Shakerz And Moverz

SFRX – Seafarer Exploration has emerged from oblivion today as one of the biggest gainers on the OTC in Friday’s trading. What prompted the move is anyone’s guess but the stock is up over 80% in the last hour of trading. SFRX is a underwater salvage and exploration company specializing in recovering cargo from sunken ships from antiquity. In an attempt to explain the extreme increase in the company share price today, we have scoured the news wires and the company website looking for some indication to justify the move up which has yielded no results. The website does say they are waiting  for a permit to be renewed with the state of Florida to continue exploration operations off of Juno Beach, Florida of what they believe to be a sunken Spanish galleon.

Whatever the case, SFRX made a move today and should be on your radar. Part of being successful as a penny stock trader is the ability to spot sleeper stocks once they wake up. A continued move may or may not occur in the coming days only time will tell but it can’t hurt to watch the stock to see if the move today is a front run on pending news as we have all seen happen or just a flash in the pan.

FLPC – First Liberty Power Corp is making a powerful move up today bouncing off the recent 52 week low reached back in early April. FLPC did release news early in the trading session announcing increased investor interest in the lithium sector which may be the reason for today’s exceptional upward surge. The stock opened at .22 after a slight upward move yesterday which started out strong but met strong selling pressure going into yesterday’s close as can be see on Thursday’s candlestick. However, the selling opposition was not enough to thwart penny stock traders today which smelled a momentum play in the making.

After this morning’s opening at .22, FLPC built up momentum and reached a intraday high of .40 before some profit taking took place pushing the stock back to the mid .30’s going into the last hour of trading.  FLPC has a 52 week high of 1.07 and 52 week low of .15  as stated above. The three month average daily trading volume is 254,105 with today’s volume reaching above 2.3 million Friday afternoon. FLPC should be interesting to watch over the coming days if this excellent momentum trade continues to build steam.  FLPC has a 63% gain on the day so far.