StockReports.net Issues Mid Day Update On Most Active Stocks For May 8th, 2012: SunPeaks Ventures, SEFE Inc., Domark International, Solar Energy Initiatives and Arena Pharmaceuticals
New York (PRWEB) May 08, 2012
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SunPeaks Ventures is experiencing another bad trading session as the stock fell 21.90% to $0.148 after reaching an all-time low of $0.148. The stock has fallen 92% from its 52 wk. high of $2.40 on April 18th , 2012. The stock had been among the hottest penny stocks the last two months
After the sharp fall many investors are questioning either to acquire cheap shares or exit the stock entirely.
Learn what the technical indicators are screaming about Sunpeaks Ventures' shares by The Free Trend Analysis Report here:
Solar Energy Initiatives is the biggest gainer and soared 216% to $0.120 as the company has signed a definitive agreement to purchase certain assets of a company focused in the digital Internet marketing space.
Solar Energy Initiatives, Inc. is a provider of solar solutions with three wholly owned subsidiaries focused on projects, solar education and distribution of solar products.
SEFE Incorporated is showing signs of slowing down as the stock has fallen over 70% from its recent peak. . The stock has been showing high volatility over the past one week as it reached a new high of $2.96, followed by 70% correction.
Investors are closely watching the stock wondering if this could be the bottom or if there is more down side. Find out what StockReports.net has learned about SEFE Incorporated by Reading the Free Trend Analysis Report.
Domark International Inc extended its rally and jumped 36% to $4.32 after hitting an all-time high of $4.71. The company’s shares have jumped over 240% over the past one week.
The stock was profiled by StockReports.net recently at $1.38, since then it has jumped over 230%.
Find out if there is more room for Domark International to move up or if an imminent retraction is pending by reading the Free Trend Analysis Report. http://Clicky.me/Domark
Arena Pharmaceuticals is up 17% as investors are hoping that the FDA will approve the company’s first new weight-loss drug in more than a decade. The FDA is scheduled to announce its outcome on Thursday May 10, 2012. Arena Pharmaceuticals has been a frequent pick on this watchlist the last two months following several positive FDA developments.
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