Well it looks like it might be time to bail on MAA.TO!  They announced the end of the exclusivity agreement with Sinohydro and no good deal on hand.  It’s interesting to note that apparently many Chinese companies are being accused of basically getting to know the inner workings of many companies then not investing but using the knowledge to further their own growth.  That sounds a little too conspiracy theory-ish to me.  I don’t believe that to be the case at all, but with MagIndustries I don’t suspect we’ll hear word in the near term.

MAA.TO – $0.58 – $0.52 (-10.34%).  Read more about this story here on the penny stocks blog
AEI.TO – $0.55 – $0.54 (-1.82%)

Two Penny stocks for tomorrow:
FWR.V – $0.76 – Has had a nice run since it was initially featured on the blog and is poised to be another 100%+ hit.
EIL.V – $0.085 – The market responded very favourably to the earnings release today.

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