Could Stocks Like ERF Wireless, Inc.(OTCBB:ERFB), Limitless Venture Group Inc(OTCMKTS:LVGI), and RADA Electronic Ind. Ltd.(NASDAQ:RADA) Emerge As Day Trading Options?
New York, NY – GDP INSIDER – 11/12/2014.
This article discusses three companies: ERF Wireless, Inc.(OTCBB:ERFB), Limitless Venture Group Inc(OTCMKTS:LVGI), and RADA Electronic Ind. Ltd.(NASDAQ:RADA)
ERF Wireless, Inc.(OTCBB:ERFB)announced on Nov. 5th that it had commenced with the repayment and termination of its convertible debt. Two days prior to the announcement, the Texas-based company received initial funding under a non-convertible funding program and commenced with repayment. The company, which has a market capitalization of $0.59 million, had a trading volume of 5.65 million yesterday. This figure is over six times greater than ERF’s three month average trading volume of 0.922 million.
Limitless Venture Group Inc(OTCMKTS:LVGI)announced yesterday that the DTCC had released its global lock on the book entry shares of LVGI, meaning all shareholders can now trade the company’s shares. As a result of the release, the company, like ERF Wireless, also saw its trading volume spike to new heights during yesterday’s trading. While Limitless Venture Group has a three month average volume of 0.54 million, the company, which has a market capitalization of $2.34 million, recorded a volume of 65.09 million yesterday.
RADA Electronic Ind. Ltd.(NASDAQ:RADA)is an Israel-based defense electronics contractors that develops and sells products to air forces and companies around the world. The stock has traded within a range of $1.26 to $6.29 over the past 52 weeks, yet finished yesterday’s trading at a closing price of $3.13 after a $0.48 gain. In lieu of this 18.11% increase, RADA Electronic Ind. Ltd. appears to be far away from its previous low trading price woes.
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