SCOTTSDALE, Ariz., May 8, 2006 (PRIMEZONE) -- Penny Stock investment newsletters continued their successful coverage of energy stocks in the Micro Cap market last week showing gains of up to 800% on the day as tracked by the QualityStocks investment newsletter tracking service.
Quality Stocks is a free service that collates the Micro Cap Stock Picks featured by over 150 online Investment Newsletters into one free Daily Newsletter Report showing the Winners and Losers on the day. By following our free newsletter, traders can spot the more successful investment newsletters for particular sectors or price trading ranges.
Pilgrim Petroleum Corporation (Pink Sheets:PGPM) gained 809% on May 1st to close at $0.10 after announcing record income for the quarter. The stock went on to close up the week another 50% at $0.152.
First Petroleum & Pipeline Inc. (Pink Sheets:FPPL) gained 153% on May 2 to close at $0.021. Last news from the company was on April 7, 2006 when it announced that is had secured the rights to eleven Federal Oil & Gas Leases in the States of Wyoming, New Mexico and Colorado.
Nord Oil International Inc. (Pink Sheets:NDOL) closed up 90% on May 4 at $1.36 on strong trading after announcing an unsolicited offer had been made for 100% of the total outstanding shares of Nord Oil International Inc. for a transaction estimated at approximately $500 million. The stock previously gained 1000% in April.
INSEQ Corporation (OTCBB:INSQ) saw a 25% gain in share price on Friday to close at $ 0.0059 after the company announced a reduction of its common shares outstanding by 3,000,000,000 shares from 4,948,173,844 to 1,948,173,844 shares outstanding.
All of the above companies received investor coverage from penny stock investment newsletters through last week.
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