Friday, June 5, 2009

Canadian Stock Alerts - June 5, 2009

Canadian Stock Alerts Update:

PREMIUM EXPLORATION INC - PEM.V @ .16 on 560,000 shares traded this morning

Not thrilled with this volume but PEM did open higher than yesterday's close and did hit .185 before the pullback. Being Friday, there maybe some pent up demand to not want to miss a possible late day rally/gap up or Monday morning gap. Approx 40 million shares outstanding.

10:55am --- Bid .15 Ask .16 ... keep an eye in case it starts to move. Remember the psychological price point threshold, it exists at .19 .. avoid getting stuck there.

This news has a few people excited this week:

"VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 3, 2009) - Premium Exploration, Inc. (TSX VENTURE: PEM.V) ("Premium" or the "Company") is pleased to announce final acceptance from the TSX Venture Exchange of its non-brokered private placement previously announced closed May 27th, 2009. The offering was oversubscribed by 1,739,000 units and Insiders were responsible for 1,440,000 shares, representing 21.37% of the placement."

Canadian Stock Alerts are updated throughout market hours

No comments:

Post a Comment