General Commentary

14
Sep

Shares of Fossil Inc. (NASDAQ: FOSL), a global designer, marketer and distributor of fashion accessories, are soaring in today’s trading.

At last check, FOSL shares were trading 9.08% higher at $91.63, with volume at 1.19 million. The stock touched an intra-day high of $91.88 in today’s trading.

FOSL today announced that Michael L. Kovar will retire as CFO in March 2013. Kovar had joined the company in March 2000 and became CFO in October 2000.

Kosta Kartsotis, chairman and CEO of Fossil, said that Koval has been an integral part of FOSL’s executive team. Kovar said that leading the finance function at FOSL has been wonderful experience for him, both personally and professionally.

Shares of Support.com Inc. (NASDAQ: SPRT), a provider of online care for the digital home and small business, are climbing in today’s trading.

At last check, the small cap stock of SPRT was trading 4.36% higher at $4.06, with volume up from daily average of 139,684 to 339,333. The stock touched a 52-week high of $4.45 in today’s trading. It has gained more than 23% in the last three trading sessions.

SPRT shares have been soaring after the company earlier this week announced that it achieved the Silver Midmarket Solution Provider Competency in the Microsoft Partner Network. The company said that achieving Silver Competency certification shows its expertise in providing critical solutions based on Microsoft technologies tailored to the unique needs of small and medium-sized businesses.

Shares of Home Depot Inc. (NYSE: HD), a home improvement retailer, are climbing in today’s trading.

At last check, HD shares were trading 2.09% higher at $59.52, with volume at 7.81 million. The stock rose to a 52-week high of $59.71 in today’s trading.

HD shares are gaining after the company today announced that it is closing its remaining seven big box stores in China as it shifts focus in the country to specialty stores and online offerings.

Frank Blake, chairman and CEO of Home Depot, said that closing stores is always a difficult decision and the company is thankful for the dedicated service of its store associates in China and wishes them all the best during this transition. Blake further said that the company has learned a great deal over the last six years in China, and the company’s new approach leverages that experience and reflects its continuing interest in providing value to Chinese customers as well as its shareholders.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Shares of London Pacific & Partners Inc. (PINK: LDPP), an international private equity and corporate finance investor and advisor focused on transformation of undervalued and growth companies in healthcare, hospitality, and financial services sectors, are seeing a huge rally in today’s trading.

At last check, the penny stock of LDPP was trading 108.57% higher at $0.0073, with volume up from daily average of 14,040 to 8.74 million. The stock gained 157.14% in the last three trading sessions.

LDPP shares are soaring despite there being no recent news or development related to the company.

Back in April this year, LDPP announced its financial results for the year ended December 31, 2011. For 2011, the company generated net revenue of $1.134 million, representing an increase of 55% over the previous year. The increase was due to successful development of the company’s broker-dealer subsidiary, London & Pacific Capital Advisors LLC.

For the year ended December 31, 2011, the company generated a loss of $219,363, compared to a loss of $1.15 million reported for the previous year.

LDPP’s salary, consulting and professional fees fell from $1.27 million in 2010 to $940,317 in 2011. The 26% decrease was due to the absence of the significant costs incurred in 2010 in pursuit of the acquisition of Santos Administracao e Participacoes S.A., a regional healthcare system in Sao Paulo, Brazil.

The company also announced its recapitalization in April, which was accomplished through the contribution from its management team of $210,000 in cash and forgiveness of debts owed to individuals by the company.

LDPP’s Board of Directors also elected Eric J. Weissman as a Board member. Weissman successfully led London & Pacific Capital Advisors LLC since its inception with considerable talent and ability, the company noted. LDPP said that it plans to integrate Weissman’s efforts into its exploration of one or more LPP as principal projects for the company with the aim to create additional value for shareholders.

Category : General Commentary | Blog Bookmark and Share
14
Sep

The share price of Fannie Mae (OTCBB: FNMA), a government-sponsored enterprise providing liquidity and stability in the secondary mortgage market, increases in Friday’s mid-day session.

The stock has been trading so far in the range of $0.2730 and $0.2849. It had opened today at $0.2790 and at the last check, it was trading at $0.2835 which was a slight 4.23% increase from its previous day close of $0.2720. FNMA had been between $0.19 and $0.4050 in the previous 52 weeks. The company’s total market cap stood at $1633.40 million and recorded earnings per share of $-1.77.

FNMA opened today at a price slightly above its previous day close price but dropped quickly to intraday low of $0.2730 within few minutes of market open. Then it reached its intraday high of $0.2849 and stabilized at $0.2830 by the mid half of the day. It has been very volatile so far for the day.

FNMA traded quite heavily so far for the day with the trading volume of 5.78 million compared to its average 5-day volume of 3.57 million shares and its daily average volume of 4.96 million shares.

Federal Housing Finance Agency report had recently increased scrutiny procedures even for defaulted loans already owned by GSEs. Now Fannie Mae closely monitors for potential defects, pick and verify samples within 3 months of purchase instead of waiting until borrowers default.

Fannie Mae along with Freddie Mac had recently announced their guidance towards the program, “Keep Your Home California and Other States Fund”. This program is part of the Obama administration’s Hardest Hit Fund initiative, which uses federal funds from the 2008 Wall Street bailout to help borrowers at risk of foreclosure. It allows the financially stressed borrowers to reduce their mortgage principal amounts by using Taxpayer funds.

Under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program, it had recently priced its seventh Multifamily DUS REMIC in 2012 totaling $700 million backed by floating rate collateral.

As per the latest released quarterly results for the period ending June 2012, the company showed continuous improvement in its financial position; its operating income increased by 277% to $5.2 billion and net income was at $5.1 billion. Its total assets were worth $3195.6 billion including $24.73 billion worth of cash and its equivalents.  Total liabilities were $3192.85 billion, among which over 99% was long term. It also paid its 2nd quarter dividend of $2.9 billion to the Department of Treasury.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Pristine Solutions Inc. (OTC: PRTN) stock is currently trading at $0.41, up 3.77 percent from its previous close of $0.40. The stock opened the session at $0.41 and touched its highest price point at $0.42. PRTN stock’s lowest price point for the session stood at $0.395. Its latest trading volume has been recorded at 2.003 million shares, in contrast to the average daily trading volume of 18.99 million shares. The company’s market capitalization stands at $165.11 million. PRTN stock is currently trading at level to its short term 20 days moving average price and its long term 50 days moving average price of $0.41.

PRTN did not report any revenue for the quarter ended on April 30, 2012. The company incurred operating loss of $10,000 for the said quarter and it had $4,000 in cash and cash equivalents as on April 30, 2012. The company’s total current assets stood at $11,000. PRTN reported its Accounts Payable at $16,000 and its current debt stood at $38,000. The company reproved its total shareholder equity at -$38,000 as on the end of the quarter.

The company recently acquired Eaton Scientific Systems Ltd. With this acquisition, the company has set foot in women’s health and drug market. Michael Borkowski, President and CEO of Eaton said, “We look forward to building market awareness and acceptance of Tropine 3 throughout the women’s health care sector in hopes of improving the lives of the over 50 million women in America.” Eaton Scientific Systems now carries out its operations as the fully owned subsidiary of PRTN. It has developed a novel indication for Homatropine. The drug is meant to be used for treating hot flashes in women.

PRTN is involved in the business of developing sales network for tankless water heaters. The company also holds license to female health products through its wholly owned subsidiary Eaton Scientific Systems. The company markets its products to corporate clients, retail clients, builders, governments and contractors. PRTN is a development stage company and it was formed in 2009. The company is based out of Trelawny in Jamaica.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Eastman Kodak Co. (OTC: EKDKQ) is trading in the range of $0.1850 and $0.224 during Friday’s trading session. The stock opened at $0.22 and is trading at $0.1990, down 8.29 percent from its previous close of $0.22. EKDKQ recorded the volume of 6.2745 million shares. Its average daily trading volume stands at 3.883 million shares. The company stock has traded in the range of $0.14 and $2.90 during its past 52 weeks. EKDKQ has market capitalization of $54.10 million and it reported its latest Earnings per Share at -$3.71. The company has 271.86 million shares outstanding and 8 percent of its share capital is owned by institutional investors. The company stock is trading above both the short term 20 days moving price of $0.19 and long term 50 days moving average price of $0.20. EKDKQ stock has beta of 1.73.

EKDKQ Company is planning to cease its patent auction plans. The company was looking to reduce its debts by selling its portfolio of patents. However, the portfolio failed to draw expected level of bidding. The company is now looking to set up a new vehicle in the form of new licensing company. EKDKQ Company had tentatively valued its portfolio of 1,100 patents at about $2.6 billion. In a filing made with Bankruptcy court, the company said that they “are continuing to explore other alternatives with respect to the digital imaging patent assets, and their intellectual property more broadly, and may not reach acceptable terms with parties via the auction process.”

EKDKQ Company also entered into collaboration with ReaderLink and On Demand Books for the purpose of retail imaging solutions. The collaboration will come up with new ways to market and produce printed books.

EKDKQ Company is involved in the business of consumer graphic communication, photofinishing and digital imaging. The company had divided its business into various divisions including Consumer Digital Imaging Group and Graphic Communication Group. EKDKQ Company offers various products and services such as event imaging services, professional output systems and photochemicals. The company was formed in 1880 and is currently undergoing reorganization under Chapter 11. EKDKQ Company is based out of Rochester in New York.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Shares of Analogic Corp. (NASDAQ: ALOG), a technology company engaged in the design and manufacturing of advanced medical imaging and security systems and subsystems sold to OEMs and end users primarily in the healthcare and airport security markets, are soaring in today’s trading.

At last check, ALOG shares were trading 12.14% higher at $77.60, with volume at 22,609. The stock touched a 52-week high of $78.19 in today’s trading.

ALOG shares are soaring in today’s trading after the company announced its financial results for the fourth quarter and fiscal year ended July 31, 2012.

For the fourth quarter, ALOG reported revenue of $151 million, representing an increase of 12% over the same period in the previous year. The company’s GAAP operating margin for the quarter was 11%. ALOG reported GAAP earnings of $0.96 per share for the quarter, up 113% over the same period in the previous year. On a non-GAAP basis, ALOG’s earnings for the quarter were $1.32 per share, up 59% over the same period in the previous year.

Shares of Skullcandy Inc. (NASDAQ: SKUL), a developer and distributor of headphones and other audio accessories to retailers throughout the U.S. and to distributors in various countries worldwide, are climbing in today’s trading.

At last check, the small cap stock of SKUL was trading 2.94% higher at $12.27, with volume at 16,317. The stock touched an intra-day high of $12.70 in today’s trading.

SKUL shares are rebounding after falling sharply in Thursday’s trading session. The stock fell after a rating downgrade from analysts at Morgan Stanley.

Morgan Stanley analysts downgraded SKUL to an Equal Weight rating.

Shares of Western Digital Corp. (NASDAQ: WDC), a provider of solutions for the collection, storage, management, protection and use of digital content, including audio and video, are climbing in today’s trading.

At last check, WDC shares were trading 0.12% higher at $42.63, with volume at 589,818. The stock touched an intra-day high of $44.30 in today’s trading.

WDC shares are gaining even as the company lowered its revenue outlook for the quarter ended September 28, 2012. WDC said that it expects revenue to be between $3.9 billion and $4 billion in the September quarter, compared with previous guidance range of $4.2 billion $4.3 billion. The company, however, reaffirmed its non-GAAP earnings per share target of $10 for the fiscal year ending June 28, 2013.

WDC also announced a capital allocation plan that includes the adoption by its Board of Directors of a cash dividend policy and an increased authorization of $1.5 billion under its share repurchase program.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Shares of CompuCredit Holdings Corp. (NASDAQ: CCRT), a provider of various credit and related financial services and products to or associated with the financially underserved consumer credit market, plunged in Thursday’s trading session.

The small-cap stock of CCRT ended the day 28.83% lower at $4.37. The stock touched an intra-day low of $4.19 in Thursday’s trading session.

CCRT shares plunged after the company announced preliminary results of its cash tender offer to purchase up to 8,250,000 shares of its common stock, no par value per share, at a purchase price of $10 per share. The tender offer expired at 11.59 PM, EST on September 12, 2012.

CCRT said that as of expiration date, 23,229,491 shares of common stock were validly tendered and not withdrawn in the tender offer, which includes 3,213,680 shares tendered through notice of guaranteed delivery. Based on this, CCRT expects to accept for payment 8,250,000 shares of common stock at a purchase price of $10 per share, for a total cost of around $82.5 million.

The tender offer was announced by the company last month.

Last month, CCRT also announced the sale of its charged-off debt buying operations, Jefferson Capital to Flexpoint Fund II L.P. for $130.5 million, of which $10.8 million will be received by CCRT if certain performance targets are met by December 31, 2014.

David G. Hanna, Chairman and CEO of CompuCredit, said last month that he is very pleased with the terms of agreement as it provides the company a very favorable return on its Jefferson Capital investment as well as capital that can be used for expansion of CCRT’s point-of-sale retail customer lending platform, auto lending platform and other businesses with long-term growth potential that provide attractive returns. Hanna added that CCRT is actively exploring other uses of the capital generated by the sale, including stock buybacks and dividends.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Shares of Neuralstem Inc. (AMEX: CUR), a biotechnology company engaged in the development and commercialization of treatments for central nervous system disease based on transplanting human neural stem cells and small molecule drugs, surged in Thursday’s trading session.

The penny stock of CUR ended the day 38% higher at $1.38. The stock hit a 52-week high of $1.96 in Thursday’s trading session. CUR shares have pared some of the gains in pre-market trading today. At last check, the penny stock was down 16.67% to $1.15 in pre-market trading today.

On Thursday, CUR announced pricing of a registered direct offering of 7,000,000 shares of its common stock at $1 per share. The offering is expected to close on or about September 19, 2012, subject to customary closing conditions.

CUR plans to use the net proceeds from the offering for general corporate purposes, including research and development expenditures, working capital, capital expenditures and clinical trial expenditures.

CUR also announced on Thursday that its neural stem cells were part of a study that was published online in CELL, a leading scientific journal. The study involved rats with surgically transected spinal cords, which rendered them permanently and completely paraplegic. During the study, the rats were transplanted with CUR’s spinal cord stem cells (NSI-566). The study results showed that following the transplant, the animals recovered significant locomotor function and regained movement in all lower extremity joints. The transplanted neural stem cells also turned into neurons, which grew a remarkable number of axons that extended for very long distances over 17 spinal segments.

Additional study showed that re-transecting the spinal cord immediately above the graft abolished the functional gain. The study suggests that the regeneration of host axons into the human stem cell graft was responsible for the functional recovery.

The neural stem cells used in the study are the same cells that were used in the recently completely Phase 1 clinical trial for the treatment of amyotrophic lateral sclerosis (ALS), said the company.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Southridge Enterprises Inc. (OTC: SRGE) traded in the range of $0.0022 and $0.0053 during Thursday’s trading session. The stock closed at $0.0025, down 43.18 percent from its previous close. SRGE recorded the volume of 104.974 million shares. Its average daily trading volume stands at 32.25 million shares. The company stock has traded in the range of $0.00 and $0.01 during its past 52 weeks. SRGE has market capitalization of $2.11 million. The company has 843.08 million shares outstanding in the market. SRGE stock has beta of -14.22.

SRGE reported that it has started its new drilling program at Gran Cabrera Gold and Silver mining properties. The new program included drilling to explore up to 50,000 meter. Michael Davies, CEO of SRGE said, “This is an extraordinarily large and prospective property package. We believe Gran Cabrera will ultimately yield multiple high-end bonanza grade discoveries.”

The company is planning to expand its production facilities in Cinco Minas Mill, located in Mexico. The company will increase its production capacity from 60 tons per day to 500 tons per day. The company CEO said, “The goal moving forward is to bring the Company’s shareholders added value by increasing revenues, using economies of scale to reduce costs and expand our mineral resources through exploration.”

SRGE also reported its fourth quarter financial results. Its revenue for the quarter was at $3.14 million. Michael Davies, CEO of Southridge Enterprises said, “Today’s announcement of our record revenues clearly shows our undeniable success in making the Company’s goals a reality.” Equity research firm has set the company’s stock price target at $0.20.

SRGE is involved in the business of acquiring, exploring and developing gold and silver mines. The company is mainly operational in Mexico and operates through its subsidiaries Southridge Minerals Inc. the company also has 100 percent stake in the Cinco Minas property. This property is spread over an area of 10,750 hectares and is located in the city of Guadalajara. SRGE also holds an option to acquire 40 percent interest in Esperanza property in Jalisco. The company is based out of Dallas in Texas and was established in 2004.

Category : General Commentary | Blog Bookmark and Share
14
Sep

Graystone Company Inc. (OTC: GYST) stock closed Thursday’s trading session at $0.0103, down 18.25 percent from its previous close. GYST latest trading volume is at 50.96 million shares, in contrast to the average daily trading volume of 15.83 million shares. The company’s market capitalization stands at $1.90 million. GYST reported its latest Earnings per Share at -$5.04.

The company has 184.24 million shares outstanding in the market. GYST stock is currently trading above its short term 20-days moving average price and its long term 50-days moving average price of $0.01.

GYST scheduled a trip for its shareholders to visit it mines in Peru. The visit will take place in November this year. The shareholders will accompany the company CEO and will given a tour of the company’s properties in the country. The company also reported record sale for the month of August. Paul Howarth, the CEO of the company said, “In fact, the retail division has grown faster than we expected – we sold more gold and silver in August then the rest of the year combined and we look forward to continued growth the rest of the year.” Its retail sales during the month increased 341 percent.

GYST will hold its shareholders meeting on October 1, 2012. The meeting will be held in California. The company is not expected to put any matter for voting. However, it will update the stockholders about the future course of action of the company.

The GYST Inc. is engaged in the business of mining precious metals including gold and silver. The company also carries out various other business activities such providing strategic and financial consultancy services. The GYST is mainly operational in Peru.  It also has real estate related business in the United States. The company carries out these businesses through its subsidiaries. The GYST was formed in 2010. It is based out of New York.

Category : General Commentary | Blog Bookmark and Share
14
Sep

The stock of Bebida Beverage Co. (OTCPK: BBDA) closed at $0.0111, which was a 6.72% down from its previous close of $0.0119. It opened at $0.0119 and was trading in the range of $0.0110 and $0.0120. BBDA had been between $0.0003 and $0.0199 in the previous 52 weeks. The company’s total market cap stands at $0.01 million.

The stock opened Thursday at a price equal to its previous day close price but dropped quickly to $0.0117 within few minutes of market open. Then it became very volatile and stabilized around $0.0116 by the mid half of the session. Later in the afternoon, it continued to remain volatile and decreased further down to its intraday low of $$0.0110 and closed at $0.0111.

BBDA reached its 52-week high at $0.02 on Aug 20 and decreased steeply. But it is currently trading much above its 52-week low price of $0.0003.

BBDA also traded lightly for the day with the trading volume of 26.34 million shares, compared to its average 5-day volume of 31.18 million shares and its daily volume of 101.66 million shares.

The company’s CEO, Brian Weber appeared recently on Stock Traders Talk to illustrate about its recent corporate developments and its expansion plan for the rest of the year. He believed that the press release would bring in positive environment in the market after few weeks of continuous fall.

The company is establishing itself with many ongoing projects. One among them is the first brand extension of Koma Unwind, “Retreat Kola” in the last quarter of this year. It also works on its Euro-Asia-Australia expansion and its Walmart Roll out in South Carolina.

BBDA recently signed an alliance with E-Z Shop Convenience Stores to distribute its popular liquid relaxation drink, Koma Unwind in their 28 stores throughout eastern South Carolina. This brings in more visibility to the product.

BBDA also entered into a distribution partnership with reputed beverage distributors, Mcleod Inc and Amagra LLC to open up its market to over 12 million people in Philadelphia, Delaware, Bucks counties in Pennsylvania, parts of San Jose, Alameda County and Sacremento.

According to management, the company has evolved so much since its inception as Renovo Holdings in 2003.  It is currently working on increasing the staff base and expanding its production capacity with regard to the increase in the demand for its products.

Category : General Commentary | Blog Bookmark and Share
14
Sep

The share prices of Chimera Energy Corp. (OTCBB: CHMR), a Texas based company that supplies equipment and components used in the exploration and production of oil and gas, increases in Thursday’s session.

The stock closed at $0.60, which is a 1.30% increase from its previous close of $0.5923. It opened at $0.65 and was trading in the range of $0.54 and $0.66. CHMR had been between $0.1375 and $2.0 in the previous 52 weeks. The company’s total market cap stands at $39.60 million.

CHMR opened Thursday at a price much above its previous day close price but dropped quickly to $0.6110 within few minutes of market open. Then it decreased further and was trading volatile till it stabilized around $0.55 by the mid half of the session. Later in the afternoon, CHMR continued to remain volatile and closed a little above its previous day close  price at $0.6.

The stock went up to its 52-week high at $1.84 on August 10 and then started deteriorating much below $1.0. But it is still well above its 52 week low of $0.1375.

It had also been traded quite heavily with the trading volume of 1.22 million shares compared to its average 5 day volume of 0.69 million shares and its daily average volume of 1.05 million shares.

After having collaborated with PEMEX, a large petroleum company in Latin America, CHMR is taking all the best efforts to utilize its three wells for carrying out the Non Hydraulic extraction process on a large scale. CHMR is on its final 90-day schedule to launch its first deployment at one of the largest hydrocarbon reserve in Mexico.

Its Consultant Weis S.A is engaged Alta Maquinaria SA de CV in Poza Rica for final fabrications and assembly of the main equipment to be used for Non-Hydraulic Shale Oil Extraction.

Chimera’s new technology which extracts the shale oil without the use of water is designed in such a way that it replaces the conventional hydraulic extraction system without negative environmental hazards. Also, it does not use steam, LPG gel, natural gas or the pumping of anything hot into the well being used.

After France had banned the shale oil extraction due to its negative impacts, Charles Grob, president of CHMR decided to make a presentation about its revolutionary technology and its safety to the ground water.

Category : General Commentary | Blog Bookmark and Share
12
Jul

Shares of Premier Holding Corp. (OTC: PRHL), an energy service provider and integrator of clean energy solutions, tumbled in Wednesday’s trading session.

The penny stock of PRHL ended the day 36.05% lower at $0.550, with volume up from daily average of 35,314 to 1.30 million. The stock touched an intra-day low of $0.45 on Wednesday. It has fallen more than 49% in the last three trading sessions.

PRHL shares have tumbled this week even as the company made some major announcements.

Earlier this week, Premier Holding announced that its wholly-owned subsidiary, WEPOWER Ecolutions Inc., signed a sales and marketing agreement with The Power Company USA under which Power Company will provide WEPOWER with new sales leads from its existing client base for potential new green buildings products and green services clients.

Power Company, which operates with twelve U.S. deregulated energy states, has some large-scale clients. Kevin Donovan, CEO of WEPOWER Ecolutions, said this week that this is an exciting and natural business alignment for the company. Donovan said that the agreement allows WEPOWER to potentially gain a very large volume of new clients and projects from nationally recognized accounts for the sales of its green building products and service.

WEPOWER, which is based in Los Angeles area, provides renewable energy production, and energy efficiency products and services. Premier Holding provides WEPOWER with financial and management expertise. PRHL also plans to acquire clean technology companies and/or green products and services. The company is specifically interested in businesses that are accretive and can be integrated into WEPOWER. PRHL, this week, announced the acquisition of one such business.

Premier Holding on Wednesday announced the signing of a Letter of Intent (LOI) through WEPOWER to acquire an equity position in Skybridge Solar LLC, a utility-scale, solar power plant developer located in Southern California. Skybridge is currently engaged in the development of four early-stage projects in three states with a total potential capacity of nearly 400 MW. PRHL plans to acquire an equity stake of between 30% and 45% in Skybridge.

Category : General Commentary | Blog Bookmark and Share
18
Jun

Shares of South American Gold Corp. (OTC: SAGD), an exploration stage company engaged in the assessment, acquisition and exploration of mineral properties, tumbled in Friday’s trading session.

The penny stock of SAGD ended the day 25% lower at $0.0057, with volume up from daily average of 846,556 to 37.03 million. The stock fell 94.3% in the last three trading sessions.

According to a 10Q filing made by SAGD last month, the company has not generated any revenue since its inception. During the quarter ended March 31, 2012, SAGD incurred operating expenses of $143,826. The company’s exploration costs for the quarter were $42,318.

Category : General Commentary | Blog Bookmark and Share
13
Jun

Shares of LuxeYard Inc. (PINK: LUXR), a members-only flash sale site for luxury home furnishings, décor and fashion, rose in Tuesday’s trading session. The penny stock of LUXR ended 2.58% higher at $1.59. The stock gained 27.2% in the last three trading sessions.

LuxeYard recently announced that it boosted its global presence with expansion to India. According to CEO Braden Richter, India is one of the fastest growing e-commerce in the world, where rising consumer spending power and demand for luxury goods will combine to help LUXR achieve its revenue goals and business objectives.

LUXR entered into an exclusive licensing deal with Sashi Chimala, an Indian entrepreneur. Under the terms of the agreement, Chimala will establish LuxeYard India.

Category : General Commentary | Blog Bookmark and Share
12
Jun

Shares of Great Wall Builders Ltd. (OTC: GWBU), owner of exclusive manufacturing and distribution rights to the Start FEED technology, fell in Monday’s trading session. The penny stock of GWBU ended the day 0.61% lower at $1.62, with volume at 3 million. The stock gained 4.55% in the last three trading sessions.

Great Wall Builders on Monday announced that that it has been certified for its ability to reduce tailpipe emissions by DEKRA Automotive.

DEKRA is one of the two major vehicle certification providers in Europe. It is based in Germany and operates in 27 countries through 166 subsidiaries and associated companies. DEKRA said that fitting a vehicle with Start FEED unit typically improves tailpipe emissions by 2 classes under the Euro standard ranking system.

Category : General Commentary | Blog Bookmark and Share
11
Jun

SMA Alliance Inc. (OTCBB: SMAA) announced that it has signed an exclusive contract with regard to its lead generation software. This renewable contract will last for a year. SMA Alliance has inked the deal with the Credit Union Dealer Network. The Dealer Network will use the software for advertising its existing and perspective clients. SMA Alliance expects to receive up to $1.1 million in revenue from this contract.

SMA Alliance also reported that pursuant to this new contract, the company has appointed William Moore to facilitate its interaction with Dealers Network. Mr. Moore will aid the process of implementing and transiting to SMA’s lead generation program.

SMA Alliance is a software company focusing on marketing and advertising programs. The company specializes in Internet based lead generation programs. The company also offers various other services such as generating credit filter leads, automotive credit leads and phone based training. SMA Alliance caters to various segments including automobile industry, government sector and real estate. SMA Alliance is based out of Nashville in Tennessee.

At last check, SMA Alliance stock is trading 20% higher at $0.240. The stock ended Friday’s trading session at $0.20. The stock traded in the range of $0.20 and $0.21 during the session.

About InvestorSoup 

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication.

The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC.

Category : General Commentary | Blog Bookmark and Share
8
Jun

Shares of Rarus Technologies Inc. (PINK: RARS), an emerging technology company, fell sharply in Thursday’s trading session.

The penny stock of RARS ended the day 7.12% lower at $0.107, with volume up from daily average of 7.75 million to 9.75 million.

Rarus Technologies on Thursday said that it submitted version 1.1 of its Zngle.com Mobile App to Apple. The company also said that it joined Android Marketplace.

Manfred Ruf, CEO of Rarus Technologies, said that RARS is excited to explore the new opportunities presented in developing and distributing of its platform in the Android Marketplace. Ruf said that RARS’ technology and applications were built with the intention of being offered on multiple platforms and the company’s new relationship with the Android Marketplace and member feedback makes it confident it can capitalize on the millions of Android users out there.

Category : General Commentary | Blog Bookmark and Share
7
Jun

Shares of US Energy Initiatives Corp. (PINK: USEI) fell sharply in Wednesday’s trading session. The penny stock of USEI ended the day 17.39% lower at $0.0380, with volume up from daily average of 3.04 million to 12.12 million.

Despite the losses on Wednesday, USEI shares are up more than 106% this week.

US Energy Initiatives this week entered into a joint venture for sale of alternative fuel. USEI signed a joint venture agreement with Bulova Tech Labs Inc. Under the terms of the agreement, USEI will distribute a fuel product designed by Bulova to replace the current formulation of gasoline. The fuel product, called A Universal Fuel™, is sold under the brand Singular 96™.

About InvestorSoup

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication.

The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC.

 

Category : General Commentary | Blog Bookmark and Share
6
Jun

Shares of Lee Enterprises Inc. (NYSE: LEE), a provider of local news, information and advertising in midsize markets, surged in after-hours trading on Tuesday.

The penny stock of LEE rose 30.43% to $1.50 in after-hours trading. Earlier in regular trading on Tuesday, LEE had finished flat at $1.15.

Lee Enterprises shares surged in after-hours trading on Tuesday after Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) disclosed that it owns about 3.2% of LEE. BRK.A owns 1.66 million shares of LEE as of March 31, 2012.

The disclosure was made after the SEC refused to let BRK.A keep the investment confidential.

About InvestorSoup

InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.

Disclaimer

DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication.

The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.

This newsletter is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. BeaconEquity.com is a wholly owned subsidiary of BlueWave Advisors, LLC.

Category : General Commentary | Blog Bookmark and Share

About Us

Traders make huge profits from penny stocks! Our Hot stock alerts are sent the second we identify likely stocks that we feel will fly! We are passionate about small caps, penny stocks and sub-penny stocks. We are the resource that you need to profit from penny stocks. Bookmark us and check back frequently. Read more »

Subscribe

Subsribe via RSS Feed Reader

Contact Us

InvestorSoup.com
4828 S. Broadway #182 | Tyler, TX 75703

Privacy Policy    |    Related Links

Verifying Email ...

close this