I got an email yesterday from one of my members (Jeff D.) asking me my opinion on what happened to Labopharm, Inc. (DDSS). Jeff was at a loss to explain why DDSS' shares dropped so preciptiously after getting FDA approval on one of their signature drugs. n some ways, so am I. Headlines like this one: Labopharm Receives FDA Approval For OLEPTRO(TM) usually means that a drug stock will rocket upwards. Not in DDSS' case. The stock lost 40% of its value in just a few days. Read full release here You can see from the chart here just what I am talking about: Stocks... »
Winning Brands is currently a penny stock that has flirted with sub-penny stock status very recently and then seemed like it was going to be dollar stock...all in the space of a few weeks.
As you will see in the accompanying chart, Winning Brands, Inc. (WNDB) has been on a roller coaster ride of late.
I would look for some more confirmation... »
What can you say about a team and a city that seemed to have "destiny" on its side like Drew Brees said? EVERYTHING!
The Saints won the Super Bowl with a classy, gutsy performances that defied expectations and did so in a very entertaining fashion. Drew Brees, the too-short QB with no big-game experience, was the team leader with "ice in... »
I am still hanging on to my list of "Usual Suspects" and continue to hold the following penny stocks and small cap stocks on my trading radar:
VIVK - I continue to hold this stock in my own portfolio and am still bullish on its prospects. The challenge this stock continues to have is to get anyone to care. Stock Charts... »
I released this pick on my Twitter site a few days ago and have followed it since. I didn't have time to do a blog on it until now. I think that the trend is ZAGG's friend once again.
ZAGG was one of last year's stock stars vaulting from $1.00 to almost $8.00. And, like most stars in the stock market,... »
My apologies to the movie Network, but I am really ticked at Kender Energy, Inc. (KNDR). Here is a company that seemingly had "the world on a string" and I believe has really let traders down. Right now, the company is at the mercy of the discussion boards and chat rooms. What do I mean " at the mercy of discussion boards and chat rooms"? It means that the company has, for all intents and purposes, disappeared. The last PR was December of '09. The PR before that was for the signing up of a distributor in one of the largest... »
I must admit that I am an alternative energy junkie. I love all things alternative: I love the almost infinite variety of wind, solar, biofuel, CO2 to gas technologies that are out there. Each one of them is exciting on its own merits and each has a claim to be "The One" that makes it to the next level. Could RZ be one of the winners? Raser Technologies, Inc. (RZ - NYSE) is (from RZ's website) an environmental energy technology company focused on geothermal power development and technology licensing. RZ has two divisions: Raser’s Power ... »
Friday's biggest price decliner on the NASDAQ was Yucheng Technologies Limited (YTEC). The only PR I could find was that the stock got downgraded from Market outperform to Market perform by Avondale, a research firm. The stock was trading for under $7.00 on Thursday at close. Friday saw a massive selloff and is now trading for roughly half that. A typical market overreaction? Maybe, but I thing that YTEC won't be down too long. Yucheng Technologies Limited (YTEC) describes itself as the "Leading IT Solutions Provider for the Chinese Financial Services Industry". Essentially, the company provides information technology (IT), software, solutions, and... »
I myself have trouble keeping track of all of the penny stocks and small cap stocks that I am watching, have blogged or issued alerts on. I am trying out a feature that will be a part of my site going forward (I hope). I want to list the stocks that I am following.... a watch list, per se. These are stocks that I think that traders should be aware of. Some continued to drop after I profiled them, but still present a good opportunity and other are on the "launching pad ready to take off" IMHO. Without further ado: VIVK -... »
When you have been an investor/trader as long as I have, you tend to create favorites. I have my favorites certainly, stocks like JDSU, LGDI, TASR and today's blog topic: American Oriental Bioengeneering, Inc. (AOB). I have been aware of AOB for years and have traded it/blogged it to great success. In fact, it was one of the first stocks that I blogged on this site. You can read my blog here. I was right about it then, as this chart would indicate. AOB was profiled around $4.25 and soared to $5.70 in about a week. I was right then....I wonder... »