May
AMCG, LVCA, BGNN, GLER, CMGO, SNWT, STTN, LUXE, NHPR, ARTS
The attached list are penny stocks that were in the news yesterday. My members will recognize several of them because they were past alerts. Others are just the “usual suspects” in the penny stock/small cap stock world and they are known by reputation or results (good or bad).
Don’t forget to sign up for my stock alerts. I work hard doing stock research on companies that I think will move and move fast. Usually my alerts offer great opportunities for gains. Here is the link to my signup page. See you in the markets!
Amico Games Corp. (OTC: AMCG) was up 60.00% to $0.144 yesterday on strong volume of 17.88 million shares trading hands. The company on Friday said its total number of registered users hit 22,492,726 as of February 28, 2010. (OTC:AMCG), (AMCG)
AMCG was an alert for Investor Soup back in early April and performed well. AMCG is a video game company focused on the Chinese market and they are growing their business quickly. I think this one will be in play for weeks to come.
Look at this volatility:
Lake Victoria Mining Company Inc. (OTC: LVCA) was up 2.00% on Monday to $0.510 following the news that its geophysical surveys has indicated possible undiscovered gold bearing quartz veins at the Singida Gold Project in Tanzania. (OTC:LVCA), (LVCA)
LVCA has been on a strong uptrend lately as shown by the chart. Be careful because this one could crack soon jmo.
B Green Innovations Inc. (OTC: BGNN) was up 80.00% yesterday to $0.0045 following the company’s Q1 earnings report. The company posted a record Q1 net income of $1,377,137, as compared to a loss of $825,857 during the year-ago period. (OTC: BGNN), (BGNN)
Profit-taking was inevitable today, but long term BGNN might be a good company to have in your portfolio.
Global Earth Energy Inc. (OTC: GLER) is up 46.30% to $0.0395 on above-average volume. The company last week announced its acquisition of renewable energy company RCI Solar Inc. (OTC:GLER), (GLER)
CMG Holdings Inc. (OTC: CMGO) is up 37.50% to $0.0550. The company has announced that the U.S. PTO has issued a foundational Internet technology patent to its wholly owned subsidiary Audio Eye Inc. (OTC:CMGO), (CMGO)
San West Inc. (OTC: SNWT) is up 34.62% to $0.0700 following the company’s Q1 results. The company reported record revenues for the first quarter, citing partnership with CountyImports.com. (OTC:SNWT), (SNWT)
Smart-Tek Solutions Inc. (OTC: STTN) was up 34.72% yesterday to $0.485. The company has reported a strong revenue increase of 435% for the nine-month ended March 31, 2010. (OTC:STTN), (STTN)
Smart-Tek could be a runner! It has been generating a feast of good news and traders/investors have been liking what they are hearing.
STTN has a long way to go to get back to its mid-April highs, but it certainly has its momentum back.
Onyx China Inc. (OTC: LUXE) $0.200 – The company has today provided updates on its operations at its West Central Alberta project. (OTC:LUXE), (LUXE)
National Health Partners Inc. (OTC: NHPR) is up 24.14% to $0.0360. (OTC:NHPR), (NHPR)
Artfest International Inc. (OTC: ARTS) is up 12.90% to $0.0035. The company has today announced that on June 26th, 2010 it will open a new exhibit titled “From Russia with Love and Art,” featuring world renowned Natalia Vetrova and Vladimir V. Piskarev.(OTC:ARTS), (ARTS)
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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.
The information contained in our report should be viewed as commercial advertisement and is not intended to be investment advice. The report is not provided to any particular individual with a view toward their individual circumstances. 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.
Our newsletter and website have been prepared for informational purposes only and are not intended to be used as a complete source of information on any particular company. An individual should never invest in the securities of any of the companies profiled based solely on information contained in our report. Individuals should assume that all information contained in the report about profiled companies is not trustworthy unless verified by their own independent research. BlueWave Advisors has been previously compensated twenty five thousand dollars from Level Up Industries (a non-affiliated third party) for AMCG advertising and promotional services that have expired. Currently BWA is being compensated one hundred and twenty thousand dollars from Lomond Marketing – non controlling 3rd party shareholder for AMCG advertising and promotion. BlueWave Advisors has been previously compensated a total of one hundred and thirty seven thousand two hundred and twelve dollars and fifty cents from Seacoast Advisors (a non-controlling third party shareholder) for SNWT advertising and promotional services that have expired. BWA is currently being compensated twenty thousand dollars from Seacoast Advisors (a non-controlling third party shareholder) for SNWT advertising and promotion. BlueWave Advisors has been compensated eighty thousand dollars from Wall Street Grand for LVCA advertising and promotion.
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We are committed to providing factual information on the companies that are profiled. However, we do not provide any assurance as to the accuracy or completeness of the information provided, including information regarding a profiled company’s plans or ability to effect any planned or proposed actions. We have no first-hand knowledge of any profiled company’s operations and therefore cannot comment on their capabilities, intent, resources, nor experience and we make no attempt to do so. Statistical information, dollar amounts, and market size data was provided by the subject company and related sources which we believe to be reliable.
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May
American Oriental Bioengineering (AOB) has been one of my favorite trades for almost the last 10 years. I have traded in and out of it several times, blogged it twice for Investor Soup and have followed it faithfully. Now, might be a good time to put AOB back on the radar screen.
AOB stinks right now. It has been on a prolonged downtrend that shows no sign of abating. Or does it?
Here is the chart, so you can see for yourself:
Is penny stock land next for AOB? Hardly!
AOB, despite not impressing lately with its Q over Q financial results, is still a very strong company. The company has a stockpile of cash, manageable debt loads, great debt coverage ratios. It has profitable operations and sales are growing. There was some operating and net income margin erosion, but nothing fatal.
With AOB continuing to make new lows, the strong selling going on, now is not the time to jump in (unless you really believe in AOB long term). But, the time is coming (and I think it will be soon) that AOB will reverse trend. AOB has a history of volatility. It has been down before and will be down again, but right now I am looking for it to go back up.
Good luck and good trading,
Jeffrey Dean
Editor
May
WFMI, M, CSCO, GOOG, YHOO, JACK, MBLX, ZOOM, SYX, HELE
This group of stocks are mainly over $5 in share price. These are stocks that are in the news today…ones that you need to know about.
Don’t forget to sign up for my “Souper” hot penny stock alerts? Several times a week, I email information out to my members about micro cap stocks and penny stocks. Once you are signed up, you will receive information on stocks trading from 1 cent to several dollars. My focus is finding the best penny stocks that look like they are ready to move. Sign up today!
Just last month my alert for LMCO was up over 63%. Try and do that with GOOG! That is just one example of how my members can benefit from my penny stock tips.
Whole Foods Market Inc. (NASDAQ: WFMI) is down 0.08% to $39.45 ahead of earnings report. The company reports its Q2 results today after market close. (NASDAQ:WFMI), ($WFMI).
Macy’s Inc. (NYSE: M) is up 0.92% to $24.12 after Q1 results. The company reported a profit of 5 cents per share for the period ending May 1, compared with a net loss of 21 cents per share in the year-ago period. (NYSE:M), ($M)
Cisco Systems Inc. (NASDAQ: CSCO) is up 2.20% to $26.53. The company is scheduled to report its quarterly results today after the close. (NASDAQ:CSCO), ($CSCO)
Google Inc. (NASDAQ: GOOG) is down 0.82% to $504.89. The FTC has been given a two-week extension for its review of the $750 million Google-AdMob deal, San Jose Business Journal reported. (NASDAQ:GOOG), ($GOOG)
Yahoo! Inc. (NASDAQ: YHOO) is up 0.18% to $16.44. The company has reportedly increased its search market share in April, while Google dropped 0.7%. (NASDAQ:YHOO), ($YHOO)
Jack in the Box Inc. (NASDAQ: JACK) is up 0.09% to $22.83. The company releases its Q2 earnings today after market close. (NASDAQ:JACK), ($JACK)
Metabolix Inc. (NASDAQ: MBLX) is up 18.19% to $15.14 following Tuesday’s announcement that the U.S. FDA has approved its plastics products Mirel F1005 and F1006 for use in food contact applications. (NASDAQ:MBLX), ($MBLX)
Zoom Technologies Inc. (NASDAQ: ZOOM) is up 7.26% to $6.80. The company today reported Q1 revenue and earnings that exceeded guidance. (NASDAQ:ZOOM), ($ZOOM)
Systemax Inc. (NYSE: SYX) is down 7.30% to $20.06. The company yesterday announced its financial results for the first quarter ended March 31, 2010. (NYSE:SYX), ($SYX)
Helen of Troy Ltd. (NASDAQ: HELE) is up 6.35% to $27.63. The company has reported that it swung to a profit in its Q4, topping earnings estimates by 5 cents. (NASDAQ:HELE), ($HELE)
May
ABHI, EPAZ, MGOL, VTPI, CCTR, OPTZ, DLYT, VKNG, CTDBQ, ACLH
Penny Stocks are a great vehicle for gains. With great volatility and risk comes great reward. That is what is great about Penny Stock.
Keep in mind that blogs are only part of what I do. I send out periodic alerts on micro cap and penny stocks. When you sign up for alerts from my site, you will receive stocks from 1 cent to several dollars. My focus is finding small cap and micro cap stocks that look like they are ready to move. Sign up today! A few months back you missed SECI which gained 170%. Lots of opportunity for gains on Investor Soup.
AmbiCom Holdings Inc. (OTC: ABHI) is up 9.52% to $0.460 on above-average volume. The company on Monday said it has received a new $1.1 million purchase order from a major client. (OTC:ABHI), ($ABHI)
Epazz Inc. (OTC: EPAZ) is up 114.29% to $0.0150 on above-average volume. (OTC:EPAZ), ($EPAZ)
Boatatopia (OTC: MGOL) is up 29.87% to $5.00. The company has today announced the formation of a new joint venture into which the company and its joint venture partners have contributed 17,736 acres of mining contracts and mining claims near the town of Anorí in the Department of Antioquia, Colombia (the Anorí Project). (OTC:MGOL), ($MGOL)
Vital Products Inc. (OTC: VTPI) is down on the volume level of 49.83 million shares. (OTC:VTPI), ($VTPI)
China Crescent Enterprises Inc. (OTC: CCTR) is down 2.76% to $0.0141. (OTC:CCTR), ($CCTR)
Optimized Transportation Management Inc. (OTC: OPTZ) is up 8.70% to $0.250. The company has said that it has signed two new agents worth an additional projected $7 million dollars in annual gross revenue. (OTC:OPTZ), ($OPTZ)
Dais Analytic Corps (OTC: DLYT) is up 12.50% to $0.360. The company has today announced that it has shipped the first component of its NanoClear clean water process system as part of a $48 million sales agreement with CAST Systems Control Technology Co. Ltd. and Genertec America. (OTC:OPTZ), ($OPTZ)
Viking Systems Inc. (OTC: VKNG) is up 22.84% to $2.85 following the announcement that the company has teamed with Sony to bring 3DHD surgical vision to “Hospital Build Asia 2010,” which runs May 11 to 13 in Singapore. (OTC:VKNG), ($VKNG)
Citadel Broadcasting Corp. (OTC: CTDBQ) is down 11.66% to $0.140 on the volume level of 13.11 million shares. (OTC:CTDBQ), ($CTDBQ)
Advanced Clean Technologies Inc. (OTC: ACLH) is down 10.53% to $0.0340. (OTC:ACLH), ($ACLH)
Have a great trading day,
Jeffrey Dean
Editor
May
FOSL, GILD, DF, TRGL, ABK, MBI, JASO, AAPL, CRUS, AEY
These are stocks I picked out that are in play. They are small, mid and large cap stocks that have moved today and could move more.
Fossil Inc. (NASDAQ: FOSL) is up 10.25% to 41.74 on above-average volume. The company has posted Q1 results that exceeded Wall Street’s expectations. (NASDAQ:FOSL), ($FOSL)
Gilead Sciences Inc. (NASDAQ: GILD) is up 3.49% to $39.72 following the announcement of its plan to buy back $5 billion in shares. (NASDAQ:GILD), ($GILD)
Dean Foods Company (NYSE: DF) is down 7.26% to $9.71. Bernstein has downgraded Dean Foods from Outperform to Market Perform. (NYSE:DF), ($DF)
Toreador Resources Corp. (NASDAQ: TRGL) is up 9.30% to $9.52. The company has reported that its Q1 loss narrowed to $7.5 million compared with $10.9 million last year, citing higher average realized oil prices. The company has also signed a deal with Hess to explore France’s Paris Basin. (NASDAQ:TRGL), ($TRGL)
Ambac Financial Group Inc. (NYSE: ABK) is down 3.33% to $1.45. (NYSE:ABK), ($ABK)
MBIA Inc. (NYSE: MBI) is down 5.66% to $8.80 following the announcement of its quarterly results on Monday that disappointed investors. (NYSE:MBI), ($MBI)
JA Solar Holdings Co. Ltd. (ADR) (NASDAQ: JASO) is down 1.52% to $6.33 despite better-than-expected results for its Q1. (NASDAQ:JASO), ($JASO)
Apple Inc. (NASDAQ: AAPL) is up 1.13% to $256.85. Kaufman has raised price target on Apple amid strong Mac and iPad momentum-StreetInsider. (NASDAQ:AAPL), ($AAPL)
Cirrus Logic Inc. (NASDAQ: CRUS) is up 12.94% to $13.53 on above-average volume. (NASDAQ:CRUS), ($CRUS)
ADDvantage Technologies Group Inc. (NASDAQ: AEY) is up 25.78% to $3.22 on above-average volume. The company has today announced its results for the three and six month periods ended March 31, 2010. (NASDAQ:AEY), ($AEY)
Don’t forget to sign up for my “Souper” hot penny stock alerts? Several times a week, I email information out to my members about micro cap stocks and penny stocks. Once you are signed up, you will receive information on stocks trading from 1 cent to several dollars. My focus is finding the best penny stocks that look like they are ready to move. Sign up today!
Just last week my alert for LMCO was up over 63%. Try and do that with FOSL! That is just one example of how my members can benefit from my penny stock tips.
Good luck and good trading,
Jeffrey Dean
Editor
May
APCX, DFTC, TAON, MCGI, EGSR, COUGF, AENY, IFXY, WLSI, CPTC
Here are some penny stocks that you should take a look at.
Keep in mind that blogs are only part of what I do. I send out periodic alerts on micro cap and penny stocks. When you sign up for alerts from my site, you will receive stocks from 1 cent to several dollars. My focus is finding small cap and micro cap stocks that look like they are ready to move. Sign up today! A few weeks back you missed ALME which gained 105%. Lots of opportunity for gains on Investor Soup.
AppTech Corp. (OTC: APCX) is up 346.15% to $0.09 after announcing that it was approved by Verizon as a developer of mobile applications. (OTC:APCX), ($APCX)
Splinternet Holdings Inc. (OTC: DFTC) is up 30.89% with a high volume of 2.13 million shares. (OTC:DFTC), ($DFTC)
TAO Minerals Ltd. (OTC: TAON) is up 30.30% to $0.430 on above-average volume. (OTC:TAON), ($TAON)
MedCareers Group Inc. (OTC: MCGI) is up 34.38% to $2.15. The company has said that it has entered into a letter of intent to acquire a nurse staffing company located in the Southeast. (OTC:MCGI), ($MCGI)
My favorite is MCGI. I blogged it back in March when it first exploded on the scene. I said short it and anyone who did doubled their money in about a day.
MCGI is on the same track again. It may go up for a few more days, but it will fall just like the last time. You can take that to the bank.
Energas Resources Inc. (OTC: EGSR) is up 29.41% to $0.0220. The company has announced that it has contracted for the Lake Devore Prospect in Colorado. (OTC:EGSR), ($EGSR)
Cougar Oil & Gas Canada Inc. (OTC: COUGF) is up 14.29% to $2.40 on above-average volume. (OTC:COUGF), ($COUGF)
Americas Energy Company (OTC: AENY) is up 27.71% to $1.73 following the company’s operational update. (OTC:AENY), ($AENY)
Infrax Systems Inc (OTC: IFXY) is up 13.73% to $0.0290. The company has announced that Trimax Wireless has completed the first phase of the network deployment being built for their customer in Abuja, Nigeria. (OTC:IFXY), ($IFXY)
Wellstar International Inc. (OTC: WLSI), $0.0010, is moving up on above average volume. (OTC:WLSI), ($WLSI)
Composite Technology Corp. (OTC: CPTC) is up 11.90% to $0.25. The company has announced that its subsidiary CTC Cable Corp. has received an order from Keys Energy for ACCC conductor. (OTC:CPTC), ($CPTC)
May
IRE, STD, BCS, DF, BAC, C
I have a lot of experience with banks. As a bank auditor in my early 20′s, I got to know banks very well. I even worked for Bank of America for a few years (in their venture capital subsidiary).
All of this knowledge doesn’t really help me with my analysis of banks. Banks have been extraordinarily cyclical lately and even with the overall rebound in the sector, the ‘Sword of Damocles’ still hangs over their heads. It will only take the government to pull out of the mortgage market to cause the next crash…or some other piece of bad economic news.
But, here are some bank in the news. These banks are all on the bounce from an prolonged downtrend:
Bank of Ireland (ADR) (NYSE: IRE) is up 18.00% to $8.72. The company has said that it will reduce the size of its planned rights issue by around 161 million euros to 1.72 billion euros after debt swap, MarketWatch reported. (NYSE:IRE), ($IRE)
Look at the chart and you will see that IRE has some real potential. The oscillators (MACD and Stochastics) are just starting to turn and could help fuel a rally.
Banco Santander S.A. (ADR) (NYSE: STD) is up 23.90% to $12.18 on above-average volume. (NYSE:STD), ($STD)
You may have missed the start of STD’s rally, but it coud have legs. Look at this chart.
Barclays PLC (ADR) (NYSE: BCS) is up18.60% to $19.70. The company is planning to split and sell off part of University Partnerships Programme, The Financial Times reported. (NYSE:STD), ($STD)
These charts all look eerily familiar. These banks (including BCS) have been on a strong downtrend…not any more. The bank sector just got a shot in the arm.
Bank of America Corp. (NYSE: BAC) is up 6.98% to $17.31. Bank of America, Citigroup will likely take charge for U.K. bonus tax, American Banking News reported. (NYSE:BAC), ($BAC)
BAC is a juggernaut. This is another one that was on a prolonged decline and snapped back.
Citigroup Inc. (NYSE: C) is up 6.12% to $4.25. The company on Friday said it will purchase $535.9 million worth of notes as part of a previously announced tender offer, American Banking News reported. (NYSE:C), ($C)
Citibank is still the laggard in the sector
Washington Mutual, Inc. (Pink: WAMUQ) is also up to a whopping 14 cents! I get yelled at all the time with WAMUQ, but it has so many problems. I am hopeful, but not convinced with WAMUQ.
Don’t forget to sign up for my “Souper” hot penny stock alerts? Several times a week, I email information out to my members about micro cap stocks and penny stocks. Once you are signed up, you will receive information on stocks trading from 1 cent to several dollars. My focus is finding the best penny stocks that look like they are ready to move. Sign up today!
Just last week my alert for LMCO was up over 63%. Try and do that with NFLX! That is just one example of how my members can benefit from my penny stock tips.
Good luck and good trading,
Jeffrey Dean
Editor
May
CPOW, ECNG, AWSR, QTXB, GCHK, ASWRF, CCTR, CYCA, DDDC, LGDI
Welcome to Investor Soup. I specialize in providing traders with ideas on stocks that could move.
It is important to remember that I never fall in “love” with stocks. I may “like” them for awhile, but penny stocks usually break my heart. They are incredibly fickle. The idea is to get in, get your profit and get out.
Enjoy my blogs, but make sure you sign up for my periodic alerts on micro cap and penny stocks. When you sign up for alerts from my site, you will receive stocks from 1 cent to several dollars. My focus is finding small cap and micro cap stocks that look like they are ready to move. Sign up today! Lots of opportunity for gains on Investor Soup.
Clean Power Concepts Inc. (OTC: CPOW) is up 158.06% to $0.800 on above-average volume. The company on Wednesday announced it has acquired established bio energy products manufacturer General Bio Energy Inc. (OTC:CPOW), ($CPOW)
EnergyConnect Group Inc. (OTC: ECNG) is up 32.50% to $0.159. The company reports its first quarter 2010 financial results on May 11 after the market close. (OTC:ECNG), ($ECNG)
America West Resources Inc. (OTC: AWSR) is up 27.62% to $0.134. The company this week said it has agreed to supply a major west coast utility company with compliant thermal coal mined from the Horizon Mine in a deal valued at $7.4 million. (OTC:AWSR), ($AWSR)
Quantrx Biomedical Corp. (OTC: QTXB) $0.320. The company has today announced that it has entered into a two-year agreement with VetRed BV for the European distribution of products developed by QuantRx (QN Diagnostics) for veterinary applications. (OTC:QTXB), ($QTXB)
Greenchek Technology Inc. (OTCBB: GCHK) is up 14.63% to $0.0470. (OTCBB:GCHK), ($GCHK)
Anglo Swiss Resources Inc. (USA) (OTC: ASWRF) is up 23.67% to $0.297. The company has today confirmed that all outstanding claims made by parties to an Option Joint Venture Agreement dated September 5, 2002 have been resolved. (OTC:ASWRF), ($ASWRF)
China Crescent Enterprises Inc. (OTC: CCTR) The company is scheduled to present an overview of an anticipated return on investment potential on May 10. (OTC:CCTR), ($CCTR)
CCTR is a mess. It has been up and down and is subject to a great deal of hype. It actually is a good company with revenues but it has been the traders’ plaything and is not to be trusted.
CCTR has come down to a very attractive level. Watch it to see if it bounces off the next support level.
Cytta Corp. (OTC: CYCA) is down 3.45% to $0.0028 on a high volume of 43.78 million shares. (OTC:CYCA), ($CYCA)
Deltathree Inc. (OTC: DDDC) is down 9.11% to $0.199 following its first quarter results. (OTC:DDDC), ($DDDC)
Legend International Holdings Inc. (OTC: LGDI) is down 0.93% to $1.07. The company has announced that it has set a record date of June 4, 2010 for entitlements for the spin out of its diamond, gold and base metal interests. (OTC:LGDI), ($LGDI)
I really like LGDI. I have for quite some time. I have done both an alert on LGDI and blogged it and both times it delivered some solid gains. LGDI is still a exploration company, but it is one of the best financed and best run companies in the mining sector.
LGDI may be down now, but it will not be down long.
May
POM, SXE, ATVI, KFT, CVS, AAPL, BAC, SIRI, EIX, HANS
This group of stocks are mainly over $5 in share price, but several lower-priced issues are thrown in the mix. These are stocks that are in the news today…that you need to know about.
Don’t forget to sign up for my “Souper” hot penny stock alerts? Several times a week, I email information out to my members about micro cap stocks and penny stocks. Once you are signed up, you will receive information on stocks trading from 1 cent to several dollars. My focus is finding the best penny stocks that look like they are ready to move. Sign up today!
Just last week my alert for LMCO was up over 63%. Try and do that with SXE! That is just one example of how my members can benefit from my penny stock tips.
Pepco Holdings Inc. (NYSE: POM) is up 3.27% to $16.59. The company reported earnings and revenue decline of -20% and -6%, respectively, as its power delivery segment incurred higher expenses in the Q1. (NYSE:POM), ($POM)
Stanley Inc. (NYSE: SXE) is up 26.93% to $36.81 following CGI Group’s announcement to buy the company for $900 million. (NYSE:SXE), ($SXE)
Activision Blizzard Inc. (NASDAQ: ATVI) is up 2.39% to $10.74. The company on Thursday posted better-than-expected net income in its Q1, citing its twin blockbusters “Call of Duty” and “World of Warcraft.” (NASDAQ:ATVI), ($ATVI)
Kraft Foods Inc. (NYSE: KFT) is up 2.65% to $29.98 following its strong Q1 results. The company reported that combined organic net revenues grew 3.9%, reflecting 3.3 percent organic net revenue growth of its base business and 8.2 percent organic net revenue growth of Cadbury. (NYSE:KFT), ($KFT)
CVS Caremark Corp. (NYSE: CVS) is up 0.28% to $35.34. Citigroup on Thursday reiterated its “Buy” rating on CVS Caremark, and set a $36 price target on the company. (NYSE:CVS), ($CVS)
Apple Inc. (NASDAQ: AAPL) is down 2.31% to $240.55. Nokia broadens its lawsuit against Apple to include the iPad-Report. (NASDAQ:AAPL), ($AAPL)
Bank of America Corp. (NYSE: BAC) is up 1.04% to $16.45. BofA’s Countrywide has agreed to a $624 million lawsuit settlement, Reuters reported. (NYSE:BAC), ($BAC)
Sirius XM Radio Inc. (NASDAQ: SIRI) $1.02. TheStreet has upgraded Sirius XM Radio to “hold,” citing fundamental improvement in business. (NASDAQ:SIRI), ($SIRI)
Edison Int’l. (NYSE: EIX) is up 2.42% to $33.42. The company has posted lower profit in its Q1 after recording a charge of 12 cents a share related to the recent federal health care overhaul. (NYSE:EIX), ($EIX)
Hansen Natural Corp. (NASDAQ: HANS) is down 15.56% to $35.92 on above-average volume. The company on Thursday reported quarterly results that fell short of Wall Street’s expectations. (NASDAQ:HANS), ($HANS)
May
HTRN, ADCT, CLWR, LXRX, PCS, ING, MGA, CI, ANF, SYMC
This group of stocks are mainly over $5 in share price, but several lower-priced issues are thrown in the mix . These are stocks that are in the news today…that you need to know about. My comments are in bold and appear in parentheses.
Don’t forget to sign up for my “Souper” hot penny stock alerts? Several times a week, I email information out to my members about micro cap stocks and penny stocks. Once you are signed up, you will receive information on stocks trading from 1 cent to several dollars. My focus is finding the best penny stocks, micro cap and small cap stocks that look like they are ready to move. Sign up today!
Last month, my alert for ALME was up 109%. Try and do that with SYMC! That is just one example of how my members can benefit from my penny stock tips.
HealthTronics Inc. (NASDAQ: HTRN) is up 32.87% to $4.81 following the company’s agreement to be bought by Endo Pharmaceuticals for about $233 million. (NASDAQ:HTRN), ($HTRN)
Great news for shareholders and speculators in HTRN. The “fly in the ointment” is no less than 5 shareholder lawsuits filed in recent days. The final chapter on this deal is far from being written. Any bad news will send this deal south in a big hurry. Watch the news on this one.
ADC Telecommunications (NASDAQ: ADCT) was up BIG at one time to post a HOD of almost $8.60. UBS has upgraded ADCT to Buy, and lifted its price target to $10.50 from $8.50. The company on Wednesday reported its financial results for the second quarter ended April 2, 2010. (NASDAQ:ADCT), ($ADCT)
Seesaw day for ADCT. It was down for the day when it closed at $7.69 on a rash of selling. The news is still good for the company and I could see it having a rally today. The candles are telling me it had a huge bullish gap at the open and then sellers hammered it.
Clearwire Corp. (NASDAQ: CLWR) hit a high of $8.50 before falling back to $7.99 after announcing better-than-expected Q1 results. The Company posted Q1 share loss $0.47 as compared to 51 cents per share loss expected by Wall Street. Quarterly revenue came in at $106.7 million versus analyst view $97.18 million. (NASDAQ:CLWR), ($CLWR)
Lexicon Pharmaceuticals Inc. (NASDAQ: LXRX) finished the day down 1.00% to $1.40. The company on Wednesday reported positive results from its LX1031 study. The results were presented at Digestive Disease Week (DDW) 2010 in New Orleans, Louisiana. (NASDAQ:LXRX), ($LXRX)
LXRX got kicked around a bit today. A bullish gap early and then selling hit the stock and dropped it. I would keep LXRX on your trading radar. They have such a strong balance sheet that could be around long enough to give traders several opportunities to play it. It does have a heavy debt load but cash and equivalents more than cover the debt.
MetroPCS Communications Inc. (NYSE: PCS) was up BIG following today’s earnings report. The company has said that its quarterly revenues increased 22% to $971 million, better than analysts’ expectations of $942 million. (NYSE:PCS), ($PCS)
PCS is on a great bullish run that looks like it has legs. This is a stock to watch!
ING Groep N.V. (ADR) (NYSE: ING) is down 7.23% to $7.57. The company on Monday said it has responded to the Dept. of Labor and the Dept. of Treasury joint request for information on lifetime income options for participants and beneficiaries in retirement plans. (NYSE:ING), ($ING)
Magna International Inc. (USA) (NYSE: MGA) is up 11.91% to $69.98 following the announcement that it has signed an agreement with founder Frank Stronach to eliminate the the company’s dual class structure. (NYSE:MGA), ($MGA)
Cigna Corp. (NYSE: CI) is up 5.41% to $33.73. The company has reported a 36% rise in Q1 profit, citing expanded enrollment and a larger mix of business clients. Earnings came in at $1.02 a share, beating analysts’ estimates of 90 cents a share for the quarter. (NYSE:CI), ($CI)
Abercrombie & Fitch Co. (NYSE: ANF) is down 7.48% to $40.92 following the company’s April sales results. The company said net sales increased 8% to $214.3 million, though April comparable store sales decreased 7%. (NYSE:ANF), ($ANF)
Symantec Corp. (NASDAQ: SYMC) is up 4.74% to $17.02 after reporting that it swung to a quarterly profit as revenue rose 4% to $1.53 billion. (NASDAQ:SYMC), ($SYMC)
SYMC had an upside down day yesterday with a nasty bullish gap at open and then it dropped below the open. It was up over the previous day’s close, but it was not a fun stock to day trade today unless you were playing the short.
Don’t forget to sign up for my stock alerts.
Have a great trading day,
Jeffrey Dean
May
WLSI, GETA, PWRM, CICN, RNRG, CBAI, UNDT, ISDR, ZVTK, CMGR
These are some more penny stocks that are in the news today. UNDT is a past alert that savvy traders can trade again and again. It is a highly volatile sub-penny stock. Same thing with CBAI. I have recommended it twice in the past and both times my members profited.
Keep in mind that blogs are only part of what I do. I send out periodic alerts on micro cap and penny stocks. When you sign up for alerts from my site, you will receive stocks from 1 cent to several dollars. My focus is finding small cap and micro cap stocks that look like they are ready to move. Sign up today!
SILA, my alert from Monday, is the the “green” for its second day and has delivered about a 20% gain…so far.
Lots of opportunity for gains on Investor Soup.
Wellstar International Inc. (OTC: WLSI) is up 71.43% to $0.0012 with high trading volume of 229.36 million shares. The company has said that it has started its second Beta Test in a long term care facility. (OTC:WLSI), ($WLSI)
Genta Inc. (OTC: GETA) is down 0.80% to $0.0746. The company has announced that data from clinical trials of the its late-stage compounds will be presented at the 2010 American Society of Clinical Oncology (ASCO) Annual Meeting, which will be held in Chicago from June 4 to 9, 2010. (OTC:GETA), ($GETA)
Power3 Medical Products Inc. (OTC: PWRM) is up 27.06% to $0.0540 on above-average volume. The company has said that a joint provisional patent application has been filed by the principals of StemTroniX and Power3 with the U.S. PTO, which covers the convergence of both companies’ technologies in anticipation of an upcoming acquisition. (OTC:PWRM), ($PWRM)
Cicero Inc. (OTC: CICN) $0.170. The company has today announced that ProCore Solutions has signed a new product and services agreement to deliver and use Cicero’s XM (TM) software solutions in its service centers. (OTC:CICN), ($CICN)
Revonergy Inc. (OTC: RNRG) is up 15.00% to $0.345 following today’s announcement that the company has been assigned the rights to develop and own a wood waste-to-energy project in Ondo State, Africa. (OTC:RNRG), ($RNRG)
Cord Blood America Inc. (OTC: CBAI) is down 1.16% to $0.0085. The company has announced updates on its China and Las Vegas operations. (OTC:CBAI), ($CBAI)
Universal Detection Technology (OTC: UNDT) is down 9.09% to $0.0030 on above-average volume. The company on Monday said it has received a purchase order from the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) for its bioterrorism detection equipment. (OTC:UNDT), ($UNDT)
Issuer Direct Corp. (OTC: ISDR) is up 26.53% to $0.310 following its quarterly earnings announcement. The company also anticipates filing its quarterly report including its financials in eXtensible Business Reporting Language (xBRL) with the Securities and Exchange Commission before market close today. (OTC:ISDR), ($ISDR)
Zevotek Inc. (OTC: ZVTK) $0.0057. The company has announced that it has produced a new 1 minute Ionic Bulb TV ad that will start airing nationwide on American television this week. (OTC:ZVTK), ($ZVTK)
Camelot Entertainment Group Inc. (OTC: CMGR) $0.0001. The company has announced that it has acquired the assets of Liberation Entertainment. (OTC:CMGR), ($CMGR)
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