Penny Stock Pick - AGT
Golden Opportunity Although no big time headlines recently, shares of Greenwood Village, CO based gold miner Apollo Gold Corp. have been doing well, rising from 52 week low of 16 cents in December to 59 cents today, a 150% plus gain in two months. Let's take a detail look at the stock and see if the stock is worth buying.
Technical
The technical chart shows the stock is on a bull market as the stock is trading above both 50 day and 200 day moving average and 50 day moving average is on top of 200 day moving average heading upwards. Other technical indicator such as MACD, the is above 0 showing positive momentum while KD line also show buy signal as K line crossed on top of D line.
Insider
Although there has not been much transactions from top executives, the company's benefical owner Jipangu Inc bought 11 million shares of AGT. This should offset the net institution sell which added an additional 0.5 million shares in the lastest quarter.
Financial
As far as the financial statement shows, unless the company can have a strong fourth quarter, the year will be another one of descreasing reveue and increasing loss. In addition, the cash is at new low meaning the company will probably need to maintain its financial health such as selling more stocks.Penny Stock Score (1~5) 5 is highest 1. Market Potential(gold): 3 2. Technical: 5
3. Insider: 4 4. Financial: 1 Recommendation: Buy
Penny Stock Pick - NGRU
The penny stock of the day is netGuru Inc. (NGRU), a Yorba Linda, California based company providing software project consulting and staffing services. On Tuesday, February 21 the company reports fiscal 2006 third-quarter results with slightly less revenue and less profit yet with more revenue from sales of its collaborative software. The market did not react to the news the next day but today the stock surged 13 cents or 39.82% to 46 cents per share.
Technical
The technical chart is showing that the stock is on a bounce back rally after it lost more than 50% of it value at the end of January as it distributed dividend worth 85 cents per share. Although both 50 day and 200 day moving average are showing weakness, KD line is indicating upward swing. MACD is still under 0 indicating bearish trend yet would be rising as stock price rises.
Financial
The financial statements shows the yearly revenue is still decreasing yet the loss is getting smaller on reduced expenses such as research development and administration. The cash level improved in 2005 compare to 2004 and current reports how a lot more cash compre to 2005.Penny Stock Score (1~5) 5 is highest 1. Market Potential(Staffing): 5 2. News Buzz: 3 3. Technical: 4 4. Financial: 4 Recommendation: Buy
Penny Stock on the Move - February 22
Penny Stock Pick - EAG
Sweet Contract For a small penny stock company such as League City, Texas based Eagle Broadband Inc.(EAG), a broadband, IP and communication service provider to government, military and corporations, nothing may be more exciting than new contracts. On Thursday, February 16, the penny stock company currently trading at 13 cents per share announced that it has secured two contracts - from Renaissance Healthcare and Harborwalk in the greater Houston area on advanced IP network solutions. The next day the stock went up 8.33%.
Technical
The technical chart is showing weakness as both 50 day and 200 day moving average are still going downward. However with KD line crossing upward and stock now breaking over 50 day moving average, there is a chance that a rally may come very soon. A rally will then bring MACD above 0 indicating buy signal.
Insider
The insiders including employees, directors and institutions aren't supportive to the company as most transactions recently were sale of stock. The institutions have sold 2.1 million shares in the most recent quarter, up 17.7% from previous quarter.
Financial
Looking at the financial statements, the company generated less revenue in fisical year 2005 than the previous year and also had wider net loss. Hopefully the new contracts will improve the financials of the company for fisical year 2006.Penny Stock Score (1~5) 5 is highest 1. Market Potential(broadband): 3 2. News Buzz: 5 3. Technical: 3 4. Insider: 1 5. Financial: 2 Recommendation: Buy
Penny Stocks on the Move - February 17
- Viragen Inc. (VRA): shares of Plantation, Florida based cancer treament products makerrose 11.29% or 7 cents to 69 cents per share. The coverage on the stock began in January at 68 cents per share.
- Targeted Genetics Corp. (TGEN): shares of Seattle, WA based biotech firm developing gene therapy products rose 6.12% or 3 cents to 52 cents per share. The stock has gained 8.33% since covered in early February at 48 cents per share.
Penny Stock Pick - FONR
Bullish Insiders One way to see if the stock is worth buying is to see if the top management, or the insiders are buying the stock. Because this means either the executives are optimistic about the company or they are commited to make the company better. One penny stock company which fits into this category is Fonar Corp.(FONR), a Melville, NY based medical scanning equipment maker using commonly know MRI technology. On Wednesday, February 15, Fonar annouced that Dr. Raymond Damadian, Chairman, President and founder purchased 100,000 shares of stock in the open market. Dr. Damadian hasn't sold a share of Fonar and now has total of 2.5 million shares. Another insider purchasing the stock in the open market is Rober J. Janoff, a member of Board of Directors, who purchased 10,000 shares of Fonar stock.
Technical
The puchasing of common stocks from insiders should give a boost to the disappointing peformance of Fonar stock which went from $1.5 per share last February to 52 weeks low of 57 cents on Monday, February 13 this year. However at this time the stock is still trading below both 50 day and 200 day moving average showing weakness on the stock. In addition, falling MACD, now below 0, also indicates bearish trend. The only possible positive indicator is KD which could begin to cross up at the low point of 20.
Financial
Fonar generated revenue of $100 million in the fisical year of 2005, up from $70 million from previous year. However revenues for the third and fourth quarter of 2005 were significantly lower than the preceeding two quarters. In addion the net loss also increased in the two quarters. So it appears that top management at this point is trying to turn the company around to bring the stock back.Penny Stock Score (1~5) 5 is highest 1. Market Potential(MRI scanner): 3 2. News Buzz: 4 3. Technical: 2 4. Insider: 5 5. Financial: 2 Recommendation: Buy
Penny Stock Pick - CDSS
The penny stock of the day is Citadel Security Software (CDSS), a Dallas, Texas software company providing enterprise vulnerability management software solutions. Today the stock surged 22% to 43 cents on ten time normal volumn of 2.7 million shares on new partnership with Computer Sciences Corporation(CSC) and new patent on its automated computer vulnerability resolution system. The exciting news help lifted the stock as it has been trading at new lows since IPO in 2003.
Technical
From the technical chart the stock has been showing weakness as the stock has been trading below on falling 50 day moving average and 200 day moving average. MACD has also been weak as it has been below 0 for most of the time past year. Yet today's big spike could bring MACD above 0, generally a bullish sign. In addition, KD line seems to be crossing up indicating bullish swing.
Insider
Although institutions have been unloading shares in the last quarter, selling total of 2 million shares, top executives such as director, vice president, chief technology officier and chief financial officier acquired lots of shares last December at 37 cents per share. Generally if management teams have been purchasing shares, the stock should do well.
Financial
Despite strong revenue growth for the year of 2002 to 2004, last year was not as robust. Unless the company can pull a strong fourth quarter, revenue for the year 2005 may probably be little better than half of the revenue in 2004. From the balance sheet, the company has little cash left for the quarter and may require addition sale of stock to keep the financial healthy.Penny Stock Score (1~5) 5 is highest 1. Market Potential(security software): 4 2. News Buzz: 4 3. Technical: 3 4. Insider: 4 5. Financial: 2 Recommendation: Neutral
Penny Stock on the Move - February 13
- NeoRx Corp. (NERX): shares of Seattle, WA based biotechnology company surged 19.85% to $1.57 per share, about 46.73% higher since we recommended the stock to a buy on February 3.
- Biopure Corp. (BPUR): shares of Cambridge, MA based oxygen therapeutics maker rose 17.78% to $1.06 per share, now trading 10.42% higher than coverage price since January.
Penny Stock Pick - LOUD
Penny stock of the day is Loudeye Corp. (LOUD), a Seattle WA based software company providing business-to-business (B2B) digital media service. Last Wednesday the company raised the fourth quarter revenue forecast to $8.8 million, up from previous forecast of $8 million and also planned to cut job to reduce costs by $2.5 million per quarter. The cost cuting initiative should help strengthen the company's financial by helping trimming the net loss.
Technical
The 52 week technical chart shows the why the stock has been on a rally as MACD rises above 0 and KD crosses up towards 80. Although the stock is now trading above 50 day moving average, it has yet to break thru the 200 day moving average and will need more up sessions to bring the 50 day moving average up. One technical indicator to watch is ROC which is now around overbuy level.
Insider
Most transactions recently from top executives have been sale of the stock. However net purchase from institutions have been up 22.8% and should offset the selling pressure from the insiders. Nevertheless, sell of stock from the mangement team is generally not a good sign for the stock.
Financial
The company's annual revenue grew 5 million from 2003 to 2004 and should be expected to grow another 8 million in 2005. However the company will probably see huge increase in net loss which is why the company is trying to reduce the cost in human resource to trim the net loss.Penny Stock Score (1~5) 5 is highest 1. Market Potential(digital media): 4
2. News Buzz: 4 3. Technical: 4 4. Insider: 25. Financial: 3 Recommendation: Buy
Penny Stock Pick - PRTL
Penny Telecom The penny stock of the day is Primus Telecommunications Group Inc. (PRTL), a Mclean, VA based company providing telecommunication service including international and domestic voice, wireless, Internet, voice-over-Internet protocol (VOIP), data, and hosting services to business and residential retail customers. The customer base includes North America, Australia, Europe, and Japan.
On Thursday, February 9, the company announced the fourth quarter result of 2005 with revenue of $287 million, down from prior quarter and same period of 2004. Yet the net loss has reduced to $25 million, down from $51 million in prior quarter but significantly higher from net loss of $2 million in fourth quarater of 2004, which probably explains why the stock hasn't done well for the past year.
Technical
After falling for most of the time in 2005, 50 day and 200 day moving average finally become more flattened and any spike in price would bring the stock above both moving averages, normally a bullish sign. Also from the technical chart both MACD and KD are showing bullish sign as MACD is rising near 0 while KD is beginning to crossing up.
Financial
Total revenue for 2005 is about $1.2 billion, a decline fo more than $150 million of the revenue in 2004. Net loss for 2005 has increased to $150 million, up from net loss of $4 million in the previous year. Hopefully with management team focusing more on high margin service, net loss for this year would improve.Penny Stock Score (1~5) 5 is highest 1.Technical: 4 2.Financial: 2 3.Market Potential(Voice Over IP): 5 4.News Buzz: 2 Recommendation: Buy
Penny Stock Pick - ARTX
The penny stock of the day is Arotech Corp. (ARTX), a Auburn, AL based company providing defense and security products worldwide. On Tuesday the company announced it has received orders worth $0.8 million for police driving simulators for its Simulation and Security Division. The same division also provides support software for F-15, F-18 and JSF fighter jet.
Technical
From the technical side the stock has break over the 50 day moving average in mid January but is still trading below 200 day moving average. However with MACD now rising above 0 and KD rising near 80 the stock should be showing more bullish momentum.
Financial
Looking at the financial statement, almost trippling revenue for the past few years indicates that this is a company on the rise. However the slowdown in revenue growth and mouting net loss for 2005 are probably why the stock has not been doing well for the past year. Hopefully the new million dollar order from the police is the beginning of a turnaround.Penny Stock Score (1~5) 5 is highest 1.Technical: 4 2.Financial: 3 3.Market Potential: 4 4.News Buzz: 4 Recommendation: Buy
Penny Stock Pick - TGEN
The penny stock of the day is Targed Genetics Corp. (TGEN), a Seattle, WA biotechnology company focusing on developing gene therapy. Today the firm begins the Phase II clinical trial of a HIV vaccine in Uganda with The Uganda Virus Research Institute (UVRI) and the International AIDS Vaccine Initiative (IAVI). The announcement bring the company a step closer to mass producing vaccine for the deadly disease which infects 14 thousand people every day.
Technical
The 52 week technical chart shows weakness as stock is trading below both 50 day and 200 day moving average with MACD below 0. However KD and RSI show the stock may be ready for a rebound.
Financial
The company posted consecutive annual revenue decline and the revenue in 2005 probably will not be any better. The increase in cash probably comes from the sell of the company's common stocks as the company is still generating net loss. To trim the overhead the company cut its work force by 27% last week.Penny Stock Score (1~5) 5 is highest 1.Technical: 3 2.Financial: 2 3.Market Potential: 4 4.News Buzz: 4 Recommendation: Buy
Penny Stock Pick - NERX
Sweet New Funding Penny stock pick of the day is NeoRx Corp. (NERX), a Seattle, WA based cancer therapy products maker. It's cancer treatment product, Picoplatin, in phase 2 clinical trial stage, is to be used for curing lung cancers and colorectal cancer. For a company that has yet to have its product on the market, the best news would be funding. Today the company accounced that it has received additional $65 million in funding from MPM Capital and the positive news send the stock up 25 cents or 29.76% to $1.09 per share. Now as the stock price is above $1, the company won't need to worry about been delisted from Nasdaq.
TechnicalAlthough the current technical chart is showing that the stock is trading below both 50 day and 200 day moving average, the surge today will send the price well above both moving averages. If the surge can continue as the KD indicates, MACD may be pushed to above 0, indicating a buy.FinancialFrom the financial side, the company basically didn't earn anything for the past quarters so it has to rely on strong cash to carry it thru before the product hits the market. Additional funding of 64 million should extend the lifeline of the company to another couple of years on current rate of expense.Penny Stock Score (1~5) 5 is highest 1.Technical: 4 2.Financial: 2 3.Market Potential: 4 4.News Buzz: 4 Recommendation: Buy
Penny Stock Pick - TGC
The penny stock of the day is Tengasco Inc. (TGC), the Knoxville, TN based firm exploring oil and natural gas in Tennessee and Kansas. Yesterday the firm accounced that it has produced more oil in Kansas with gross production about 15,023 barrels in December.
From the technical chart the stock shows very strong bullish sign. First of all the stock is trading above both 50 day and 200 day moving average with both moving average pointing upwards. Then the MACD indicator is rising above 0 also indicating a buy. In addition KD line still show the stock is on the positive swing.
The insider transaction chart shows that for the past few months the top executive such as director has been purchasing the stock. In addition to that we have institution adding 8% more shares.
From the financial charts the company doesn't show revenue growth but does have reducing net loss.Penny Stock Score (1~5) 5 is highest 1.Technical: 5 2.Financial: 3 3.Market Potential: 5 4.Insider: 4 5.News Buzz: 4Recommendation: Strong Buy
