Great Wall Builders
Ltd(OTC:GWBU) had another rough and wild week as the stock continued to
slump. This week the stock lost 37.50% and ended at as low as $0.10. Over the
past three months, the stock has been showing large swings with the stock
hitting an all-time high of $1.96 in early June largely supported by stock
promotions by various newsletters. However, as soon as penny stock lovers realized
the fact, traders started dumping the stock which had pulled the stock to an
all time low of $0.09 recently. Moreover, a positive press rlease by the
company on Jun 27, 2012 about the successful completion of field testing by
Cuticonsai Group of Italy failed to impress the traders and it continued to see
sharp selloff.
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IDO Security,
Inc.(OTC:IDOI) had a roller coaster week with the stock gaining over 66%
past week and made a new 52-week high of $0.66 on Friday. The stock ended
higher for the past three consecutive sessions. On Thursday, it popped up about
46% on bullish newsletters. On Friday, the stock jumped another 14% to end the
week at $0.615. On Friday, the company announced that the Company is
demonstrating the MagShoe at an Illinois prison facility as a pilot program for
Illinois officials to confirm the effectiveness of the MagShoe to combat the
penetration of cellular phones, electronic devices and weapons that have been a
known concern in correctional facilities across the U.S.
Should Investors Buy
IDOI at such high price, Get Free Trend
Analysis
MEDINAH MINERALS
INC(PINK:MDMN) was another stock which had given strong return to traders
with weekly gain of about 59%. As we all know, sometimes penny stock doesn’t
need any news to drive higher and the same was with MDMN. The recently rally
couldn’t be justified by any news, but seems like some groups are making buying
position on the stock.
Should Investors Buy
IDOI at such high price, Get Free Trend
Analysis
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