XDSL -Mphase Technologies posted a big gain today up 41% trading over 13.5 million shares. XDSL opened today’s session at .0059 never looking back closing at the high of .0079. Mphase has been in a sustained downtrend for the better part of the last year before reaching 52 week low of .0032 last month. Since the 52 week low was put in, the stock has traded marginally upward everyday until the explosive move today. Traders appear to have anticipated the stock was gaining momentum and jumped on board giving the XDSL it’s best day in the past year. Penny stock traders should continue to watch XDSL for possible further upside moves. Mphase is a tech company within the nanotechnology sector.