AS I write this, at least a dozen Unusual Market Activity (UMA) requests have been issued to various penny stocks, the most in any given month for as long as my memory serves.
The purpose of issuing the UMA is to ask such penny-stock counters such as textile producer Maxbiz Corp, technology provider GPRO Technologies, timber company Harvest Court Industries, plastic injection mould fabricator Sanichi Technologies, oil and gas firm Hibiscus Petroleum and consumer products trader Emico Holdings, whether material reasons exist for the steep increase in their prices and sudden surge in volume.