{"id":4271,"date":"2014-04-02T09:15:08","date_gmt":"2014-04-02T09:15:08","guid":{"rendered":"\/?p=4271"},"modified":"2014-04-02T09:15:25","modified_gmt":"2014-04-02T09:15:25","slug":"kenergy-scientific-inc-otcmktsknsc-climbs-another-150-on-robust-volumes","status":"publish","type":"post","link":"\/articles\/kenergy-scientific-inc-otcmktsknsc-climbs-another-150-on-robust-volumes\/","title":{"rendered":"Kenergy Scientific, Inc. (OTCMKTS:KNSC) Climbs Another 150% on Robust Volumes"},"content":{"rendered":"

Kenergy Scientific, Inc. (OTCMKTS:KNSC<\/a>) discovered the sure-fire recipe to lift its slim volumes and stock price- and the trick worked immediately. KNSC<\/a> is now one of the newest and hottest marijuana stocks, and its low price allowed for amazing growth in those giddy initial days. On Monday, the ticker shot up by 150% to $0.0015, on dollar volumes a bit above $2 million. Amazingly, the news helped to move 1.5 billion shares on both Friday and Monday, livening up the company’s hefty share structure. And despite the early price drop on Monday, the ticker ended up with a strong gain, suggesting a deceptive intra-day volatility. \"KNSC0204.png\" <\/p>\n

With such a trigger, KNSC<\/a> may be in for more active days- and as a consequence, to expose more investors to the inherent risks of an exuberant gainer that is still selling at a faction of a penny. Like many other OTC pot stocks, KNSC<\/a> so far has only words and promises to offer when it comes to legal marijuana plans. Its link to the sector is to offer media and advertising services, through a China-based office.\"REVI0204.png\"<\/p>\n

Like many other sub-penny selections, KNSC<\/a> carries a lot of baggage in its balance sheet, despite the extraordinary gains in the last quarter:<\/p>\n