Penny Stock's Volume Buzz: Smack Sportswear (OTC:SMAK), Red Giant Entertainment (PINK:REDG), Independence Energy, BARISTAS COFFEE

Hamilton, HM -- (SBWIRE) -- 03/12/2013 -- PennyStockWatchMan.com is an investment community with a special focus on updating investors winning trading ideas, and issues Stock Alert on the stocks that run high. Today our focus is on following stocks, Smack Sportswear (OTC:SMAK), Red Giant Entertainment Inc (PINK:REDG), Independence Energy Corp(OTC:IDNG), BARISTAS COFFEE CO (PINK:BCCI)

Smack Sportswear(OTC:SMAK)jumped up+0.91% and closed at $0.111. So far in three months, the stock is down-76.87%. The 52-week range for the stock is $0.06 and $0.85, and during previous trading session stocks touched its highest price at $0.12. Its introductory price for the day was $0.09, with the overall traded volume of 2.97 million shares. SMACK Sportswear does not have significant operations. It intends to acquire Team Sports Superstore, Inc., which is involved in the volleyball apparel retailing activities.

What was the Moving Force behind SMAK On Bullish Run? Read This Research Report on SMAK

Red Giant Entertainment Inc(PINK:REDG)after opening its shares at the price of $0.09, dropped -8.89% to close at $0.0820 for the day. The stock movedon a traded volume of 7.96 million shares.

The 52-week range for the stock is $0.04 and $0.20, and during previous trading session stocks touched its highest price at $0.10. Its introductory price for the day was $0.07. Red Giant Entertainment, Inc. prints, publishes, and sells comic books. The company also publishes comic book format material on the Internet, as well as operates ComicGenesis.com, a user-generated comics website.

Has REDG Found The Bottom And Ready To Gain Momentum? Find Out Here

Independence Energy Corp(OTC:IDNG) remained a bear for the day as it reported the loss momentum of -9.91% and closed at $0.0200 after gaining total volume of 3.62 million shares.Its introductory price for the day was $0.02. So far the company’s stock is up +185.71% in three months period, in last 6 months of trade in reported a gain of +100%. Independence Energy Corp., an oil and gas company, engages in the exploration and production of oil and natural gas in the United States.

Has IDNG Found The Bottom and Ready To Move Up? Find Out Here

BARISTAS COFFEE CO (PINK:BCCI)reported thedecline of -3.60% and closed at $0.0482, stock's opening price was $ 0.05. The company has its total market capitalization is $11.87 million.

52-week price range of the stock remained $0.01 - $0.13, while during last trade its minimum price was $0.05 and it gained highest price of $0.06. Company's last 5 days shows an uptrend with an upsurgeof +183.53%. Baristas Coffee Company, Inc. operates as a drive through beverage retailer. The company offers hot and cold beverages, specializing in coffees, blended teas, and other custom drinks.

Will BCCI Get Buyers Even After The Recent Rally? Find Out Here

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