Stamford, CT -- (SBWIRE) -- 12/04/2013 -- Jet Life Penny Stocks is engaged in providing the most up to date and useful information on the Best Penny Stocks that are poised to breakout. Our penny stock newsletter alerts the market with picks that Wall Street stock traders have ignored or haven’t found out about yet. Here are some of the most awesome penny stocks we came up with that the ‘underground penny stock experts’ are always bragging about in their penny stock newsletters. Have a look on today’s market movers: FEDERAL NATL PFD T (OTCBB:FNMAT), SGD HOLDINGS LTD (OTCMKTS:SGDH), Profitable Developments Inc (OTCMKTS:PRDL), Octagon 88 Resources Inc (OTCMKTS:OCTX)
FEDERAL NATL PFD T (OTCBB:FNMAT) ended lower -0.11 percent from its previous close of $9.30 and complete the day at $9.29. The total number of shares changed hands during the day was 168,692. After opening at $9.17, the stock hit as high as $9.30. However, it traded between $1.60 and $10.50 over the last twelve months.
Stocks graphical chart shows a bullish trend during its last one month’s trading session. It remained positive 19.26% during the previous three months trade. Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support services in the secondary mortgage market in the United States. The company securitizes mortgage loans originated by lenders in the primary mortgage market into Fannie Mae mortgage-backed securities (Fannie Mae MBS). It operates in three segments: Single-Family Credit Guaranty, Multifamily, and Capital Markets.
Has FNMAT Found The Bottom and Ready To Move Up? Find Out Here
SGD HOLDINGS LTD (OTCMKTS:SGDH) closed yesterday at $0.0400, a +8.70% increase. Around 1.95 million shares were traded, beating an-average trading volume of 578,647 shares. The company is now valued at around $3.20 million. The stock opened the session at $0.04 and touched its highest price point at $0.04.
SGDH’s lowest price point for the session stood at $0.04 and its 52 week price range stood at $0.02 - $0.05. SGD Holdings, Ltd., through its subsidiary, Eco Paper, Inc., develops, markets, and sells paper and paper products from natural fibers. Its products include journals, paper reams, cover stock, art and sketch pads, envelopes, stationery and gifts, office and school products, and notebooks, as well as paper type products. SGD Holdings, Ltd. is headquartered in Ventura, California.
For How Long SGDH’s Gloss will Attract Investors? Find out via this report
Profitable Developments Inc (OTCMKTS:PRDL) moved -5.00 percent lower at $0.0019 and traded between $0.0016 and $0.0023 after opening the day at $0.002. Its performance over the last five days remained 58.33%, which stands at -52.5% for a month. Going back further than one month, 1-year performance after recent close was 1800%.
The company has a total market capitalization is $4200. Its beta value stands at -7.38 times. Profitable Developments, Inc. engages in the property development business in the United States. It is involved in the acquisition of financially distressed properties; the short and long term rental of properties; and the development of commercial property upon land which was sold due to financial distress.
Why Should Investors Buy PRDL After the Recent Fall? Just Go Here and Find Out
Octagon 88 Resources Inc (OTCMKTS:OCTX)’s shares dropped -5.05 percent from its previous close of $6.53 to close at $6.20. The stock is up around 1.47% this year and 96.83% for the last 12 months. Around 39,059 shares changed hands yesterday, higher from an-average trading volume of 24,732 shares. Octagon 88 Resources, Inc., a natural resource exploration stage company, is engaged in acquiring, exploring, and developing oil and gas assets in the United States and Canada. It holds interests in 73 sections of 46,720 acres of oil sands leases in the Manning area of northwestern Alberta. The company was founded in 2008 and is headquartered in Steinhausen, Switzerland.
Will OCTX Get Buyers Even After The Recent Rally? Find Out Here
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