SCOTTSDALE, Ariz., March 20, 2006 (PRIMEZONE) -- 27 penny stocks in the Quality Stocks Daily Report closed up by at least 20% on the day compared to their previous day's closing price through last week, with 10 stocks closing up 40% or more.
The most wining stock pick of the week was Black Dragon Resource Companies, Inc. (Pink Sheets:BDGR), a company focused on the recovery of oil and gas reserves. Black Dragon Resource closed the day up 49%, 15%, 13% and 12% on four of the five trading days. The company was issued a 12 month price target of $4.00 by RedChip Research last week with investor coverage provided by investment newsletters Wall Street News Alert, OTC Reporter, CEOCast, RedChip Visibility and Aurelius Consulting.
The best gaining stock pick of the day was Wide E-Convergence Technologies Americas Corporation (Pink Sheets:WDCV), a provider of e-learning technologies and services for training, education and communication. Wide E-Convergence closed the day up 135% on Thursday and gained another 47% on Friday to close out the week. The company received investor coverage from investment newsletter OTC Stock Exchange with follow-up coverage by OTC Advisors and OTC Picks.
Phinder Technologies Inc. (OTCBB:PHDTF), a provider of web-based technologies for small businesses was Number 3 for the week out of all micro cap stock alerts recorded at Quality Stocks. Phinder closed up 65% last Tuesday compared to the previous day's close with additional investor coverage provided by OTC Advisors.
XsunX, Inc (OTCBB:XSNX) was the money flow deal of the week, trading 50 million shares in the $2 to $2.50 price range, and closing up 19% at $2.76 on Thursday. XsunX is the developer of Power Glass(tm) -- an innovative thin film solar technology that is intended to allow glass windows to produce electricity from the power of the sun.
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