New York, NY -- (SBWIRE) -- 11/29/2012 -- Superior Venture Corp. (OTC:SVEN) is down sharply in mid-day trading today. At last check, SVEN was trading 12.69% lower at $0.285 on volume of 10.28 million. Despite the sharp decline today, SVEN has gained more than 190% in the last three trading sessions, thanks to the rally on Tuesday.
On Tuesday, SVEN surged more than 200% after the company made a major announcement. SVEN, which is engaged in the film making business, announced that it acquired Ilustrato Pictures Ltd. SVEN had not seen any trading activity, prior to Tuesday.
SVEN is down in trading today even as the company announced that Ilustrato signed development deal with successful Chinese film studio Hairun Pictures.
Find out when is the best moment to trade SVEN by reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SVEN
Dominican Republic-based junior mineral exploration company Santo Mining Corp. (OTC:SANP) is another big loser on the OTC market today. The stock is currently down 18.89% to $0.365 and has now fallen 27% in the last three trading sessions.
SANP has hit an all-time low of $0.33 in trading today. However, the volume activity suggests that the stock could see a rebound in the next few trading sessions. SANP could bounce back to $0.5, which is a stiff resistance level for the stock. If the stock breaks through this level then it has significant upside potential.
SANP is down sharply today even as the company recently announced that it acquired new claim.
Find out if SANP could bounce back reading the free trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=SANP
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Alexander K. Neumann
WALL STREET REPORT