SGOG shines, INBG busy, MJWL slides

Sterling Oil & Gas Co (OTCBB: SGOG) went skyward in early Thursday trading, gaining 290.24 percent to 1.6 cents. Volume in this stock was 20,000 in the early going, compared to its full-day average of 24,749.

International Building Technologies Group Inc. (OTCBB: INBG) saw its shares fly off the shelves Thursday, trading in 52.77 million of them. Its price was flat, however, at three-100ths of a cent. INBG Tuesday announced that, pursuant to the signed Letter of Intent to buy FHH Sino New Energies Co., Ltd..

Majic Wheels Corp. (OTCBB: MJWL) spun its wheels soon after Thursday’s opening, losing 62.96 percent in price to one-10th of a cent. Volume was 45,000 shares, in contrast with 165,031, its daily average. MajicWheels purports to bring innovation to the industry of radio-controlled toy cars through its groundbreaking, patented climbing device technology.

Tags: consumer discretionary, Energy Stocks, INBG, Industrial Stocks, MJWL, otcbb, SGOG

This entry was posted on Thursday, December 9th, 2010 at 11:03 am by Glenn and is filed under Consumer Discretionary Stocks, Energy Stocks, Industrial Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.