Penny Stocks for June 15th

The biggest volume penny stocks movers on the OTCBB today included:

Symbol Company Name
NEOM NEOMEDIA TECHNOLOGY
CBBD CHINA BROADBAND INC
ACTC ADVANCED CELL TECHNOLOGY INC
MDMN MEDINAH MINING INC
SPCK SUPERLINK INC
SFMI SILVER FALCON MINING INC CL A
ISCR INSTACARE CP
GBTR GLOBETRAC INC
SGGH FREMONT GENERAL CP
WDRP WANDERPORT CORP
CLNO CLEANTECH TRANSIT INC

TSX closes up 158 points

A strong close for Toronto stocks with the TSX closing up 158 points at 13097.

The leading stocks included Ivanhoe Mines (IVN:TSE) with a 5.40% move for the day.

Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company’s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The Company also has two subsidiaries, through which it holds interests in coal resource properties in Mongolia, and molybdenum, rhenium, copper, gold and uranium resource properties in Australia. Its subsidiary, SouthGobi Energy Resources Ltd. (SGQ), owns and operates the Ovoot Tolgoi Coal Project located in Mongolia. The Company’s subsidiary, Ivanhoe Australia Limited (Ivanhoe Australia), owns the Cloncurry Project located in Queensland, Australia. IVN also holds interests in several other mineral resource projects in Asia, including a 50% interest in the Kyzyl Shear Project, located in Kazakhstan, through a shareholding in Altynalmas Gold Ltd. (Altynalmas Gold).

ADAC hits a wall

In recent week, sub penny stock ADAC has gone from 0.004 to 0.016, a nice 400% gain. But nothing goes straight up, and when it comes to sub penny stocks, they fall much faster than they rise.

This held true today as ADAC plummeted -50% to 0.007. The run is done, the pump looks to be over, wrap it up and head home.