Penny Stock On The Move - MZT, PRTL, TGC

• Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company surged 11.32% or 18 cents to $1.80 per share on high oil price. The technical chart shows the stock is in a very strong bull market as MACD is high above signal line and K line is also on top over D line. In addition the long term trend is bullish as the stock is on top of both 50 day and 200 day moving average with both movine averages going up. However as ROC is at overbought level the risk of correction has increased. The stock was covered in early February at 91 cents per share and has since gained 94.51%. [Buy]
• Matritech Inc. (MZT): shares of Newton, MA based cancer diagnostic produts maker rose 9.02% or 11 cents to near 52 weeks high of $1.33 per share. The technical chart shows the investors saw buying opportunity as the stock dropped near 20 day moving average with ROC sliding toward oversold level. Technical indicators such as KD and MACD also show buy signal as K line has just crossed on top over D line and MACD is on top over signal line. The long term trend is positive as the stock is trading upwards along with both 50 day and 200 day moving averages. The coverage on the stock began in early April. [Strong Buy]
• Primus Telecommunications Group Inc. (PRTL): shares of Mclean, VA based voice over ip (VoIP) services provider soared 15.19% or 10.8 cents to 0.815 per share on strategic alliances with telecom equipment provider. Despite weak signal from MACD in the technical chart as MACD and signal line are below 0, the investors buy on bounce back rally as K line has rose above D line while ROC is around oversold level. Nevertheless the long term trend is still weak as the stock has been trading below 50 day and 200 day MA with 50 day MA now going downward showing bearish signal. It is better to stay at the sideline and see how the stock react for the next few days as the stock has approached the pressure line of 200 day moving average. [Hold]

Penny Stocks On The Move - BPUR, NXXI, SVVS

• Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company bounced back up 13.76% or 15 cents to $1.24 per share after losing 18% in the previous session. The technical chart shows possibility of new buying opportunity as the stock came back up above 50 day moving average as ROC has dropped to oversold level and MACD signal is still above 0. If the stock can rise again then K line will be again on top of D line showing another buy signal. However if the stock dropped again, then the stock may enter into longer correction as the stock will be below 50 day moving average. Since covered on January 10 at 96 cents per share, the stock has gained 29.17%. [Hold]
• SAVVIS Inc. (SVVS): shares of Town & Country, MO based VPN(Virtual Private Network) service provider rose 7.26% or 13 cents to $1.92 per share on new deal with DRM Networks as the company's Content Studio will be bundled with DRM's digital rights management package. The technical chart shows it is a great time to buy the stock as K line has just crossed on top over D line showing buy signal while ROC is still at oversold level. In addition long term trend is still positive as both 50 day and 200 day moving averages are going up. Since covered on April 7 at $1.65 per share, the stock has gained 16.36%. [Strong Buy]
• Nutrition 21 Inc. (NXXI): shares of Purchase, NY based chromium-based nutrition products maker surged for the third straight sessions by addig 8.44% or 19.7 cents to $2.587 per share on announcement of new CEO. The technical chart shows now is a great time to buy the stock as K line has just crossed on top over D line while ROC remains low at oversold level. In addition the long term trend remain bullish as the stock is on top of 50 day and 200 day moving average with both moving averages going up. The stock was first covered on Januar 14 at $1.18 per share with a "Buy" rating and has since more than doubled with 119.24% gain. [Strong Buy]

Penny Stock Pick - SOFO

This Used To Be Penny Stock Yup! I know. This is not exactly the $1 penny stock you are looking for. However when I placed Sonic Foundry Inc. (SOFO), the Madison, WI based digital media applications maker on my penny track list around early February, it was still a stock barely on top of $1 per share. Well the stock then took me offguard and went skyrocketed all the way to $2.25 per share today, gaining more than 100% in about two months. To see why the stock has been doing so well, let's take a detail look.

Technical
The technical chart shows the stock has been in a strong bull market since March as the stock has been on top of 50 day and 200 day moving average since early March and the 50 day moving average has crossed on top over 200 day moving average around late March to form Golde Cross - a strong bull market signal. In addition MACD also indicates bull market as the MACD signal line has been on top of 0 since mid February.

Insider
From the insider transactions you should see the Chairman of the company is very bullish as he purchsed total of 96 thousand shares in February of this year betwen $1 and $1.23 per share. In addition the institutions are also bullish by adding 153,624 additional shares.

Financial
The income statement also looks bullish as the company's revenue has been growing for the past few years and went doubled in 2005 from $4.4 million in 2004 to $8.3 million in 2005. In addition the company has also reduced net loss from $5.3 million to $4.1 million. The balance sheet also looks strong as the company has far more asset than liabilities.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(Digital Media Applications): 4
2. Technical: 5
3. Insider: 5
4. Financial: 4
Recommendation: Strong Buy

Penny Stock On The Move - NXXI

• Nutrition 21 Inc. (NXXI): shares of Purchase, NY based chromium-based nutrition products maker rose 6.22% or 14 cents to new 52 weeks high of $2.39 per share as the company named Paul Intlekofer to be the new Chief Executive Officer. Investors have been bullish as the company has secured distribution for its product in Wal-Mart, Rite Aid, Albertsons, Kroger and another major drug chain. The technical chart shows the buyers are back after the stock hit 20 day moving average while ROC has hit oversold level despite weak signal from KD and MACD. Nevertheless the long term trend is still bullish as the stock is still on top of 50 day and 200 day moving average with both moving averages pointing up. The stock was first covered on Januar 14 at $1.18 per share with a "Buy" rating and has since doubled with 102.54% gain. [Buy]

Penny Stock Pick - ADL

Finding Cancer The penny stock company on the spotlight today is AMDL Inc.(ADL), the Tustin, CA based company manufacturing cancer detection products. The stock has been on a rise since mid January from 30 cents per share to 65 cents today, gaining more than 100% in three months. Let's take a closer look at the company to see if this stock is worth buying.

Technical
The technical chart shows the stock has just entered into a bull market as the stock is on top of 50 day and 200 day moving average and 50 day moving average has crossed on top over 200 day moving average in late Febrary to form Golden Cross, a very positive sign. In addition MACD also shows buy as MACD is on top of signal line. However KD is showing weakness as K line has dropped below D line which is why the stock has pulled back recently. Nevertheless the long term trend shows the stock is in bull market.

Insider
There is no insider activity recently and the institutional buying is also limited.

Financial
The financial statements show the company is still fighting for survival as the expenses($2 million) are far more than the revenue generated(68 thousands). In addition since the net loss is more than current asset, the company will need to raise cash by either financing or selling stocks.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(Cancer Detection): 4
2. Technical: 4
3. Financial: 1
Recommendation: Buy

Penny Stock On The Move - IIP, TGC

• Internap Network Services Corp. (IIP): shares fo Atlanta, Georgia based business network solution provider surged for te third straight sessions by gaining 9.09% or 11 cents to $1.32 per share on increase service and new marketing partnership. The technical chart shows the stock this is still a good time to buy the stock as K line has just crossed on top over D line and ROC has just rose from oversold level. The long term trend remains bullish as the stock is on top of 50 day and 200 day moving average with both moving averages going up. The coverage of the stock began on March 17 at 86 cents per share and has since gained 53.49%. [Buy]
• Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company soared for another 18.06% today to $1.83 per share on high oil price. The technical chart shows the stock is in a strong bull market as MACD is on top over signal line and K line is on top over D line. In addition the long term trend is still bullish as the stock is on top of both 50 day and 200 day moving average with both movine averages going up. However the risk of correction has increased as ROC is approaching overbought level. The stock was covered in early February at 91 cents per share and has since gained 101.1%. [Hold]

Penny Stocks On The Move - IIP, OTD, TGC, SVVS

• O2Diesel Corp. (OTD): shares of O2Diesel, a Newark, Delaware based clean diesel fuel technology company rose for the second straight session by adding 8.47% or 16 cents to $2.05 as investors keep pouring money into energy saving stocks. The three month technical chart shows possible rally as the stock bounced up after dropping to 20 day moving average as ROC is off overbought level with MACD signal still above 0 indicating bull market. KD remains weak as K line is still below D line yet is very close to cross on top over D line. The stock was first covered on Wednesday, April 5 at $1.32 per share and has sine gained 55.3%. [Buy]
• Internap Network Services Corp. (IIP): shares fo Atlanta, Georgia based business network solution provider also rose for the second straight day by adding 9.01% or 10 cents to $1.21 per share. The technical chart shows the stock is back to a new rally as K line has just crossed on top over D line and MACD signal is still on top of 0 indicating bull market. In addition since ROC is still at oversold leve there is plenty of room for the stock to go up for the short term. In addition the long term trend remains bullish as the stock is on top of 50 day and 200 day moving average with both moving averages going up. The coverage of the stock began on March 17 at 86 cents per share and has since gained 40.74%. [Buy]
• Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company soared 18.33% or 24 cents to $1.55 per share as the company completed 8-well drilling program on oil producing properties in Kansas. oil price tops at $70 per barrel. The technical chart shows it is perfect time to buy the stock as stock as MACD is on top over signal line and K line has just crossed on top over D line. In addition the long term trend is still bullish as the stock is on top of both 50 day and 200 day moving average with both movine averages going up. The stock was covered in early February at 91 cents per share and has since gained 70.33%. [Strong Buy]
• SAVVIS Inc. (SVVS): shares of Town & Country, MO based VPN(Virtual Private Network) service provider gained 8.07% or 13 cents to $1.74 per share prior to the first quarter earning annoucement after the market close. The technical chart shows this is a great time to buy the stock as K line is about to cross on top over D line while MACD signal remain high above 0 and ROC is still at low level. In addition the long term trend is bullish as the 50 day moving average has just crossed on top over 200 day moving average in early April. The stock was covered on April 7 at $1.65 per share. [Strong Buy]

Penny Stock Pick - HEC

Rising Oil The penny stock company on the spotlight today is Harken Energy Corp.(HEC), the Southlake, Texas based oil exploration company focusing on oil fields in the Guld Coast regions of south Texas and Louisiana. The stock has been doing well recently, surging from around 60 cents per share in early March to 95 cents per share today on hiking oil price. Let's take a closer look at the company to see if this stock is worth buying.

Technical
The technical chart shows the stock is on a rally as MACD in early to mid April top out the signal line and K line is also rising on top of D line showing buy signal. in addition the long term trend indicate the stock is in a bull market as the stock is on top of 50 day and 200 day moving average and the 50 day moving average is on top of 200 day moving average.

Insider
The insider transactions show the top executives are bullish about the company with purchases from directory, Chief Executive Officer and Treasurer. In addition, the inistitutions are also optimistic about the stock by purchasing 883,816 shares in the latest quarter.

Financial
The income statement looks promising as the company has been getting revenue growth for the past few years especially for the fiscal year of 2005 where the revenue surged for 35% compared to previous year. Another positive of the company's financial is that the company was actually generating net income of 43 million for 2005 compared to net loss of 17 million in the previous year on income from other sources. In addition another good news is that from the cash flow the company has bought back 12 million shares for 2005 indicating the company is very optimistic of the future stock price.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(Oil Exploration): 5
2. Technical: 5
3. Insider: 5
4. Financial: 5
Recommendation: Strong Buy

Penny Stocks On The Move - IIP, OTD

• O2Diesel Corp. (OTD): after another three straight sessions of correction from $2.46 on Monday to $1.64 on Thursday, shares of O2Diesel, a Newark, Delaware based clean diesel fuel technology company soared 15.24% or 25 cents to $1.89 per share, wiping out at least a day of loss. From the three month technical chart we can see that the buyers came back today as the stock dropped to 20 day moving average as ROC is off overbought level while MACD signal is still high above 0. KD remains weak as Ka line is still below D line. The stock was first covered on Wednesday, April 5 at $1.32 per share and has sine gained 43.18%. [Buy]
• Internap Network Services Corp. (IIP): after four straight down session, shares fo Atlanta, Georgia based business network solution provider bounced back 7.77% or 8 cents to $1.11 per share. The technical chart shows the investors saw the buying opportunity as the stock has dropped a little bit below 20 day moving average and ROC has dropped to oversold level while MACD signal was still above 0. Same as OTD above, KD is the weak part as K line is still below D line. The coverage of the stock began on March 17 at 86 cents per share and has since gained 29.07%. [Buy]

Penny Stocks On The Move - NERX

• NeoRx Corp. (NERX): shares of Seattle, WA based biotechnology company rose 6.09% or 7 cents to $1.22 per share with no news. The technical chart shows mix signal as K line is about to cross on top over D line indicating buy signal yet MACD and signal line have fall below 0 indicating bear market. The long term trend is neutral as the stock is currently trading between 50 day and 200 day moving average. The stock was first covered on February 3 at $1.07 per share and has since gained 14.02%.

Penny Stock Pick - AXYX

Fighting Alzheimer's The penny stock company on the spotlight today is Axonyx Inc.(AXYX), the New York based biopharmaceutical company fousing on Alzheimer's disease drugs development. After the closing bell yesterday the company said a late stage clinical trial showed its Alzheimer's disease treatment stablized brain shrinkage. The positive news send the stock up 12.95% to $1.265 today, one of the biggest gain so far this year. Let's take a closer look at the company to see if this is the right time to buy the stock.

Technical
The technical chart shows possibility of a major rally as the 50 day moving average is about to cross on top over 200 day moving average. In addition K line has just rose on top of D line indicating buy signal. If MACD signal can stay on top of 0 and 50 day moving average can break above 200 day moving average than we have a bull market coming for the stock.

Insider
There is no transaction so far this year from the company employees. The latest transactions were in June and May of last year where the directors purchased more than 200,000 shares. The institutions however were negative as they sold 14.8 million shares in the latest quarter.

Financial
The income statement looks unhealthy as the company only generate $0.4 million in revenue in 2005 compare to $2.3 million in the previous year. The $0.4 million all came in the first quarter of 2005 and there was no revenue generated for the last three quarters. Although the company is generating no revenue at the moment, it still has assets so far to sustain another few years. Looking at the third and fourth quarter of 2005, it looks as if the company is trying to get income from short term investement. In terms of Cash Flow Statement, despite having similar net loss in 2005 compared to 2004, the company still purchased 2 million shares in the fourth quarter of 2005.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(Alzheimer's Treatment): 5
2. News: 5
2. Technical: 4
4. Insider: 3
5. Financial: 3
Recommendation: Buy

Penny Stock On The Move - AAC, MDII, SPAB

• Ableauctions Inc. (AAC): shares of Canada based online auction hosting service provider rose 7.89% or 3 cents to 41 cents per share as the company announced releasing date of new version of its new Point of Sale software. The technical chart shows it is about the time to buy the stock as 50 day moving average is about to cross on top over 200 day moving to form Golden Cross, a very bullish signal. In addition KD shows buy as K line is about to crossed on top over D line. MACD however is at a critical level as the signal line has dropped back near 0. If MACD signal can stay on top of 0 than we are still in bull market. The coverage on the stock began on March 8 at 35 cents per share and the stock has since gained 17.14%. [Buy]
• MDI Inc. (MDII): shares of San Antonio, Texas based integrated security solutions provider gained 7.27% or 8 cents to $1.18 per share. The technical chart shows weakness as the stock has dropped below 50 day moving average and MACD has dropped below 0. One possible bullish signal is KD where K line has rose to D line. If K line can crossed on top over D line than we could probably be back to bull market or otherwise it may be better to stay away from the stock for now. The coverage on the stock began on December 27 at $1.05 per share and has since gained 12.38%. [Hold]
• Spacehab In. (SPAB): shares of Webster, Texas based space station supplies provider advanced 6.74% or 6 cents to 95 cents per share as the company team up with Rede to seek $17 million NASA contract. From the technical chart the long term trend is still weak as the stock is still below 200 day moving average with the moving average keeps falling. However the stock may be in a rally for the short term as K line has crossed on top over D line while MACD signal stays on top of 0. The coverage on the stock began on January 5 at 81 cents per share and has since gained 17.28%. [Buy]

Penny Stock Pick - QSC

The penny stock company on the spotlight today is Questcor Pharmaceuticals Inc.(QSC), the Union City, CA based pharmaceutical company fousing on central nervous sytem diseases treatment products. Since November of last year the stock has been on a big rally going from 50 cents in late October to $2.43 per share today, a rise of almost 400% in five months on improving financials. Let's take a closer look at the company to see if the stock is still worth buying.

Technical
The technical chart shows the stock is in a strong bull market as the stock is on top of 50 day and 200 day moving average with both moving averages going up showing the long term trend of the stock is going up. In addition technical indicators such as KD and MACD indicate buy as K line is rising on top over D line and MACD is on top over the signal line showing strength for the short term. However please wathc for ROC as it has reached overbought level.

Insider
The top executives such as CEO and vice president are bullish about the company on acquisition early this year and late last year. The institutions are slightly negative with selling of 305,129 shares in the most recent quarter.

Financial
Although the company has earned less revenue in 2005 comparing to the previous year, it got a lot of money from other sources which result in net income of $7 million comparing to net loss of $0.8 million in the previous year. As a result the company does not need to worry about cach level. The financials of the company in general is very healthy.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(nerve sytem disease treatment): 4
2. Technical: 4
4. Insider: 4
5. Financial: 5
Recommendation: Strong Buy

Penny Stock On The Move - TGC

• Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company surged 12.82% or 15 cents to $1.32 per share as oil price tops at $70 per barrel. The technical chart shows it's great time to buy the stock as stock as MACD is on top over signal line and K line is about to crossed on top over D line while ROC has fall from oversold level. In addition the long term trend is still bullish as the stock is on top of both 50 day and 200 day moving average with both movine averages going up. The stock was covered in early February at 91 cents per share and has since gained 45.05%. [Strong Buy]

Penny Stock On The Move - CVM, OTD, BPUR

• CEL-SCI Corp. (CVM): shares of Vienna, VA based potential bird flu vaccine enhancer maker added 8.6% or 10 cents to $1.26 as the stock bounced back from three straight losing session per share after reaching 52 weeks high of $1.73 on April 4. The coverage on the stock was initiated on April 3 at 82 cents, a day before the big surge to a buy rating. The technical chart shows the stock is probably still in bull market as MACD is on top over signal line and 0. Although K line has recently fall a bit below D line, the two lines are still closely together as any surge would bring K line back on top over D line showing more bullish sign. Long term trend still indicates buy as stock is on top of 50 day and 200 day moving average with both moving averages moving up.
• O2Diesel Corp. (OTD): shares of Newark, DE based clean diesel fuel technology company continued the volatile ride by soaring 22.5% or 45 cents to $2.45 per share before the annual report. However the stock plunged 65 cents in after hour on negative perception to the annual report. The technical chart is showing mixed signal as MACD indicate bull market as MACD is on top of signal line while KD and ROC still shows weak signal as K line is below D line and ROC is back at overbought level. The long term trend still looks bullish as the stock is still above 50 day and 200 day moving average with 50 day moving average crossed on top over 200 day moving average recently to form Golden Cross, a very bullish sign. The stock was first covered on Wednesday, April 5 at $1.32 per share and has sine gained 85.6%.
• Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company rose 9% or 8 cents to $1.25 per share. The technical chart looks bullish as 50 day moving average has just crossed on top over 200 day moving average to form Golden Cross, a strong bull market indicator. In addition ROC and KD show buy sinal as K line has just crossed on top over D line while ROC is now at oversold level. Since covered on January 10 at 96 cents per share, the stock has gained 30.2%.

Penny Stock On The Move - BSML, OTD, SPAB

• O2Diesel Corp. (OTD): shares of Newark, DE based clean diesel fuel technology company bounced back up 11.11% or 20 cents to $2 per share after two consecutive session of sell-off on profit taking from as much as $2.97 per share last Friday down to $1.8 per share on Tuesday. The sell-off brought the ROC down from overbought level of 2. However the technical chart is showing mixed signal as MACD indicate bull market as MACD is on top of signal line while KD line show weak signal as K line is dropping below D line. The long term trend still looks positive as the stock is still above 50 day and 200 day moving average with 50 day moving average crossed on top over 200 day moving average to form Golden Cross, a very bullish sign. The stock was first covered on Wednesday, April 5 at $1.32 per share and has sine gained 51.52%.
• BriteSmile Inc. (BSML): shares of Walnut Creek, CA based teeth whitening product maker soared 29.27% or 31 cents to $1.41 per share with no news. The technical indicator which shows strength is KD line where K line has just rose on top of D line indicating buy. However the stock is still generally weak as MACD is still below 0 while the stock is still trading below 200 day moving average. The stock may expect some resistence at $1.5 per share, the 200 day moving average. The stock was initiated on January 4 at $1.21 per share.
• SPACEHAB Inc. (SPAB): shares of Webster, Texas based space service company rose 10.96% or 10 cents to 99 cents per share. The technical chart shows possibility of new rally as K line is about to cross on top over D line indicating buy while MACD signal is still above 0. The coverage of the stock began on January 5 at 81 cents per share and the stock has since gained 22.22%

Penny Stock Pick - MZT

Better Cancer Test The penny stock company on the spotlight today is Matritech Inc.(MZT), the Newton, MA based biotechnology company focusing on cancer diagnostic technologies. The shares have been flying for the second consecutive session, up 22.81% or 26 cents to $1.4 per share today, after the company announced that its cancer detection test uncovered cnacers that standard tests didn't detect. The positive news sparked the surge as the stock went from 89 cents on April 6 to $1.4 today, rising more than 50% within a week. Let's take a closer look at the company to see if the stock is worth buying.

Technical
The technical chart shows the stock has entered into bull market as the stock is on top of 50 day and 200 day moving average with 50 day moving average in mid February crossed on top over 200 day moving average to form Golden Cross, a very bullish sign. Other technical indicators such as KD line and MACD indicate buy as K line is on top over D line and MACD is on top over the signal line. The ROC signal, however is at overbought level so may have the risk of correction.

Insider
From the recent acquisitions and purchases of shares from top executives such as vice president, secretary, chairman, CFO, we should be pretty confident that the stock should be doing well from now on. Additional purchse of 849,390 shares from institutions is just another plus.

Financial
The income statement also looks promising as the company has continuous strong revenue growth at least for the past three years. Another positive sign is net loss which had been reduced from 11 million in 2004 to 7.8 million last year. However from the balance sheet the cash has reduced to 1.8 million last December so financing may be needed.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(Cancer Test): 4
2. News: 5
3. Technical: 4
4. Insider: 5
5. Financial: 4
Recommendation: Strong Buy

Penny Stock On The Move - TGC

• Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company surged 16.67% or 17 cents to $1.19 per share. The technical chart shows possibility of new buying opportunity as stock bounced back after pulling back near 50 day moving average while both 50 day and 200 day moving average are going up. ROC has dropped from overbought level in early April after sessions of correction. Since K line is still falling below D line, we cannot confirm that the rally is back. The stock was covered in early February at 91 cents per share and has since gained 30.77%.

Penny Stock On The Move - DVW, NXXI, SVVS

• Covad Communications Group Inc. (DVW): shares of San Jose, CA based DSL and VoIP service provider surged 11.9% or 25 cents to 52 weeks high fo $2.35 per on analyst citing the company a possible take-over target. The technical chart shows a new rally has just begun as ROC has rose from oversold level while the stock is still above both 50 day and 200 day moving average. MACD show the stock is still in bull market with signal line above 0 while KD line show buy signal as K line is rising on top of D line. The coverage of the stock began on January 7 at $1.04 per share with a "Strong Buy" rating and the stock has since more than doubled with 125.96% gain.
• SAVVIS Inc. (SVVS): shares of Town & Country, MO based VPN(Virtual Private Network) service provider jumped 14.55% or 24 cents to new 52 weeks high of $1.89 per share right after the coverage on the company began last Friday at $1.65 per share. The technical chart shows it is still a good time to buy the stock as not long ago the 50 day moving average has crossed on top over 200 day moving average to form Gold Cross, a very bullish sign. In addition MACD and KD both show buy signal as MACD is on top of signal line and K line is rising above D line. However high ROC shows the stock may probably been overbought.
• Nutrition 21 Inc. (NXXI): shares of Purchase, NY based chromium-based nutrition products maker rose 7.44% or 18 cents to new 52 weeks high of $2.60 on new purchase order from a 5,000 stores national retail chain for the company's chromium products. The technical chart shows the stock is in the middle of a strong bull market as stock is on top of 50 day and 200 day moving average with both moving averages pointing up. MACD and KD also show strong buy signal as MACD is on top of signal line while K line is rising on top of D line. The only possible negative signal is ROC which has reached overbought level. The stock was first covered on Januar 14 at $1.18 per share with a "Buy" rating and has since more than double folded with 120.34% gain.

Penny Stock On The Move - OTD

• O2Diesel Corp. (OTD): shares of Newark, DE based clean diesel technology company skyrocketted 89.26% or $1.33 to $2.82 on new contract with U.S. Department of Defense to develop a new cleaner burning alternative diesel fuel. The technical chart shows the stock is now officially in the bull market as the 50 day moving average has just crossed on top over 200 day moving average to form Golden Cross, typicallhy indicating strong bull market. Other indicator such as MACD and KD also show sign of bull market as MACD is on top of sinal line and K line is still on top of D line. However ROC has rose up too quickly to overbought level and may be facing corretion soon. Nevertheless a correction will probably mean buying opportunity at current technical trend. The stock was first covered on Wednesday, April 5 at $1.32 per share and has sine gained 113.64%.

Penny Stock Pick - SVVS

The penny stock company on the spotlight today is SAVVIS Inc.(SVVS), the Town & Country, MO based information technology company which offers services such as IP VPN(Virtual Private Network), hosting and digital content. Today the stock went up 8.55% or 13 cents to $1.65 as the company is going to announce first quarter investor webcast on April 24. The news is probably not the primary reason that the stock is going up. Let's take a detail look at the stock to see what other factors are pushing the stock up.

Technical
The technical chart shows this is a perfect time to buy the stock as the stock is on top of 50 day and 200 day moving average with 50 day moving average recently crossed on top over 200 day moving average and formed Golden Cross, a very bullish sign. Other technical indicators such as KD line and MACD indicate buy as K line is rising on top over D line and MACD is on top over the signal line.

Insider
For this year there were two insider sale - one 1,860 shares and the other 57,300 shares. The institutions, however have been bullish with purchase of additional 3.4 millin shares in the most recent quarter.

Financial
The income statement looks good as the annual revenue has increased while net loss has dropped quite a bit. Although the company is still generating positive cash flow the balance sheet looks very weak as the total liabilities is larger than total asset on increasing borrowing and payable. This is generally not a good sign if the total liabilities is more than total asset.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(VPN): 4
2. News: 3
3. Technical: 5
4. Insider: 3
5. Financial: 1
Recommendation: Buy

Penny Stock On The Move - AGT, BWEB, CVM, OTD, NXXI

• Apollo Gold Corp. (AGT): shares of Greenwood Village, CO based gold mining compapny surged 14.08% or 10 cents to 81 cents per share as the company obtained the right to use a land in Mexico for future exploration of minerals. The technical chart shows the stock is in the middle of the bull market as the stock is trading above 50 day and 200 day moving with both moving average going up. In addtion ROC and MACD show buy signal as ROC has rose from oversold level recently and MACD is now on top of signal line. The coverage on the stock began on February 27 at 59 cents per share and the stock has since gained 37.29%.
• BWEB Inc. (BWEB): shares of San Jose, CA based application software maker rose 10.84% or 9 cents to 92 cents per share. The technical chart shows the stock is in a strong bull market as the stock is trading above 50 day and 200 day moving average while both moving averages are pointing up. In addition MACD and KD both show buy signal as MACD in on top of signal line while K line is on top over D line indiating market. The stock was covered on March 29 at 84 cents per share.
• CEL-SCI Corp. (CVM): shares of potential bird flu vaccine enhancer maker soared 15.2% or 19 cents to $1.44 as the stock continued the volatile trading where the stock was up 110% on Tuesday but was down 27% yesterday as the company filed bird flu vaccine enhancer patent on Tuesday. From the technical chart, although ROC shows the stock is overbought, MACD and KD indicate strong buy signal as MACD is far above signal line while K line is on top over D line. In addition the stock is trading above 50 day and 200 day moving average with the 50 day moving average going up. The coverage on CVM was initiated this Monday, April 3 at 82 cents per share and the stock has so far gained 75.61% in 3 days.
• O2Diesel Corp. (OTD): shares of Newark, DE based clean diesel technology company added 12.89% or 17 cents to $1.49. The coverage on the stock began yesterday with a buy rating as the technical chart shows possible major rally coming with 50 day moving average set to crossed on top over 200 day moving average to formed Golden Cross, a sign of strong bull market. MACD also shows buy signal as MACD is on top of signal line. The ROC however is still at overbought level meaning there's risk of short term correction.
• Nutrition 21 Inc. (NXXI): shares of Purchase, NY based chromium-based nutrition products maker gained another 9.13% or 20 cents to $2.39 after rising 7% yesterday as investors anticipate the company to ink more deals on the nutrition product. The technical chart shows the stock is in strong bull market as stock is on top of 50 day and 200 day moving average with MACD continue to stay on top of signal line showing buy signal. Another buy signal is from KD line where K line is now on top over D line. The stock was first covered on Januar 14 at $1.18 per share and has since gained 102.54%.

Penny Stock On The Move - CDSS, DVW, NXXI

• Covad Communications Group Inc. (DVW): shares of San Jose, CA based DSL and VoIP service provider surged 22.4% or 41 cents to $2.24 per share as the company sold 6.1 million shares to EarthLink for $10 million or $1.63 per share. The technical chart shows the recent drop brought new buying opportunity as ROC is back to oversold level while the stock is still above both 50 day and 200 day moving average. MACD signal and KD line show the stock is still in bull market as MACD signa lis still above 0 and K line has just crossed on top over D line showing buy signal . The coverage of the stock began on January 7 at $1.04 per share and the stock has since mre than doubled with 115.38% gain.
• Citadel Security Software Inc. (CDSS): shares of Dallas, Texas based security software maker jumped 24.56% or 14 cents to 71 cents per share as the company could be expecting a robust first quarter revenue on increased orders. From the technical chart today's action brought the stock back to bull market with stock now back above 50 day and 200 day moving average while K line is now back on top over D line with MACD signal still above 0 indicating buy signal. The stock was covered in mid February at 45 cents per share and has sinced gained 57.78%.
• Nutrition 21 Inc. (NXXI): shares of Purchase, NY based chromium-based nutrition products maker rose 7.88% or 16 cents to $2.19 as investors continue to anticipate more new deals on the company's nutrition product. The technical chart shows the stock is still in a strong bull market as stock is still on top of 50 day and 200 day moving average with MACD on top of signal line indicating buy signal. In addition K line, after dropping back to D line, seems to rise again on top over D line also showing buy signal. The stock was first covered on Januar 14 at $1.18 per share and has since gained 85.59%.

Penny Stock Pick - OTD

Clean Fuel! The penny stock company on the spotlight today is O2Diesel Crop.(OTD), the Newark, DE based company which develops fuel additive product that will allow fuels to burn cleaner. The product may be used in truck, agriculture and construction equipment, power generators or mining and forestry equipment. Today the stock surged 16.81% or 19 cents to $1.32, rising for the third straight session this week from the closing price of 78 cents last Friday. As the stock has gained 70% so far, let's take a detail look at the company to see if it is worth buying.

Technical
The technical chart shows major rally may be coming as the stock is now on top of 50 day and 200 day moving average with 50 day moving average rising. If 50 day moving average can break above 200 day moving average to form Golden Cross, then we can confirm that the stock is back to the bull market. Other technical indicators such as KD line and MACD are both bullish as K line is rising on top over D line and MACD is on top over the signal line, both showing buy signal. However ROC shows the stock is overbought so correction could be expected as the stock is approaching the Golden Cross.

Insider
The most recent insider transaction was selling of 44,667 shares back in December of 2005. The institutions, however have purchased 19,286 shares in the most recent quarter.

Financial
Since the company is still in the development stage, little revenue is expected from the income statement. The balance sheet has improved in the most recently quarter on increasing cash as the company raised more cash thru selling of stocks. There is still the risk of more stock dilution if the company is in need to raise cash to pay the quarterly operation expense about $1.7 million dollars.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(green fuel): 4
2. Technical: 4
3. Insider: 3
4. Financial: 2
Recommendation: Buy

Penny Stock On The Move - CVM, IIP

• CEL-SCI Corp. (CVM): shares of Vienna, VA based potential bird flu vaccine enhancer maker skyrocketted 110.98% or 91 cents to $1.73 per share after the company filed patent for its bird flu vaccine enhancer. The coverage on the stock was initiated on Monday to a buy rating as the technical chart shows the stock is heading for a strong bull market as the stock is trading above both 50 day and 200 day moving average with MACD and KD both showing bullish sign.
• Internap Network Services Corp. (IIP): shares fo Atlanta, Georgia based business network solution provider surged 9.71% or 10 cents to $1.13 per share. The technical chart shows the stock is back to strong bull market as MACD is at near high while KD is back at bull market as K line is back on top over D line. In addition the moving averages indicate a bull market as the stock is still trading above 50 day and 200 day moving avaerage while both moving averages are heading upward. The coverage of the stock began two weeks ago at 86 cents per share and has since gained 31.4%.

Penny Stock On The Move - TGC

• Tengasco Inc. (TGC): shares of Knoxville, TN based oil and natural gas exploration company surged 18.64% or 22 cents to $1.4 per share. The technical chart shows the stock is on a strong bull market as the stock is trading far above 50 day and 200 day moving average with both moving average moving up. Other indicators such as KD line and MACD line are also showing buy signal as K line is on top of D line and MACD is on top of the signal line. The ROC line, however indicates that the stock is overbought . The stock was covered in early February at 91 cents per share and has gained 53.85% so far.

Penny Stock Pick - CVM

The penny stock company on the spotlight today is CEL-SCI Crop.(CVM), a Vienna, VA based cancer and infectious diseases drugs and vaccines maker. Today the company announced that it's vaccine enhancer CEL-1000 could help solving potential problems on existig bird flu vaccine. The announcement lifted the stock up 12.33% or 9 cents to 82 cents per share as the company becomes pontential bird flu treatment makers. Let's take a detail look at the company to see if it is worth buying.

Technical
The technical chart shows this is a perfect time to buy as the stock has bounced back after dropping to 50 day moving average while 50 day moving average is on top of 200 day moving average. In addition both ROC and KD show buy signal as ROC has reached oversold level and K line has crossed on top over D line at low. MACD is a little bit weak as MACD is now below signal line although the signal line is still above 0.

Insider
The recent insider sales from top executive such as vice president and president shows the management team is still not very bullish of the company's outlook. In addition institutions have also sold few shares in the latest quarter.

Financial
The company's financial looks weak as the company was generating less revenue for the fourth quarter of 2005 compare with the previous quarter and the same quarter of 2004. As a result the company would end the year of 2005 with decline in annual revenue. Another negative of the company's financial is that the company has been generating huge net loss - mostly more than 10 times of revenue so the company would probably continue to rely on stock sales to maintain enough cash level.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(bird flu vaccine): 5
2. News Buzz: 5
3. Technical: 4
4. Insider: 1
5. Financial: 1
Recommendation: Buy

Scoreboard - April 2

Here are the top 10 penny stocks for the first week of April:

DVW: $1.93 +85.58% (coverage - $1.04 - 1/7/2006)
NXXI: $2.15 +82.2% (coverage - $1.18 - 1/14/2006)
BPUR: $1.36 +41.67% (coverage - $0.96 - 1/10/2006)
MDII: $1.46 +39.05% (coverage - $1.05 - 12/27/2005)
TGC: $1.18 +29.67% (coverage - $0.91 - 2/2/2006)
AGT: $0.75 +27.12% (coverage - $0.59 - 2/27/2006)
CDSS: $0.57 +26.67% (coverage - $0.45 - 2/14/2006)
NERX: $1.32 +23.36% (coverage - $1.07 - 2/3/2006)
AAC: $0.42 +20.00% (coverage - $0.35 - 3/8/2006)
NGRU: $0.53 +15.26% (coverage - $0.46 - 2/23/2006)

The best stock so far is Covad Communications(DVW), the voice-over-ip service provider which we initiated coverage on January 7 of this year with a strong buy rating. Since then the stock has surged from just a little more than a dollar per share to close to two dollar per share so far as the voice over ip market has been gaining momentum.

The second best penny stock is the nutrition product maker Nutrition 21 Inc. (NXXI), which we initiated coverage on January 14 with a buy rating after the company began to ship its product to drug retailer Rid Aid. Recently the stock has reached another new 52 weeks high as the company got new purchase order from another drug retailer Albertson. For the last week of March the stock jumped 47% from the closing price of $1.46 on Friday, March 24 to closing price of $2.15 on Friday, March 31.

The third top performing penny stock worth mentioning is biotech firm Biopure(BPUR) which we initiated on Januar 10 citing positive insider activity. The stock has gained more confidence from investors after it regained Nasdaq listing compliance in late March. The stock has gained 41% since coverage.