Top 10 High Volume Penny Stocks that Promise Big Gain

High Volume Penny Stocks

Why do some investors prefer to deal exclusively with high volume penny stocks? Perhaps the answers stems from the nature of penny stocks; stocks priced under $5 are notorious for being thinly traded, highly volatile and being prone to scams of all sorts. To make the picture even less bright, very little financial information is available to the public regarding certain companies, especially penny stocks pink sheets or those traded over the counter. According to well-known penny stock advice, trading exclusively high volume penny stocks and/or NASDAQ and NYSE penny stocks almost always guarantees that there will be buyers for your stocks in case you need to sell fast. If a stock is thinly traded, chances are you will have to take a significant financial hit if you simply can’t sell a stock.

Let’s take a look at some of the recent high volume penny stocks as of May 29th, 2015, the date when the analysis was conducted.

1. Sirius XM Radio, Inc. (SIRI)
This stock is one of the leaders among high volume penny stocks. Recently as of May 29th, 2015 the stock accounted for 31,275,000 of contracts traded for the day, definitely one of the highest numbers among penny stock companies list. The company is engaged in a broadcasting market sector providing satellite radio services ranging in genres from music, news, sports and entertainment.

2. Transgenomics Inc. (TBIO)
This selection from the NASDAQ penny stocks list is trading at high volumes of 27,749,000 daily. It is a biotechnology company engaged in engineering and developing technologies for the early detection of cancers and hereditary diseases in cardiology and neurology.

3. CTI Biopharma Corp. (CTIC)
Boasting trading volumes of over 21,000,000, this biopharmaceuticals company specializes in developing and acquiring novel drugs for the treatment of various forms of cancer.

4. Graftech International Ltd. (GTI)
These high volume penny stocks displayed sweet daily volume tradings, which registered at the mark of 14,057,000. The Company is involved in graphite and carbon technologies and supplies the components for conductive power systems necessary for furnace applications.

5. Oncothyreon (ONTY)
With impressive trading volumes of 14,039,000, this biopharmaceutical company is working on developing a series of medication for the treatment of cancer.

6. Sprint Corp (S)
Sprint showed incredible daily trading’ volume of 13,280,000 and is also a well respected among penny stock companies in the US. This well-known company provides customers across the US with wireless telecommunication services including access to the Internet, messaging, e-mail services and photo sharing.

7. Zynga, Inc. (ZNGA)
This stock displays no less impressive volumes of contracts traded per day of 12,690,00. It is involved in a multimedia and software gaming industry developing social media games available on Facebook and other social network platforms.

8. ITT Educational Services (ESI)
These high volume penny stocks are trading at the levels of 11,772,000 per day, which is pretty good for small cap companies. This educational institution offers an array of postsecondary degrees ranging from Accounting, Finance, Criminal Justice to IT technologies and interior design to over 53,000 students today.

9. Frontline Ltd. (FRO)
As of May 29th, 2015, these penny stocks reached a rather high volume level for small cap companies of 10,966,000. This particular company offers marine transportation vessels for crude oil all over the world, namely Northern Europe, Caribbean, Middle East and Southeast Asia.

10. Prima Biomed Ltd. (PBMD)
Having reached 9,003,000 in daily exchanged stock contracts, this company is a clinical trial stage research company that works in the biotechnology field. It is currently working on ovarian and pancreatic cancer treatment in Australia.

You can find more related information about high volume penny stocks here.