LONDON, ENGLAND -- (Marketwire) -- 05/03/12 -- SEFE (SEFE Inc) and many of the other high flying micro-cap stocks from the last week dropped yesterday. SEFE closed at 1.60 and traded $11 million. SNPK (Sunpeaks Ventures) also had a substantial decline, with $23 million traded and a drop of 47%. LQMT finally gave up on its run higher and was lower by 23% on $6.6 million dollars traded. GWBU (Great Wall Builders) was the big gainer of the volume leaders. GWBU traded $5.5 million and was up by 37%.
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Remember we cover the volume, so we will continue to watch stocks based on trading volume alone. We will cover the top stocks on the OTCQB, and on the Pinks.
These are the six stocks that just had a spike in volume:
SNPK - Sunpeaks Ventures Inc.
LQMT - Liquidmetal Technologies.
TXMD - TherapeuticsMD.
SEFE - SEFE, Inc.
KMIIV - Kinder Morgan.
GWBU - Great Wall Builders.
STVF - Stevia First.
As our subscribers know, timing is absolutely critical when buying stocks. The stocks you buy are not as important as WHEN you buy. SNPK is a good example of this, some people got in at 0.50 cents before it traded to $2.28! On the other hand some people paid 2.28 and are now down 50-75% on the trade. The same could be said for a play like LQMT which was up yesterday and down the day before after also performing well on heavy volume.
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