New York, NY – (NISMAGAZINE) –08/29/2013- Cordia Corp (OTCMKTS:CORG) rocketed up a massive 350% at $0.0900 after trading 4.66 million shares. The company claims to be a global telecommunications firm with operations in the United States, Brazil, Hong Kong, India, and the Philippines, generating its revenue from the provision of local and long distance services utilizing traditional wire-line and VoIP technologies to business, residential, and wholesale customers on both a prepaid and postpaid basis. No recent financial data is available on the company and OTCMarkets have placed a Skull-and-Bones sign on its quote page indicating Caveat Emptor (Buyer Beware). On the daily chart it is found that the stock was mostly dormant until the beginning of this month. However, increasing volumes started being traded with effect from August 23. The stock shot up from $0.01 to a high of $0.29 yesterday before a correction came about. Investors should be wary of trading this volatile stock.
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Liquidmetal Technologies Inc (OTCBB:LQMT) shot up 10.06% at $0.175 after trading 5.95 million shares. Yesterday, the stock set up a bullish engulfing pattern that contradicted the previous day’s evening star formation. It is crucial that the stock sustain its price above the sloping flag pattern it is trying to break out of. The stock could reach for $0.32 if it manages to break past $0.200. This appears to be a penny stock rising on its own steam, rather than manipulation by vested interests.
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