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Saturday, January 28, 2012 12:38:54 PM
Shares of Penny Stocks Atrinsic Inc. (ATRN) are Rallying in Friday’s Session – Tech24
Shares of Atrinsic Inc. (PINK: ATRN) are seeing a huge rally in today’s trading. At last check, the penny stock of Atrinsic was trading 28.13% higher at $ 0.0615, with volume up from daily average of 22.59 million to 24.25 million. In the last three trading sessions, the stock gained 100.33%.
Atrinsic shares are soaring in today’s trading after the company said in a filing on Thursday that it completed the sale of certain short codes, domain names, trademarks and databases used in its subscription businesses to Mkono Media Corp. The sale follows an asset purchase agreement between the two companies. The transaction resulted in net cash proceeds of $ 615,000.
Atrinsic is a direct to consumer Internet marketing company engaged in the sale of entertainment and lifestyle subscription products.
http://www.uloveengine.com/2996/shares-of-penny-stocks-atrinsic-inc-atrn-are-rallying-in-fridays-session-tech24/
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