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Tsunami 2011 Shocks to Buy Penny Stocks

Before this, anyone who buy penny stocks would follow the news of Libya unrest. Now we have terrible news since the natural disaster earthquake in Japan country 11th March 2011, with impact 8.9 magnitude is the main course of Tsunami.

The official death rises to about 2,800 people but the police chief of Miyagi prefecture has said that more than 10,000 people are estimated to have died in this province alone.

The worst earthquake and Tsunami make the stock markets down since investors response to this disasters too. The stock market plunged over the likelihood of huge losses by Japanese industries including Honda and Toyota.

Dow Jowns is down 51.24 points to 11,993.16, Nasdaq is down 14.64 points to 2,700.97, S&P is down 7.89 points to 1,296.39. Let's see stock in Japan. Japan's benchmark Nikkei 225 index fell 633.94 points to close at 9,620.49. This is the lowest level in 4 months.

Let’s explore in penny stocks world that traders are doing in 14th March 2011.

Net Savings Link, Inc. or (OTCBB:CXLT) is up to 30% at $0.72 with high of $0.76. They traded almost up to 12 million shares. CXLT are one of the most volatile penny stocks for a week right now.

Clean Power Concepts, Inc. or (PINK:CPOW) is trading up 29% in 14th March. Trade at $0.137 with high of $0.144.

Shares of Cyclone Power Technologies, Inc. or (PINK:CYPW) is up to 32% what over from 2.4 million shares. They traded at $0.45 in high of $0.48. It move up since when 8th March, They sign a letter of Understanding with TopLine Energy Systems.

Source: MIRROR.CO.UK, Penny Stock Classroom, Yahoo! Finance

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