Something the Turmoil in Greece Hasn’t Effected
CORAL GABLES, FL / ACCESSWIRE / June 23, 2015 / The banking crisis in Greece has certainly weighed heavily on many sectors of the market. Though some speculators suspect that the country will be back in the euro and European Union by year’s end, there is still much more uncertainty surrounding the possible resolutions to remedy the situation. Despite this, there are certain segments of the market that have not been affected by this financial shortcoming and some are finding it from penny stock trades. The higher volatility and seemingly unaffected nature of these issuances tends to bring up consideration for those looking for a faster paced style of investing where small investments can turn into larger gains. Several of these penny stock seeing incrased activity and positive investor sentiment include U.S. Precious Metals (OTC: USPR), Enviro-Serv, Inc. (OTC: EVSV), and PositiveID Corp. (OTC: PSID). A general mix of favorable news and sheer market momentum have helped fuel some of the biggest gains for these penny stocks.
U.S. Precious Metals has actually been in somewhat of a bull trend since May. What started out originally as a consolidation period quickly reversed. Since hitting lows of $0.1110 on May first, shares of USPR have been on the comeback trail running back as much as 80%. Additionally, the general trading trend for this metals and mining stock has seen a price channel of $0.15-$0.20 for the last 30 days. US Precious Metals explores and develops precious and base metal properties in Mexico and owns exploration & exploitation rights to approximately 37,000 acres of land in Michoacán, Mexico. In a recent drill update, David Burney, USPR’s geologist stated, “We are seeing significant zones of mineralization with Bornite, Pyrite and Chalcopyrite clearly visible. This is indicative with what we have seen from our prior drilling campaigns and we are eagerly awaiting the assay results to confirm our observations.”
Enviro-Serv has also been somewhat of a comeback story. What was seen as a failed attempt for growth in 2014 has quickly changed to the face of victory after the Company announced that it had raised the full funding in order to close with Pestmaster Services ahead of the expected mid-July closing date. In recent press, EVSV CEO Chris Trina stated, “Despite falling short last year due to lack of funding, I feel vindicated by this new relationship. I have been able to deliver for the company and for our shareholders who have stood by us throughout this process.”
According to management Enviro-Serv will be closing on this agreement with the Pestmaster Franchise on or before June 30th. Launching into this endeavor earlier in the year, shares of EVSV have enjoyed significant increases in price from lows between $0.0001 and $0.0002 to highs of $0.0015 within the last 45 days.
The market for PositiveID Corp. has seen an increase in activity over recent weeks. The Company previously announced that it would be cross-marketing its biological detection and diagnostic solutions with another public company’s video surveillance and body worn camera technologies. William J. Caragol, Chairman and CEO of PositiveID stated, “Through collaborating with companies like [this] we accomplish two important goals: adding synergistic products and leveraging the sales channels of both companies to maximize our efforts and achieve better results.”
Since making the announcement, the share price for PSID has jumped from $0.016 to as high as $0.0399.
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SOURCE: Daily Stock Reporter
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