PRZOOM - /newswire/ -
New York, NY, United States, 2011/06/23 - After careful consideration of the end of day data, looking at both dollar volume and percentage gain, we have made a decision on the winning penny stock of the day.
102 emails were sorted, consolidate and added to the Rumble today.
The winner for the day is Shengdatech, Inc. (SDTH.PK)
Last Trade: $0.7300
Price changed: $0.2000
Percentage Gain: 37.74 %
Last Close: $0.5300
Volume: 1,921, 280
Estimated Dollar Volume: $1,402, 534.00
About Shengdatech, Inc. (SDTH.PK)
ShengdaTech, Inc. (ShengdaTech) is a Chinese manufacturer of specialty additives. The Company is engaged in developing, manufacturing and marketing nano precipitated calcium carbonate (NPCC) products. Its NPCC products are used as functional additives in a range of products due to their special chemical and physical attributes. The Company uses advanced processing technology to convert limestone into NPCC products, which are sold to its customers in the tire, polyvinyl chloride (PVC) building materials, ink, paint, latex, adhesive, paper and polyethylene (PE) industries. On December 11, 2009, the Company completed the acquisition of Anhui Chaodong Nanomaterials Science and Technology Co., Ltd. (Chaodong), a manufacturer of NPCC.
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