Why These 3 Small Stocks Made Big Moves On Monday, Nov. 28

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.

Written by Sean Mason

1. Water treatment stock IWG Technologies Inc. (CVE:IWG) (IWRGF) powered 30% higher to $0.415 on Monday after announcing that it has agreed to be acquired by an investor group that includes BASE Equity Partners for $0.43 in per share in cash.

2. Shares of Tinkerine Studios Ltd. (CVE:TTD) (TKSTF) surged 129% to $0.08 as the manufacturer of 3D printers and software said its third-quarter revenue rose 78% to $826,960, while swinging to a profit of $243,755 in the quarter from a net loss of $138,589 during the same period last year.

3. Canada Energy Partners Inc. (CVE:CE) (CNDPF) reported that it has entered into an agreement with a major operator in northeast British Columbia to dispose of produced water, which the Company believes will generate net revenues in the next year of $700,000 to $1.9 million, depending on disposal volumes, operating costs, and well performance. Canada Energy Partners stock moved up 300% to $0.04.