January 18, 2013 at 13:10 PM EST
Major Penny Stocks Decliners In Today’s Trading Session: (OTCQB: ZPPB), (OTCQB: VKML)
Major Penny Stocks Decliners In Today’s Trading Session: (OTCQB: ZPPB), (OTCQB: VKML)

Zippy Bags Inc. (OTCQB: ZPPB), a development-stage company focused on marketing snowboard carrying bags to snowboard stores and outdoor retailers in the Salt Lake City, Utah, has fallen sharply in mid-day trading today. At last check, ZPPB was down 29.60% to $0.195 on volume of 6.31 million, which is well above the daily average volume of 1.01 million.

ZPPB has fallen sharply today even as the company on Thursday announced the launch of its two newest products for the bicycling sports industry. Janet Somsen, the company’s CEO said that the products are innovatively designed to meet the needs of hardcore cyclists while they protect the bike from bug splatter, road grime and the weather, saving time and potential repair costs.

Find out what traders and investors need to do with ZPPB by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=ZPPB

 

Viking Minerals Inc. (OTCQB: VKML), a pre-exploration stage company focusing on the acquisition and development of gold, silver, copper and other metal properties, is another major loser on the OTC market in mid-day trading today. VKML has fallen sharply in trading today even as the company on Thursday announced that it completed the acquisition agreement for the Gold Mine in Northern California.

The mine includes 48 claims and is spread over an area of 950 acres. Despite the positive development, VKML has fallen 54.38% to $0.0250 on volume of 22.22 million, which is substantially above the daily average volume of 1.22 million. Despite the sharp decline in trading today, VKML has gained more than 200% in the last three trading sessions, thanks mainly to the huge rally on Thursday.

Find out what could be next for VKML by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=VKML

 

 

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SOURCE Investor Alley, Inc.

 

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