Dakota Plains Holdings, Inc. (OTCQB: DAKP) saw its share volume explode on June 16th with 777,263 shares exchanging hands, nine times higher than its three month daily average volume of 82,263 shares.
This recent surge in volume comes after Dakota Plains Holdings announced that its shares of common stock have been approved for listing on the NYSE MKT exchange and that trading is expected to commence on June 17, 2014. The Company's ticker will remain "DAKP" (NYSE: DAKP) and, upon listing its shares on the NYSE MKT, Dakota Plains will withdraw its shares from quotation on the OTCQB exchange.
"We have been focused on improving Dakota Plains’ business structure, strengthening its balance sheet and enhancing liquidity for stockholders, and today’s listing is a significant milestone in that process," said Craig McKenzie, Chairman and CEO of Dakota Plains. "Stepping up to a national exchange will heighten our profile in the capital markets and give us an important opportunity to broaden our stockholder base and increase daily trading liquidity."
"We welcome Dakota Plains Holdings to the NYSE MKT family of listed companies and look forward to having a long term partnership with them," said Scott Cutler, Executive Vice President, Global Listings at NYSE. "Dakota Plains Holdings will be joining other growth-oriented companies taking advantage of the NYSE’s advanced and innovative market model to offer a premier value for listing and trading their stocks."
DAKP closed the day at $2.45 on June 16th, 2% higher than its previous close of $2.40.
PennyPickAlerts.com is one of the most talked about stock newsletters in the world. To receive 100% FREE stock alerts that have incredible potential, sign up here:
Liquefied Natural Gas Ltd. Sees Spike In Share Volume
Liquefied Natural Gas Ltd. (OTCPINK: LNGLF) saw its share volume jump on June 16th with 1,269,694 shares exchanging hands, more than double its three month daily average volume of 562,581 shares.
With no recent news on the company, one could only speculate why this uptick in volume has been occurring, but here is what is known about the company:
Liquefied Natural Gas Limited is an ASX listed company (ASX:LNG) (US:LNGLY) whose portfolio consists of 100% ownership of the following assets:
- Magnolia LNG, LLC, a US-based wholly owned subsidiary, which is developing the Magnolia LNG Project an 8 mtpa LNG export terminal, in Lake Charles, Louisiana, USA;
- Gladstone LNG Pty Ltd, a wholly owned subsidiary, which is developing the Fisherman's Landing LNG (FLLNG) Project at the Port of Gladstone in Queensland, Australia; and
- LNG Technology Pty Ltd, a wholly owned subsidiary, which developed and owns the Company's OSMR(R) LNG liquefaction process, a mid-scale LNG business model that plans to deliver: lower capital operating costs; faster construction; and improved efficiency, relative to larger traditional LNG projects.
LNGLF closed the day at $1.88 on June 16th, 19% higher than its previous close of $1.58.
Lonestar Resources Ltd. Sees Share Volume Remain Strong
Lonestar Resources Ltd. (OTCQX: LNREF) saw its share volume continue its upward trend on June 16th with 1,625,142 shares exchanging hands, nearly triple its three month daily average volume of 608,518 shares.
Since being approved to trade on the OTCQX, Lonestar Resources has seen mostly steady trading and high share volume. More likely than not, this is due to the transparency OTCQX listed companies must abide by.
Here is a summary of what the company does:
Lonestar Resources, Ltd. is a leading independent oil and gas company involved in exploration, production, and acquisition of unconventional oil and gas reserves. Our company's growth is focused on the Crude Oil Window of the Eagle Ford Shale, where we anticipate spending 95% of our capital for the next several years on our leasehold that currently exceeds 23,000 net acres. Lonestar is also evaluating the resource potential of its 50,000-acre block in the Williston Basin.
LNREF closed the day at $.4148 on June 16th.
Pennypickalerts.com issues momentum alerts on stocks that can provide gains to day traders.
Pennypickalerts.com provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more.
Pennypickalerts.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals Pennypickalerts.com is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the Pennypickalerts.com newsletter and receiving alerts from a Pro-Active team of researchers. Pennypickalerts.com believes traders should have a chance at successfully trading penny stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.pennypickalerts.com
Pennypickalerts.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always own due diligence with any potential investment.