CTON (OTCBB)
Calton, Inc. (CTON:OTCBB) gapped up and opened at .15 this morning printing a intrraday high of .30, more than a double from yesterday's close. 1000 penny stocks can find no explaination for the move since there has been no news from Calton, Inc. since an SEC filing was released on Dec. 20, 2007. Caution should be used by penny stock traders and investors before buying penny stocks that have unexplained moves such as this one. The potential for getting caught holding the bag increase 10 fold. It would be better to wait for news from the company to explain the sudden jump in stock price.
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