Business & Finance Stocks-Mutual-Funds

Bearish Movers Of Fridays Trade: Imng, Iweb, Hktu, Augt

Pennystock WatchmanIMING CORP (PINKSHEETS:IMNG) percentage change remained in the red as it slipped -16.50% to close at $0.630 with the total traded volume of 597,401 shares, as compared to average volume of 143,532 shares. IMNG remained within the day range of $0.60 $0.76. IMNGs total market capitalization remained $91,200. Its beta value stands at 1.95 points. The YTD trend of the stock was in the green as it moved up +10.53%, while its one-year performance was in the red as it plunged -83.42%.

IceWEB, Inc. (OTCBB:IWEB) has announced, according to comments of the companys Chief Financial Officer, Mark Lucky, new product offerings which address cloud security issues and the revenue model of IWEB. Mark Lucky commented that Icebox is a latest service provided by the Company that facilitates education, business and government organizations to make use of a private cloud to safely backup and share files inside their organization. IWEB dropped -6.00% and closed the session Friday at $0.0470. The volume of IWEB remained at 1.07 million shares.

Hokutou Holdings International Inc. (PINKSHEETS:HKTU) has announced that the company has entered into negotiations with three of the nutraceutical industrys top regional sales firms. HKTU expects to sign deals with at least two of the top three firms in the current month. HKTU plunged -22.73% to close the trading activity at $0.0340.The 3-month performance of the stock was in the red as it slipped -66%. On Friday, the stocks volume was 372,480 shares.

Augme Technologies Inc (OTCBB:AUGT) was also in bearish claws on Friday, as it moved down -0.67% to finish the trading day at $0.447. On Friday the stock started the trade at $0.45 and remained in the day range of $0.44 $0.46. The market capitalization of the stock remained $51.86 million shares. The stock was in bearish claws as it slipped -5.7% in its 5-day period and dropped -25.5% in its one-month performance. The 3-month trend was also in the red as it plunged -24.24%.

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