Penny Stock On The Move - ADL, FCSE, QEE, TGC

• ADL Inc.(ADL): shares of the Tustin, CA based cancer detection products maker soared 13.16% to 43 cents per share after the company completed data gathering requested by FDA. The technical chart shows possible new rally as K line has just crossed on top of D line. However since the stock is in a steep downtrend wait for the trend to be broken before buying the stock. [Hold]
• Focus Enhancements Inc. (FCSE): shares of the video technology company rose 6.48% to $1.15 per share after the company regained compliance with Nasdaq listing requirements. The technical chart is showing possible buying opportunity as K line is about to cross on top over D line again while MACD is still above 0 showing bull market. In addition since ROC is still low, the stock should attract more buyers. [Buy]
• Queenstake Resources Ltd. (QEE): shares of the Denver, Colorado based gold mining company surged 9.68% to 34 cents per share. The technical chart shows new rally has begun as K line has crossed on top of D line. In addition since ROC is still at oversold level so do expect more buyers to come. However since the stock is still in downtrend do expect selling pressure coming when the stock reached 50 day moving average. [Accumulate]
• Tengasco Inc. (TGC): shares of the Knoxville, TN based oil and natural gas company rose 6.72% to $1.27 per share. The technical chart shows the rally is due to K line rising on top of D line. Tomorrow is a critical point as the stock is back at 50 day moving average. If the stock can continue to go up then it's a good time to buy as the stock will be back to bull market again. Therefore keep waiting for now before making decision. [Hold]

Penny Stocks On The Move - PLC

• PLC System Inc. (PLC): shares of the Franklin, Massachusetts based medical device maker which we began coverage in mid March with Strong Buy rating surged 9.2% to 95 cents per share after the company swung to net income for the second quarter compared to net loss in the same quarter of previous year. So far the company has earned net income of $1.4 million this year. The stock is now back to bull market rally as K line is again on top of D line while MACD signal is still on top of 0. In addition since ROC is still low the stock should continue to go up for a while. [Strong Buy]

Penny Stocks On The Move - BSML, TGC

• BriteSmile Inc. (BSML): shares of Walnut Creek, CA based teeth whitening company rose 6.61% to $2.84 per share. The technical chart shows this is probably the time to buy the stock as K line is about to cross on top of D line with stock bouncing back up after hitting 50 day moving average. This new rally should at least pushed the stock back to current ceiling of $3.2 per share. Since the coverage began on BSML on January 4, the stock has gained 134.71%. [Strong Buy]
• Tengasco Inc. (TGC): shares of the Knoxville, TN based oil and natural gas company surged 7.08% to $1.21 per share. The technical chart shows new rally is coming as K line has just crossed on top of D line. The rally may be short as the stock faces potential pressure near 50 day moving average. However if the stock break above 50 day moving average and brings MACD above 0, the stock could be back to bull market again. So for now it is better to wait and see what happen for the next few days before making any decision. [Hold]

Penny Stock Pick - HCTL

The penny stock on the spotlight today is Healthcare Technologies Ltd. (HCTL), the Israel based company developing diagnostic test kits. For the past 52 weeks the stock has been bouncing up and down between 50 cents to 85 cents per share. The company in May reported net income of $352 thousands for the first quarter, doubled the net income of the same quarter of previous year. The news helped the stock surged 100% from 58 cents per share to as high as $1.08 per share the next day. Although the stock were back to 79 cents per share on profit taking, the technical chart actually shows it may be the time to buy as the stock is back near 50 day moving average. The 50 day moving average in mid June has crossed on top over 200 day moving average to form Golden Cross and had made the stock a better choice as it is now in bull market.

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

Penny Stock Pick - SMD

The penny stock on the spotlight today is Singing Machine Co. Inc. (SMD), the Coconut Creek, Florida based karaoke equipment maker. Although the stock has been at the lowest level in five years, it has been back to positive side since July, gaining almost 100% in a month as the company received new investment of 3 million. The investment helped the company and could also helped the stock for the long term. Let's take a look at more detail to see if the stock is worth buying.

Technical
The technical chart looks really positive as 50 day moving average has just crossed on top of 200 day moving average to form Golden Cross. In addition with MACD on top of 0 showing bull market and KD at high level the stock should kept going for now.

Insider
There has been no insider sale or purchase recently yet the institutional players have sold 315,875 shares or about 46% in the latest quarter - not a very good sign.

Financial
The revenue kept slipping for the past few years and was at low level in the latest quarter. Although net loss has dropped a little bit yet the company still need to borrow money to maitain healthy cash level.

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

Penny Stocks On The Move - ALAN, DVW, GV, MCZ

• Alanco Tech Inc. (ALAN): shares of Scottsdale, Arizona based RFID technology company surged 10.2% to 54 cents per share. The reason for the stock to go up is not only the strong market but also due to low ROC which is at oversold level. In addition with K line ready to cross on top over D line there is chance of new rally. However this is not the stock to hold for the long term as the stock price is below 200 day moving average and MACD is below signal indicating sell.[Accumulate]
• Covad Communications Group Inc. (DVW): shares of San Jose, CA based voice over ip service provider rose 7.7% to $1.68 per share. From the technical chart it looks like the stock is ready for another rally as K line is about to cross on top over D line and the stock has bounced up after hitting 200 day moving average. In addition low ROC at oversold level should attracts buyers. However the stock is still in bear market as MACD is below 0 so the stock may continue to go down once it hit 50 day moving average near $2 per share. [Accumulate]
• Godfield Corp. (GV): shares of electric service company rose 7.6% to $1.42 per share. This surge came after the stock hit 200 day moving average and may trigger new rally with K line ready to cross D line. However since MACD is in negative territory as it has dropped below 0 this is not the time yet to buy the stock for long. However short term trader should be able to squeeze some profit off the supposedly short rally. [Accumulate]
• Mad Catz Interactive Inc. (MCZ): shares of San Diego based video game accessories maker gained 9.37% to 35 cents per share. Since the stock is still on a down trend with MACD below 0 there is no reason for the long player to buy the stock. For the short term player who buy the stock due to rising KD a good selling point would be when the stock reached 40 cents per share. [Sell]

Penny Stock On The Move - FCSE

Focus Enhancements Inc. (FCSE): last Friday we gave a Strong Buy rating to Campbell, CA based video technology company as the technical chart shows bullish signal. On Wednesday the stock surged 11% to $1.22 per share while technical indicators still show the stock will continue to go up. MACD shows buy signal as MACD rising above signal line and KD is also showing buy signal with K line now above D line. In addition since ROC hasn't reached overbuy level yet there's still plenty of room for the stock to go up. [Strong Buy]

Penny Stocks On The Move - ISIG, NXXI

• Insignia Systems Inc. (ISIG): shares of Maple Grove, Minnesota based in-store advertising company surged 8.23% or 20 cents to $2.63 per share. Earlier this month when the stock is about to top $3 per share, we issued a cautious comment that the stock was overbought at the time and may experience correction. Since then the stock has dropped back and is now trading at near $2.5 per share. The correction helped ROC to cool down a little bit and is now at more reasonable buying point. Since MACD is still above 0 and K line is about to cross on top over D line again, this is actually a good time to get back into the high flying advertising company again. [Buy]
• Nutrition 21 Inc. (NXXI): those of you who bought the chromium nutrition product maker when we recommended it to buy on Sunday have probably reached their monthly or even annually investment return of 16% as the stock soared 16.32% or 23 cents on Monday to $1.64 per share. As we mentioned earlier, the stock reaching 200 day moving average while ROC was at oversold level is the reason why buyers were rushing back in the last two hours of trading. Now that K line is on top of D line indicating buy signal, do expect the stock to go much higher and test the 50 day moving average at around $1.79 per share. [Buy]

Penny Stocks On The Move - ADL, NXXI

• ADL Inc.(ADL): shares of the Tustin, CA based cancer detection products maker rose 7.69% to 56 cents per share. From the technical chart it shows this is a great time to buy the stock as rally is about coming with stock bounced back up after hitting 200 day moving average while K line is about to cross on top over D line. Moreover ROC is still at oversold level meaning bargain hunters would have the stock under their radar. The stock is still weak as MACD and signal are below 0 but the rally should bring the stock to at least 70 cents per share. [Buy]
• Nutrition 21 Inc. (NXXI): looks like finally its about the time to buy the hard hammered chromium-based nutrition product maker. The stock on Friday gained 5.22% to $1.40 per share as the stock is approaching the 200 day moving average. Although MACD is below 0 showing the stock is in bear market, since K line is about to cross on top over D line and ROC is at oversold level, this would be a great time to buy the stock for investors who want to gain maximum profit. [Accumulate]

Penny Stocks On The Move - FCSE, SIGA

• Focus Enhancements Inc. (FCSE): despite intensified conflict in the Middle East which pushed oil price to record $78 per shaer and sank the stock market to second straight day of huge losses, Focus Enhancements still managed to rise for second straight day to $1.13 per share. In the previous articles, we gave the stock a Strong Buy rating as technical indicators show buying opportunity. So far the technical chart is still showing buy signal with stock trading above 50 day and 200 day moving averages with MACD on top of signal line and K line on top of D line. In addition since ROC is still low, do expect the stock to continue to go up for a while. Any drop just means better buying opportunity. [Strong Buy]
• Siga Technologies Inc. (SIGA): despite a weak market, shares of New York based biological warfare defense drug maker manged to surge 12.7% to $1.24 per share as the company successfully completed the human clinical safety trial of its smallpox drug. The technical chart shows mix signal as KD shows rally's coming with K line rising on top of D line while MACD show weakness with MACD and signal below 0. Since ROC is at oversold level we are expecting the stock to go up slowly with accumulation from bargain hunters while the weak hand may continue to sell. For bigger reward now is the time to take some risk and buy the stock. [Accumulate]

Penny Stocks On The Move - FCSE, ILC

• Focus Enhancements Inc. (FCSE): although the market was hard hit with soaring oil price, the Campbell, CA based Focus Enhancements, a chip maker for portable media playeer was actually enjoying one of the finest day recently as the shares surged 8% to $1.07 as the company rised second quarter and annual outlook on business from portal medial palyer. Last week we already raised the rating of Focus Enhancements to Strong Buy as the technical chart shows buy signals. So far the technical indicators still showing very positive signal with MACD on top of signal line and K line still on top of D line while the stock is trading above 50 day and 200 day moving average. Moreover with ROC still running low the rally is still far from over. Therefore we are still bullish on FCSE despite the weakness in overall market. [Strong Buy]
• illinc Communications Inc. (ILC): shares of Phoenix, Arizona based collaboration software maker soared 12.5% to 54 cents per share. The technical chart shows bargain hunters were back as ROC is at oversold level with stock price falling back near 50 day moving average. Although MACD is a bit weak as MACD is below signal line, with K line now about to cross on top over D line, do expect new rally to come very soon. [Buy]

Penny Stock Pick - XPO

The penny stock on the spotlight today is Express-1 Expedited Solutions Inc. (XPO), the Buchanan, MI based transportation and logistics services provider. Althoguh there were no major headines recently, recent trend is showing the stock is on a rise since tanking to new low of 50 cents around May of last year. Let's take a detail look at the stock to see if this is the stock you want to buy.

Technical
The technical chart shows positive sign as 50 day moving average is on top of 200 day moving average with stock trading above both moving averages. MACD also show bullish signal as MACD is above signal line. However ROC and KD are somehow weak as ROC is at overbuy level and K line may drop below D line.

Insider
Recently from the insider chart 26,000 shares were on the buy side while 30,000 shares were on the sale side. The buys came from the top management such as director and president while most sale came from the beneficial owner. With the company's management team bullish on the stock, we can be pretty sure that they won't try to mess up the stock performance.

Financial
The income statement show some weakness as the company has earned less revenue from $42 million in 2004 to $39.8 million in 2005. Moreover net loss has increased from $3.2 million to $5.8 million, also a negative sign. However the recent two quarters were showing positive sign as the company actually reversed to net income in the fourth quarter of 2005 and the first quarter of 2006 which is why the company has not sell stocks or borrowing money recently despite low cash level.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(transportation/logistic): 3.5
2. Technical: 4
3. Insider: 4
4. Financial: 3.5
Recommendation: Buy

Penny Stocks On The Move - ATA, FCSE, IIP

• FOCUS Enhancements Inc. (FCSE): after almost an year and half finally we have another research firm begins paying attention to the digital media company. The firm, Roth Capital, began coverage with a buy rating and is the third research firm to cover the stock. The news lifted the stock 9.69% to $1.02 per share. The technical chart shows this is the time to place your bet here as many technical indicators show buy signal. MACD and the signal line, for instance are back above 0 indicating Strong Buy signal. Another one KD show buy signal as K line is again on top of D line. In addition the stock is back above 50 day moving average again - another positive sign. As ROC is still low we are recommeding a heavy buy for the stock. [Strong Buy]
• Internap Network Services Corp. (IIP): nothing really is igniting the Friday's 7.45% surge of the Atlanta based business network solution provider except ROC being at oversold level and KD at low level probably attracted bargain hunters. The stock hss trading in between 50 day and 200 day moving average since June so the stock still may go either direction. The MACD show weak signal as it is below 0 if the stock is to go up next week it would be due to bargain hunting. However for buyers who can take risk for bigger reward, this is the time to get in. [Accumulate]

Penny Stocks On The Move - ADL, ISIG

• AMDL Inc.(ADL): shares of the Tustin, CA based cancer detection products maker on positive report of the company's cancer detection product. From the technical chart it looks like enw rally is coming as K line is about to cross on top over D line. Moreover with ROC at oversold level the stock would also attract bargain hunters. The stock however is still in bear market as MACD signal is still below 0. Nevertheless this is about the time to buy the stock. [Buy]
• Insignia Systems Inc. (ISIG): the surge still looks unstoptable for the Maple Grove, Minnesota based advertising company as it soared 12.87% to another new 52 weeks high of $3.07 per share. The stock has already gained 200% since te rally began in mid April around $1 per share and has gained 119% since the coverage of the stock began in early June at $1.4 per share. Although the technical indicators show the stock is in a very strong bull market and MACD is on top of signal line and KD is above 80, ROC is also at 52 weeks high showing the stock is way overbought and could trigger correction at anytime. If you haven't bought the stock yet we would recommend to stay away from the stock for now. [Hold]

Penny Stock On The Move - CHTR, TGC

• Charter Communications Inc.(CHTR): shares of the cable tv company gained 6.3% to $1.18 per share after Citigroup upgraded the stock to Buy saying the company is poised for a turnaround. The technical side also shows the stock is poised for a rally as K line is on top of D line. Although MACD is a little big weak as it is still below 0, yet it is so close to 0 that any rally should easily bring it back to bull market above 0. [Strong Buy]
• Tengasco Inc. (TGC): shares of the Knoxville, TN based oil and natural gas company rose 5.4% to $1.36 per share as the company completed new financing of $50 million credit line. The stock continued the rally as K line is still on top of D line. As the stock is getting closer to 50 day moving averager and MACD is getting closer to 0, there's the chance that the stock can go back to bull market. [Buy]

Penny Stock Pick - ILC

Web Conferencing On Recovery The penny stock on the spotlight today is Ilinc Communications Inc. (ILC), the Phoenix, Arizona based Web conferencing software maker. Since the stock reached multi-year low of 15 cents in October of last year, it has been on a rise since, reaching as high as 65 cents per share in June. Although the overall weak market send the stock back to 47 cents per share recently, it is still a 200% gain in a little more than six months. Recently the company reported strong fourth quarter and year result which shows the stock is defintely on a strong recovery and could be heading higher. Let's take a detail look at the stock to see if this is the stock you want to hold.

Technical
The technical chart shows very positive sign for the long trend as 50 day moving average has crossed on top over 200 day moving average in late January to form Golden Cross - a very bullish signal. In addition now that stock is back near 50 day moving average with ROC at oversold level, buying opportunity for the stock may come very soon if K line can rise back above D line.

Insider
There has been no purchases or sales from top executives this year. The institutions however were bearish about the stock as they have sold all the shares in the latest quarter.

Financial
The income statement is showing promising sign as the revenue for 2006 has jumped 21% to $12.5 million compared with previous year. In addition net loss had reduced down to $1.2 million compared to $5.3 million in the previous year. The cash flow statement looks ok as the company used positive cash flow from operation to pay back some of the loans.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(web conference): 5
2. Technical: 4
3. Insider: 2.5
4. Financial: 5
Recommendation: Buy

Penny Stocks On The Move - CAU, CGR, ISIG, LOUD

• Canyon Resources Corp. (CAU): despite a shortened trading day shares of the Golden, Colorado based gold mining company still managed to gain 8.91% or 9 cents to $1.1 per share. Since the June sell-off which hammered the stock from 52 weeks high of $1.44 to below $1 per share, the stock has been rising gradually as bargain hunters saw buying opportunity as ROC was at oversold level. In addition now that K line is on top of D line indicating new rally, more buyers should come. The stock is still weak as MACD is below 0 but should improve as the stock is now back above 50 day moving average. [Buy]
• Claude Resources Inc. (CGR): shares of the Saskatoon, Canada based gold, oil and gas company gained 7.87% to $1.37 per share. Since dropped near 200 day moving average of $1 in mid June the stock has been on a rally as K line is rising on top over D line with ROC climbing away from oversold level. The stock is now back to a bull market as MACD is back above 0 and the stock is back above 50 day and 200 day moving average. At this point more buyers should come in. [Strong Buy]
• Insignia Systems Inc. (ISIG): the Maple Grove, Minnesota based Insignia, an advertising service company continued its rally on Monday as shares gained another 12.17% or 28 cents to 52 weeks high of $2.58 per share. The stock is still in a very strong bull market as both 50 day and 200 day moving average are rising with MACD on top of signal line and KD at 80. However since ROC is at overbought level there is risk of correction. The coverage of the stock began in early June at $1.4 per share and the stock has since gained 84.29%. [Accumulate]
• Loudeye Corp. (LOUD): last week we gave the Seattle based B2B digital media services provider a Buy rating as the technical indicators show the stock has been in a rally. On Monday the stock surged 20% or 45 cents to $2.7 per share and is now getting closer to the 50 day moving average. So far KD still show buy signal as K line is still on top of D line. However since ROC is approaching overbought level and the stock is near 50 day moving average there is a chance that the rally may end soon when the stock touched 50 day MA. [Accumulate]

Penny Stocks On The Move - BSML, FCSE, ISIG

• BriteSmile Inc. (BSML): earlier in June the Walnut Creek, CA based teeth whitening company soared to 2006 high on bid from futuredontics. Since then the profit taking has send the stock to below $2.5 per share. On Friday the buyers are back after seeing ROC dropped to oversold level and send the stock up 21.99% or 53 cents to $2.94 per share. The surge brought K line back to D line and has the chance to start new rally again. The indicator to watch for now would be KD which will determine the direction of the stock. Since the coverage began on BSML on January 4, the stock has gained 141.98%. [Hold]
• FOCUS Enhancements Inc. (FCSE): shares of the Campbell, CA based video technology company surged 12.64% to 98 cents per share, getting right back to 50 day moving average. With MACD rising near 0 and K line again at D line, any surge for the next few day should bring the stock back to bull market. [Accumulate]
• Insignia Systems Inc. (ISIG): one of the hottest penny stock recently belongs to the Maple Grove, Minnesota based Insignia, an advertising service company which has gone almost doubled in June. On Friday the stock jumped 17.95% or 35 cents to 52 weeks high of $2.3 per share after court authorizes the company to proceed with an antitrust lawsuit. The stock looks really strong as both 50 day and 200 day moving average are rising with MACD on top of signal line and KD at 80. The coverage of the stock began in early June at $1.4 per share and the stock has since gained 64.29%. [Hold]