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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]

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