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GETA, BGBR, HFGB, AVOE, MDIN, CHGI, VOIS, AMEL, NXWI, BLUG
Penny stocks ROCK! They are totally unpredictable and that is why they are so much fun! Truth be told, I love penny stocks because the potential for gain is so great.
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Genta Inc. (OTC: GETA) is up 12.35% to $0.101. The company has announced positive initial results from the first human use of a gallium-containing compound to treat serious infection. (OTC:GETA), ($GETA)
GETA is a stock that you need to watch. I really believe this latest dip was trader-driven and it looks like it could deliver some gains. It is just 6 cents above its 52-week low with a 52-week high of $1.26. Lots of real estate between where it is now and the high of last year. GETA might be on the road back!
Big Bear Mining Corp. (OTC: BGBR) is up 10.16% to $1.41. The company has announced a renowned geologist joined its board of directors. (OTC:BGBR), ($BGBR)
Not much there…this one will get propped up for awhile and then crack and fall. Good luck finding shares to short.
Huifeng Bio-Pharmaceutical Tech Inc. (OTC: HFGB) is up 1.94% to $1.05. The company has announced record Q4 and year end earnings. (OTC:HFGB), ($HFGB)
The stock is trading near its 52-week high, but the most recent news barely budged the stock. The announcement was in line with previous PR’s and the effect was already burned in IMO. However, HFGB is a highly profitable stock and is growing revenues at a fast clip.
Their uplisting will have a strong, positive effect on the stock. The question is when? Do you invest now hoping that the uplisting will drive shares up? Or, do you expect the stock to fall because it is so thinly traded? I am not sure that I trust HFGB right now. Watch it and see how it trades. They actually need to hire Investor Soup to get the word out on their company.
Avro Energy Inc. (OTC: AVOE) is up 35.48% to $0.200 on above-average volume. (OTC:AVOE), ($AVOE)
AVOE is bound to fall. The key for me is their update PR of a few days ago, ” As of today’s date, the Company is producing approximately 40 barrels of oil per day”. Even at the market price currently, that means that AVOE is bringing in about $3K per day (about a Million $/yr.). O.K.,but not that much to be impressed about.
Med Gen Inc. (OTC: MDIN) is up 100.00% to $0.0004 following news of a deal that gives its wholly-owned subsidiary the right to resell over $30 million in established franchise businesses. (OTC:MDIN), ($MDIN)
China Carbon Graphite Group Inc. (OTC: CHGI) is up 2.61% to $1.38. The company has announced its 2009 financial results; reaffirmed its FY 2010 earnings guidance. (OTC:CHGI), ($CHGI)
VOIS Inc. (OTC: VOIS) is up 44.44% to $0.0130 on above-average volume. (OTC:VOIS), ($VOIS)
Amerilithium Corp. (OTC: AMEL) is up 4.03% to $1.29 on higher volume. (OTC:AMEL), ($AMEL)
Nexaira Wireless Inc. (OTC: NXWI) is up 2.73% to $1.13. The company has announced its company information will be made available through Standard & Poor’s Market Access Program. (OTC:NXWI), ($NXWI)
Blugrass Energy Inc. (OTC: BLUG) is down 2.51% to $0.350. The company has acquired additional 3D seismic data from Perto Grande for an additional eight potential locations. (OTC:BLUG), ($BLUG)
$GETA, $BGBR, $HFGB, $AVOE, $MDIN, $CHGI, $VOIS, $AMEL, $NXWI, $BLUG
Good luck and good trading,
Jeffrey Dean
Editor
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