Euro Zone Debt Crisis 3 & to Buy Penny Stocks

It seems people's fear in Euro Zone Debt Crisis is spreading more than before but some of penny stocks are going positive. Technology stocks (one of these is Oracle stocks (NASDAQ:ORCL)) fell into the red Friday, according to 2 major companies announced their earning reports, the market's pressure is harder.

Hardware sales of Oracle drop 6 percent. Besides, after Micron Technology Inc. announced the earnings of computer chips are lower, their stocks drop 14.5%. With this weak result make these companies consider about investing new technologies because of economic growth (such as in U.S.).

Let's see more info about this news and

penny stocks news for buying.

Besides, European banks are facing problem. After the opening session, Italian banks stocks fell on the Stock Exchange. It's possible that it might reduce credit ratings of 16 Italian banks and 2 national financial institutions in the coming weeks. Oh, too much for bad news.

In 24th Jun, The Dow Jones is down 1% to 11,934.58. S&P 500 index is down 1.2% to 1,268.45. The Nasdaq is down 1.3% to 2,652.89.

Back to penny stocks, buy them and gain profit is not easy work, but let's see penny stocks of this list.

Portage Resources Inc. (OTC:POTG) increased 37 percent on Friday after they announced positive due diligence results on their Wukakuy Properties.

Healthnostics, Inc. (OTC:HNSS) increased 130 percent at $0.0042 with the news that Healthnostics is in discussions to be acquired.

Integrated Healthcare Holdings Inc. (OTCBB:IHCH) increased more than 400 percent at $0.12.

Inolife Technologies, Inc. (OTC:INOL) increased 23 percent at $0.0016.

Source: Penny Stock Classroom, Today Hot News, Yahoo! Finance