Shares of Heartland Oil & Gas exploded in value this morning after the company released some promising news regarding its latest project. The price of company stock hit $0.021 (up from $0.015) on more than 75 million shares traded, marking its highest point since the second week of May.

The release pertained to successful pressure tests conducted on the company’s four-mile methane pipeline in Southeast Kansas, expected to double Heartland’s production in the region upon completion.

“We put the necessary pressure into the pipeline and found no leaks along its entire length,” said Augie Soto, COO of Aztec Well Services, Heartland’s contractor on the project, “The four road crossings and 2 creek crossings were our greatest concern and they held without any problems. The 8 inch main is tied into the 12 inch main and the pipeline is secure all the way to the sales meter. We will begin installation

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Monday the NASDAQ undercut its most recent rally attempt’s lows reseting our confirmation rally. Tuesday’s action failed to re-ignite a new rally attempt. Volume was on the light side as NASDAQ volume fell roughly 2% while on the NYSE we saw higher volume. This market continues its “no man’s land” path. Overall, this market does appear to be a bit oversold at the moment and good news is that we haven’t been able to accelerate to the downside. However, upside seems a bit LAME! Until a clear direction in this market is set, its best to step aside and let others waste their time. Times like these the greats would be having a vacation. The lack of interest from large institutional players leads to lackluster markets like we have here. So many stocks are breaking out and failing that it leads me to ...

on my radar, but these stocks look worth watching for upside today. PWRD reports earnings Monday before market open. CLNE and GA gapped lower...AVOID