotive, Swingplane Ventures
LONDON, February 5, 2013 /PRNewswire/ --
Shares of Dell Computer were trading heavily in the markets in yesterday's trading and look like doing the same again today based on speculation that a deal will be announced today which will take the company private. The value of the deal is rumored to be in the region of $24 billion and values shares of Dell at approximately $13.50 - $13.75 per share. The company is expected to take a vote on this in a meeting today.
Growlife, Inc. (OTC: PHOT) came straight on to the volume focus list with a significantly higher than normal volume day and strong price performance alongside. PHOT was one of the heaviest traded stocks over the counter yesterday with almost $5 million traded and a stock which closed up by 42% on the trading day
Cannabis Science (OTC: CBIS) continued its run higher in Mondays trading session with the stock climbing another 34% on strong buying in the OTC markets. CBIS traded almost $5 million in a day where it was one of the more heavily traded stocks on the OTCQB.
Echo Automotive (OTC: ECAU) followed up on Mondays green day with another in yesterdays close on Wall Street. Shares of Echo Automotive were higher by 11.6% on $4 million exchanging hands. The volume is certainly lower than what we saw at the highs last week; however the stock's performance has been higher in the double digits over the last 2 sessions so we will continue to track the company based on volume and performance.
Swingplane Ventures (OTC: SWVI) managed it once more to start off this trading week with shares slightly higher on the close by 1.5%. The volume on SWVI had certainly moved a little lower but was still over $3 million overall.
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Regardless of what's going on in the mainstream we will always keep you updated and look to be value added. We hope you have enjoyed our coverage; we will be back to you tomorrow with our daily look at the OTC markets.
We track the volume and keep in touch with any increasing trends to the upside or downside. We also cover the top stocks on the OTCQB, OTCQX, and the Pink Sheet markets.
Disclosure: Clubpennystocks is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Clubpennystocks is a wholly owned entity of a financial public relations firm. We have not been compensated by any of the companies listed in this news release.
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