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Thursday, August 31, 2006

Penny Stocks On The Move - GV, ISIG, OTD

  • Goldfield Corp. (GV): shares of electrical construction and maintenance services provider rose 7.26% to $1.33 per share. The stock has been on a rally recently as K line is on top fo D line showing buy signal. The stock is back above 200 day moving average and it will probably trade in the range between $1.25 to $1.4 for a while. [Accumulate]
  • Insignia Systems Inc. (ISIG): shares of Insignia Systems surged 8.85% to $3.32 per share. The stock still looks very strong with both 50 day and 200 day moving average going up while MACD is above 0 and K line is on top of D line. This is one of a better stock to own at this point. [Strong Buy]
  • O2Diesel Corp. (OTD): shares of clean fuel company surged 11.96% to $1.03 per share. The stock has been back on uptrend since early August and now with stock back above 50 day and 200 day moving average and K line rose back above D line we will probably see more positive thing happening to the stock. [Buy]

Wednesday, August 30, 2006

Penny Stock On The Move - AXYX, CVM

  • Axonyx Inc.(AXYX): shares of Alzheimer's disease drug maker rose for the second straight day by adding another 6.3% gaine to $1.01 per share. The stock is back to bull market rally with MACD on top of 0 and K line on top of D line. However with ROC now showing stock has been slightly overbought, do expect some profit taking. [Accumulate]
  • CEL-SCI Corp. (CVM): shares of the Vienna, Virginia based bird flu vaccine enhancer maker rose 6.3% to 67 cents per share. Although the stock is rising as K line is on top of D line, since the stock has yet to break above falling 50 day moving average for few months, do expect selling pressure as it is approaching 50 day moving average. [Sell]

Tuesday, August 29, 2006

Penny Stock On The Move - ADL, AXYX, PACW, TAG

  • ADL Inc.(ADL): shares of the cancer detection products maker surged for the third straight day by adding another 14.5% to 63 cents per share. Now with MACD back above 0 and stock back above 50 day and 200 day moving average, we are now back to bull market and it is probalby a good time to consider buying the stock. [buy]
  • Axonyx Inc.(AXYX): shares of Alzheimer's disease drug maker surged 10.5% to 95 cents per share. The rising KD has carried the stock back above 200 day moving average. In additon with MACD now on top of 0 the stock is now ready to be back to bull market rally. [buy]
  • PAC-WEST Telecom(PACW): shares of telephone service provider for the western United States rose 10% to 54 cents per share. The stock has been rising as K line is on top over D line. However with MACD still trading below 0, the stock may encounter some resistence around 50 day moving average. If the stock do drop the next day, expect more sells coming from the stock. [Hold]
  • Tag-It Pacific Inc. (TAG): coverage of the cloth zipper maker began earlier this month at 71 cents per share. So far the stock has gained 65% to $1.17 per share and on Tuesday soared 15.84%. The stock is in a very strong bull market with MACD on top of signal and K line on top of D line, both showing buy signal. ROC is still showing the stock is overbought, so the risk of profit taking has increased. [Hold]

Penny Stock On The Move - ADL

  • ADL Inc.(ADL): shares of the cancer detection products maker soared 25% to 55 cents per share. The stock previously was trading at the support at 40 cents per share while ROC showing the stock is slightly oversold which probably attract buyers. The stock has chance to back to rally as K line is now back on top over D line. However with MACD still showing weak signal and stock back to resistence it's better to stay on the sideline now until the buy signal is more clear. [Hold]

Sunday, August 27, 2006

Penny Stocks On The Move - BPUR, GV, MDII, TAG

  • Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company gained 9.2% to 95 cents per share. The rise brought K line above D line indicating a rally. However with stock still below 50 day and 200 day moving average and MACD still below 0, we could still see selling pressure when the stock is getting closer to 200 day moving average. [Hold]
  • Goldfield Corp. (GV): shares of electrical construction and maintenance services provider surged 11.43% to $1.17 per share. The stock has been on downtrend since mid May when it hit 52 weeks high of $2.84 per share. With stock trading below 50 day and 200 day moving average with MACD below 0, it is still in weak bear market so do wait for uptrend coming back before buying the stock. [Hold]
  • MDI Inc. (MDII): shares of security solutions provider rose 8.77% to 62 per share on new product distribution agreement with Northern Video System. Although the stock has been in weak market for the past few months, recent surges shows the stock is back on uptrend on rising MACD and KD. With MACD now barely hit above 0, we probably will see more positive action coming from the stock. [Strong Buy]
  • Tag-It Pacific Inc. (TAG): coverage of the cloth zipper maker began last week at 71 cents per share. So far the stock has gained 44% to $1.02 per share and on Friday alone soared 15.91%. The stock is now in a strong bull market with MACd on top of signal and K line on top of D line, both showing buy signal. Although ROC is showing the stock is slightly overbought, it is not yet the time to leave as the stock may continue to go up. [Buy]

Thursday, August 24, 2006

Penny Stocks On The Move - ALAN, ONT, SMD

  • Alanco Tech Inc. (ALAN): shares RFID technology company soared 20.7% to 64 cents per share on wireless tracking system contract for $10 million. Although K line is on top of D line showing buy signal, with MACD still below 0 indicating bear market the stock may encounter sell pressure as it is now at $200 day moving average. [Hold]
  • On2 Technologies Inc. (ONT): shares of video codec software maker rose 9.4% to 70 cents per share. The stock has been hovering around 50 day moving average for a month but now with K line crossed on top of D line and stock rose above 50 day moving average there's a chance of new rally. The stock is still in bear market with MACD below 0 so more heavy buying would come once MACD is back above 0. [Accumulate]
  • Singing Machine Co. Inc. (SMD): shares of karaoke equipment maker surged 10.3% to 32 cents per share. The stock has been on down trend since mid July and has also entered into bear market in August with MACD dropped below 0. Today's surge bring the stock back near 200 day moving average so it is a good time to wait before making any investment decision.. [Hold]

Wednesday, August 23, 2006

Penny Stocks On The Move - AAC, VRA

  • Ableauctions Inc. (AAC): shares of online auction hosting service provider surged 14.3% to 24 cents per share as the company. The stock is still in weak market as MACD is still below 0 and 50 day moving average is below 200 day moving avaerage. This is still not a good time to buy the stock as it is still in downtrend. [Sell]
  • Viragen Inc. (VRA): shares of Plantation, Florida based biopharmaeutical company on treatment of cancers surged 20% to 42 cents per share. The technical chart shows the stock has been on a rally as K line is on top of D line. There is a chance that the stock could be back to bull market as MACD is getting very close to 0. [Accumulate]

Tuesday, August 22, 2006

Penny Stock Pick - ISON

The penny stock on the spotlight today is Isonics Corp. (ISON), the Golden, Colorado based chemicals maker for devices used in explosives detection. Ealier this month the stock began to attract more investors on possible bomb attack on Britan to US bound airplanes. In addition looking at the company in more detail you should see that the penny stock is a can't miss in the portfolio.

Technical
The technical chart shows the stock is back to bull market as MACD is back above 0. KD is slightly weak as K line is back below D line. But there's a possibility that K line may back above D line again indicating buy signal. Although the stock is still below 200 day moving average, the stock since late July has been on a uptrend and may be back to 200 day moving average.


Insider
There is only one transaction from the magement and it is from the director with purchase of 1,141 shares. The institutions have been really bullish and added 14% or 644,021 shares in the latest quarter.

Financial
The financial show bullish sign as the company is expected to report 260% increase in revenue for its semiconductor products and services segment for the quarter ended July 31, 2006. In addition the company is expected to report a huge reduction in net loss of $200,000 for the same quarter compared to net loss of $2 million in the quarter of previous year. With the demand rising on more security concerns we should see more positive financial statement from the company in the future.


Penny Stock Score (1~5) 5 is highest
1. Market Potential(security): 5
2. Technical: 3.5
3. News: 5
4. Insider: 4
5. Financial: 4.5
Recommendation: Buy

Sunday, August 20, 2006

Penny Stock Pick - TAG

The penny stock on the spotlight today is Tag-It Pacific Inc. (TAG), the Woodland Hills, CA based cloth zippers maker. The recent strong quarter result and bullish insider buying makes the penny stock a can't miss. Let's take a look at more detail about the stock.

Technical
The technical chart looks positive as 50 day moving average has crossed on top of 200 day moving average around June to form Golden Cross. Although MACD and KD haven't show any bullish sign rally should come any time.


Insider
The management team has been very very bullish about the stock and all transcations are stock purchases from CEO, COO, Director and CFO. The institutional players are a little bearish about the stock and has sold 26,409 shares in the latest quarter.

Financial
The most recent quarter showed really bullish sign as the company swung into net income of $655,000 compared to net loss of $12.5 million in the same quarter of previous year. In the first quarter of this year the company also had reduced net loss quite a bit compared with previous year.


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

Thursday, August 17, 2006

Penny Stocks On The Move - AAC, NXXI

  • Ableauctions Inc. (AAC): shares of online auction hosting service provider surged 13.6% to 25 cents per share as the company hosted auction on Hurricane Ivan and Katrina Disaster Clean-up Equipment. Although K line appears to be ready to cross on top over D line, the stock is really weak with MACD below 0 and 50 day moving average below 200 day moving avaerage. Therefore unless there's more clear sign from KD, this is not yet a good time to consider the stock. [Sell]
  • Nutrition 21 Inc. (NXXI): the chromium nutrition product maker showed sign of recovery as it rose 7.81% to $2.07 per share. The stock is now back to bull market rally with MACD above 0 and rising KD. The stock is now around the resistence at $2 and the next level is at $2.5. [Strong Buy]

Wednesday, August 16, 2006

Penny Stocks On The Move - ADL, OTD, PACW, QEE

  • ADL Inc.(ADL): shares of the cancer detection products maker soared 14% to 48 cents per share as the company announced second quarter result. The stock is still in a weak market with MACD still below 0. If the stock can hold the support around 40 cents we may see another short rally with K line still on top of D line. [Accumulate]
  • O2Diesel Corp. (OTD): shares of clean fuel company soared 20.24% to $1.01 as Johnson County Transit which uses O2Diesel's clean fuel technology received Innovative Service Initiative of the Year Award. The stock is now back to uptrend with K line on top of D line and support level rising. [Accumulate]
  • PAC-WEST Telecom(PACW): shares of telephone service provider for the western United States surged 10% to 43 cents per share. The stock has been rising recently on bargain hunting as ROC hit oversold level not long ago. With MACD still below 0 the stock is still in bear market so wait until the stock reverse back to uptrend before you buy the stock. [Sell]
  • Queenstake Resources Ltd. (QEE): shares of the gold mining company rose 6% to 35 cents per share. The current technical trend shows the stock could be tracing in tight range between 50 day and 200 day moving average for another week or two. Once both moving averages converges we will then see more movement coming from the stock. [Hold]

Penny Stocks On The Move - CHTR, ISIG, SOFO

  • Charter Communications Inc.(CHTR): shares of the cable tv company gained 6.25% to $1.36 per share. The technical chart is showing a very bullish sign with 50 day moving average is about to cross on top over 200 day moving average to form Golden Cross. In addition with MACD on top of 0 and K line on top of D line we have multiple indicators showing the stock is on the path to go higher. [Strong Buy]
  • Insignia Systems Inc. (ISIG): shares of Insignia Systems soared 15.3% to $2.79 per share after the stock almost touched 50 day moving average in the previous session and ROC on oversold level. Now with K line about to cross on top over D line again while MACD is still above 0, we should see new bullish rally coming. [Strong Buy]
  • Sonic Foundry Inc. (SOFO): shares of digital media applications maker rose 9.47% to $2.08 per share. The technical chart shows the stock is in the rally with K line rising on top over D line. Now with MACD back above 0 and stock back above 50 day moving average, we should see a lot more positive move from the stock. The coverage on the stock began on April 27 at $2.25 per share. [Strong Buy]

Thursday, August 10, 2006

Penny Stocks On The Move - CGR, MCZ

  • Claude Resources Inc. (CGR): shares of the Saskatoon, Canada based gold, oil and gas company rose 8.06% to $1.34 per share. The chart shows the stock is still in uptrend with 200 day moving average still rising. Since KD is still rising and MACD is on top of 0 so the stock could still go up more. [Buy]
  • Mad Catz Interactive Inc. (MCZ): shares of San Diego based video game accessories maker surged 14.7% to 39 cents per share on improving net sales and gross margin. From the chart it looks like the uptrend is coming as the current base in finally higher than the previous base and may end the year long downtrend. In addition with MACD getting closer to 0 the bull market may soon come. [Buy]

Wednesday, August 09, 2006

Penny Stocks On The Move - FCSE, ISIG, NXXI, UDW

Penny Stocks On The Move - ALAN, LOUD, OTD

  • Alanco Tech Inc. (ALAN): shares of Scottsdale, Arizona based RFID technology company rose 7.4% to 58 cents per share. Despite delisting worries, buyers are back after the stock hit the support at 50 cents per share recently with KD began to rise indicating new rally. However with MACD still below 0, don't expect too much from the rally as the stock is still in the bear market. [Hold]
  • Loudeye Corp. (LOUD): the Nokia buyout send the the Seattle based B2B digital media services provider up 144% in one day from $1.77 to $4.33 per share. The stock is now back to the level at the beginning of the year. The buyout is valued $4.5 per share so there's no reason to keep buying unless the deal fall apart.
  • O2Diesel Corp. (OTD): good news finally came to the Newark, DE based clean diesel technology company as shares soared 28% to $1 after the company received $1 million in funding from U.S. Department of Energy. Buyers saw great opporutnity as the stock reached support around 70 cents per share with ROC at still at oversold level. Now that K line has crossed on top over D line, do expect some rally going for the stock. [Accumulate]

Sunday, August 06, 2006

Penny Stocks On The Move - NXXI

  • Nutrition 21 Inc. (NXXI): the chromium nutrition product maker showed sign of recovery as it rose 6.6% to $1.61 on Friday. Although the stock is still in the downtrend, it appears that the new uptrend is coming as the most recent support at $1.5 is higher than the previous support around $1.3. If the stock can break the resistence at $1.7 and form the bullish "W" shape then it's about time to buy the stock back. [Accumulate]

Thursday, August 03, 2006

Penny Stocks On The Move - ADL, GV, PRGX

  • ADL Inc.(ADL): on Monday we gave the Tustin, CA based cancer detection products maker a Hold rating as the stock is at a critical point. Today the stock rose 9.52% to 46 cents per share and has broke the downtrend with KD keeps rising. The stock should keep going up at least till it hit the resistence around 50 cents per share. [Accumulate]
  • Godfield Corp. (GV): shares of electric service company gained 9.77% to $1.46 per share. Now that K line is on top of D line the stock should be expected to go higher. However since MACD is still weak there will be some pressue at 50 day MA or $1.5. [Accumulate]
  • PRG-Schultz International Inc. (PRGX): shares of the Atlanta, Georgia based accounting services provider surged 14.28% to 40 cents per share. The technical chart shows the stock is rising as K line is on top over D line showing buy signal. However unless the stock can break above 50 day moving average, don't expect too much going from the stock. [Hold]