Small-cap markets awash in AWSH, XSRAY seeks new peak, GCPL, IZON slump

Posted on Thursday, November 11th, 2010

American Wenshen Steel Group Inc. (OTCBB: AWSH) surged 19,300 percent in the first hours of Thursday’s trading to 97 cents, approaching a new 52-week high. Volume was a mere 100 shares, however.

Xstrata plc (Pink Sheets: XSRAY) proved one of the small cap markets most active issues early Thursday, its volume a whopping 1,327,098 shares. The stock picked up 3.87 percent in price to boot, surging to $4.56, approaching a new 52-week high.

Global Capital Partners, Inc. (Pink Sheets: GCPL) took it on the chin early Thursday, loosening 98.95 percent from its price to four-100ths of a cent, on only 100 shares. The stock has known a 52-week high of 3.8 cents.

InZon Corp. (Pink Sheets: IZON) fell in price Thursday by 95 percent to three-100ths of a cent on volume of 2,725 shares. The communications company, based in Delray Beach, Fla.., has seen a stock high of 10 cents during the last 52 weeks.

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