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Thursday, May 11, 2006

Penny Stock On The Move - PRTL, SPAB

  • Primus Telecommunications Group Inc. (PRTL): shares of Mclean, VA based voice over ip (VoIP) services provider surged 8% or 6 cents to 0.81 per share and additional 7.41% to 87 cents in after hour trading on successful testing and deployment of VoIP service with partner. From the technical chart MACD is showing buy signal as MACD is on top over signal line and above 0. However the long term trend is still weak as 50 day moving average is still below 200 day moving average. The buy signal is only for the short term trading for now. [Buy]
  • Spacehab In. (SPAB): shares of Webster, Texas based space station supplies provider soared 12.36% or 11 cents to $1 per share as the company began services for NASA Space Station mission. a 'Go' for NASA was authorized to begin team up with Rede to seek $17 million NASA contract. The technical chart shows the stock is getting closer to a sign of major rally as 50 day moving average close to break on top over 200 day moving average to form the bullish signal Golden Cross. In addition KD also show buy signal as K line has just crossed on top over D line. The coverage on the stock began on January 5 at 81 cents per share and has since gained 23.46%. [Buy]



Great stocks

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