OTC Small Cap Penny Stocks Showing Increased Volume at the Close FNMA, TDCP, GLUU, IGXT, UXG From Undiscovered Equities.com
(EMAILWIRE.COM, July 13, 2011 ) West Palm Beach, Fla. Penny Stocks Closing on Strong Gains FNMA, TDCP, GLUU, IGXT, UXG as major indexes surged as much as 1.4 percent after Federal Reserve Chairman Bernanke said the central bank would keep open the possibility of new stimulus measures.

Market Internals

OTCBB Total Volume 863, 518, 211 Million, Advancing Issues 363 Declining Issues 426

Pick Sheets Total volume 2.3 Billion Shares, Advancing issues 2010 Declining issues 1099

1- Federal National Mortgage Association (FNMA.OB) close .35 advancing 2.94% on steadyvolume of 2.8 million shares exchanging hands at the close.

Fannie Mae traders and investors are keying in on a potential technical breakout above the key 50 day moving average in the short-term.

Federal National Mortgage Association (Fannie Mae) provides liquidity and stability support in the secondary mortgage market in the United States.

2-3D Icon Corporation (TDCP.OB) last trade .025 up 8.70% on exceptional volume of 13.9 million shares at the close of trade.

With a breakout in volume in today's trading TDCP traders and investors are focusing in on potential technical breakout above the 50 day moving average in the short-term.

3DIcon Corporation, a development stage company, focuses on developing and marketing full-color, 360-degree person-to-person holographic technology. The company also offers pixel precision, the digital micro-mirror device (DMD) control software for DMD application development markets.

3-Glu Mobile, Inc. (GLUU) close 5.55 jumping up 8% on surging volume of 8.5 million shares exchanging hands on the day.

GLUU traders and investors are keeping a very close eye on the psychological support level or 5.00 over the next several trading days.

Glu Mobile Inc. engages in the design, marketing, and sale of mobile games worldwide. The company’s games based on licensed intellectual property include Call of Duty, Deer Hunter, Diner Dash, Guitar Hero 5, Family Feud, Family Guy, The Price Is Right, Transformers, Wedding Dash, Who Wants to Be a Millionaire?, World Series of Poker, and Zuma; and games based on its own intellectual property comprise Beat It!, Bonsai Blast, Brain Genius, Glyder, Stranded, and Super K.O. Boxing.

4-IntelGenx Technologies Corp. (IGXT.OB) last trade .985 gaining 5.91% on increasing volume of 1 million shares at the close of trade.

IGXT traders and investors are watching very closely for a breakout above the psychological 1.00 level. A weekly close above this psychological level could produce another round of momentum buying in the short-term.

IntelGenx Technologies Corp., a drug delivery company, engages in the development oral immediate-release and controlled-release products for the pharmaceutical market. IGXT most recent 52-week high is 1.32.

5-US Gold Corporation (UXG) last 6.65 jumping 10% on better-than-average volume of 4.5 million shares.

UXG had a technical breakout above the 50 day a moving average early in the trading day. A weekly close above 6.80 would put it over the 200 day moving average in the short-term.

US Gold's objective is to qualify for inclusion in the S&P 500 by 2015. US Gold explores for gold and silver in the Americas and is advancing its El Gallo Project in Mexico and its Gold Bar Project in Nevada towards production.

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Undiscovered Equities, Inc.
Kevin McKnight

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