Penny Stocks To Watch – NSRS, CBIS, ATRN, GRNE

penny stocks

In search of a new catalyst for the bull rally, the market is drifting higher today after jobless claims remained the same week-to-week. Rising gas prices are also working to keep the market relatively subdues. Luckily for the most risk-tolerant traders, there is a market with plenty of volatility. Penny stocks.

Of course the normal caveat with penny stocks. Like any trade, it comes with risks. Lately the market has been dominated by the pumps, and a new newsletter designed to scalp the pumps launches in the next few weeks. Something to definitely keep your eye on.

Top Penny Stocks

North Springs Resources Corp. (OTC:NSRS) looks like it is firmly in the dump phase of the pump. If you are shorter, the stock has been a dream over the past week. The company continues to release news at a steady clip, but it looks like traders are done with NSRS at least for now. NSRS is down on heavy volume today with 51.4 million shares traded, the stock trades 56.2 million shares a day on average.

Cannabis Science Inc. (OTC:CBIS) is continuing its multi day rally today and is up more than 8% at $0.0997. CBIS is up nearly 100% since February 14 when the company signed a multi-company acquisition and licensing deals. CBIS has traded more than 50 million shares so far today, well above its daily average of 1.7 million.

Atrinsic, Inc. (PINK:ATRN) is bouncing back today and is up 14.76% today at $0.2410. ATRN had jumped about 600% from $0.05 to $0.30 since late January before falling back down to around $0.20. ATRN has traded 14.7 million shares and usually trades 18.7 million shares.

Green Endeavors Ltd. (PINK:GRNE) is up 175% today after announcing today it has retained Atlas Architects and receives funding commitments for its proposed Aveda Experience Center. GRNE has traded 268 million shares so far today.

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About Martin Stephenson

An avid market watcher, Martin enjoys the tech arena the most with the Nasdaq being his main area of focus. A finance major, Martin is working to the goal of one day ringing the bell at the NYSE.

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