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Thursday, March 02, 2006

Penny Stocks on the Move - March 2

  • AXM Pharma Inc. (AXJ): shares of Las Vegas, Nevada based diabetes drug maker skyrocketted 25 cents or 64.06% to 64 cents per share after the company announced that it has received funding worth $1.2 million US from Shenyang Municipal Government, the northearstern part of China. 1.1 million shares have exchanged hands, about 10 times the shares traded in the previous session.
  • Citadel Security Software Inc. (CDSS): shares of Dallas, Texas based security software maker rose 3 cents or 5.88% to 54 cents per share. Last Thursday the stock went as high as 85 cents per share. Since the coverage began in mid February at 45 cents per share, the stock has gained 20%.
  • Covad Communications Group Inc. (DVW): shares of the San Jose, CA based voice over ip (VoIP) service provider surged 10.85% to $1.43 per share as its Senior Vice President has been appointed to the Governing Board of the California Technology Fund which will be used to achieve state-wide access to broadband services in California by 2010. The stock has gained 37.5% since the coverage started in early January at $1.04 per share.

7 Comments:

Anonymous PENNY STOCK INVESTMENTS said...

Excellent moves

10:24 AM  
Anonymous PENNY STOCK INVESTMENTS said...

Excellent moves

10:24 AM  
Anonymous PENNY STOCK INVESTMENTS said...

Excellent moves

10:25 AM  
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