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Tuesday, October 31, 2006

Penny Stock On The Move - ADL, CYTR

  • ADL Inc.(ADL): shares of the cancer detection products maker soared 23.95% to $4.71 per share. The technical chart shows the stock is about to be back to strong bull market as 50 day moving average is about to cross on top over 200 day moving average. In addition MACD is still above 0 showing the stock is still in bull market. The stock should continue to go strong for the long run. [Buy]
  • CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25. Today the stock soared 21.37% after the company's drug receives orphan status from European Commission. The technical chart shows the stock is almost about to be in bull market with 50 day moving average ready to cross on top over 200 day moving average. In addition with K line rising on top over D line new rally may come as well. [Buy]

Monday, October 30, 2006

Penny Stock On The Move - WAVX

Wave System Corp. (WAVX): shares of the digital security services provider surged 16.85% to $3.19 per share. Earlier this month we projected more upside coming for the digital security stock as its technical chart shows bullish sign with K line on top of D line and MACD on top of signal line. Now with ROC showing the stock is overbought there could be profit taking coming soon. [Accumulate]

Wednesday, October 25, 2006

Penny Stock Pick - CYTR

The penny stock on the spotlight today is CytRx Corp. (CYTR), the Los Angeles based biopharmaceutical research and development company focusing on human therapeutics in the area of small molecules and ribonucleic acid interference. The company's products are still in clinical trial stage so this is a more risky investment.

Technical
The technical chart shows the stock may be about to be back to bull market as 50 day moving average is about to cross on top over 200 day moving average. However KD and MACD is slightly weak as MACD is just below 0 and K line is about to cross below D line.


Insider
There is no transaction recently from the company employee. The institutions however have sold 1.3 million shares in the latest quarter, a negative sign.

Financial
The financial statement doesn't look good as the revenue is shrinking while net loss is rising. The company is still selling stock to maintain healthy cash level, another negative sign.


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

Monday, October 23, 2006

Penny Stock Pick - ISO

The penny stock on the spotlight today is ISCO Internationa Inc. (ISO), the Elk Grove Village, Illinois based radio frequency technology company. Recently the stock has been on rally after the company annouced $6 million of revenue for the third quarter. Even today the stock still surged 10.53% to 42 cents per share. Let's take a detail look at the stock to see if it's worth buying.

Technical
The technical chart shows the stock is back to bull market as MACD has been on top of 0 since mid September. KD is also showing strong signal as K line is on top of D line. In addition with 50 day moving average rising there is chance that the 50 day MA may go back above 200 day MA - another very bullish sign.


Insider
The insider transactions shows the company's top management team is somewhat bullish about the company despite three sales from officer. The institutions have been neutral recently with purchase of 8,555 shares for the latest quarter.

Financial
The financial statement has shown bullish sign as the company has seen growth in revenue from $2.6 million in 2004 to $10.3 million in 2005. The quarterly revenue has also been bullish this year from $1.3 million in the first quarter to $3 million in second quarter and then 6 million in the third quarter. Net loss although has decreased for the past three years, it may actually increase this year.


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

Saturday, October 21, 2006

Penny Stocks Of The Day - ILC, UDW

  • illinc Communications Inc. (ILC): the coverage of ILC began in early July at 49 cents per share with a Buy rating. Three month since the coverage the stock has gained 50% already and today soared 17.46% to 74 cents per share. The stock is showing tremenous strength with KD rising and MACD high above 0. In addition both 50 day and 200 day are both rising showing the stock would be in bull market for a while.[Buy]
  • US Dataworks Inc. (UDW): shares of the Houston, Texas based software company rose 8.93% to 61 cents per share. The stock has been on a rise recently as K line is on top of D line indicating a buy signal. Now with stock back above 50 day and 200 day moving average the stock may see more up side with MACD also rising. [Accumulate]

Wednesday, October 18, 2006

Penny Stocks On The Move - QSC, SIGA, VRA

  • Questcor Pharmaceuticals Inc.(QSC): shares of the Union City, CA based pharmaceutical company surged 16.67% to $1.26 per share as the drug maker appointed new chief executive officer. The technial chart shows the stock bounced back as ROC was at oversold level. Now with K line on top over D line we could see rally coming. With the stock still weak as MACD is still below 0, the best the stock can go so far is probably $1.5 or around the 50 day moving average. [Accumulate]
  • SIGA Technologies Inc. (SIGA): shares of the New York based biological wafare defense product maker skyrocketted 130% on heavy volumn to $4.54 per share as its lead drug proved to be successful against smallpox. The stock was first covered in May with a "Strong Buy" rating. With ROC now showing the stock is way overbought, we will see some profit taking for a while. However once the profit taking is done, then we should see the stock go higher as the stock is in bull market with 50 day moving average now on top over 200 day moving average. [Hold]
  • Viragen Inc. (VRA): shares of Plantation, Florida based biopharmaeutical company on treatment of cancers soared 32.26% to 41 cents per share. The technical chart shows the stock is back to new rally as K line is on top of D line. With MACD about to go back above 0 the stock could see more upside movement. [Buy]

Tuesday, October 17, 2006

Penny Stocks On The Move - CHTR, WAVX

  • Charter Communications Inc.(CHTR): we maintain Strong Buy rating on the cable tv company as its technical chart still shows very bullish sign with 50 day moving average on top over 200 day moving average with MACD on top of 0 and K line on top of D line. The stock today again rose 5% to $1.77 per share. [Strong Buy]
  • Wave System Corp. (WAVX): shares of the digital security services provider rose 8.18% to $2.38 per share. The technical chart shows the stock has been on rally recently as K line has been rising above D line. Now that MACD is back above 0 and stock is above both 50 day and 200 day moving average we should see more upside coming. [Accumulate]

Monday, October 16, 2006

Penny Stocks On The Move - CVM, PRGX, TGC

  • CEL-SCI Corp. (CVM): share of the Vienna, Virginia based bird flu vaccine enhancer maker surged 13.43% to 76 cents per share. The technical chart shows the stock has been stabling for almost two months and with MACD now back above 0 and KD still rising the stock may start new rally soon. [Strong Buy]
  • PRG-Schultz International Inc. (PRGX): shares of accounting services provider soared 18.31% to $5.88 per share. The stock is now on a new up trend and with K line on top over D line we may should see the stock head to $10 mark soon. [Strong Buy]
  • Tengasco Inc. (TGC): shares of ed oil and natural gas company gained 9.21% to 83 cents per share. The stock has been on a small rally recently with K line on top over D line. The stock overall is still weak with 50 day moving average now below 200 day moving average. [Accumulate]

Thursday, October 12, 2006

Penny Stocks On The Move - CHTR, FCSE, ONT, SOFO

  • Charter Communications Inc.(CHTR): shares of the cable tv company gained 6.83% to $1.72 per share. The technical chart is showing a very bullish sign with 50 day moving average on top over 200 day moving average and still rising. In addition with MACD on top of 0 and K line on top of D line the stock should be keep going higher. [Strong Buy]
  • Focus Enhancements Inc. (FCSE): shares of Focus Enhancements, a video technology company rose for the second straight day by adding another 6.63% to $1.77 per share. The stock is in strong bull market with both 50 day and 200 day moving average going up and MACD on top over 0. This is definitely a great time to own the stock. [Strong Buy]
  • On2 Technologies Inc. (ONT): shares of video codec software maker soared 14.08% to 81 cents per share. The stock is now on the uptrend and with K line now on top of D line the stock has the chance to go higher. However the stock has to break the pressure at 200 day moving average. [Accumulate]
  • Sonic Foundry Inc. (SOFO): shares of digital media applications maker surged 10.49% to $2.95 per share. The technical chart shows the stock is in a strong bull market with K line rising on top over D line and both 50 day and 200 day moving average rising. With the stock now making 52 weeks high, this may be the time for the huge rally. The coverage on the stock began on April 27 at $2.25 per share. [Strong Buy]

Wednesday, October 11, 2006

Penny Stocks On The Move - FCSE, MDII, MZT

  • Focus Enhancements Inc. (FCSE): shares of Focus Enhancements, a video technology company surged 12.16% to $1.66 per share. The stock is in a strong bull market with both 50 day and 200 day moving averages going up and MACD on top over signal line. With ROC, the overbuy/oversold indicator still low the stock has the chance to continue go higher. [Buy]
  • MDI Inc. (MDII): shares of the enterprise security sfotware maker rose 10% to 55 cents per share. The stock is still in weak market with 50 day moving average below 200 day moving average. But with rising KD and stablizing stock price we may see some positive movement coming soon. [Accumulate]
  • Matritech Inc. (MZT): shares of cancer diagnostic produts maker surged 9.68% to 68 per share. Although the the technical chart shows weakness as 50 day moving average is below 200 day moving average, with stock stablizing at 60 cents per share it may be ready for new rally as K line is on top over D line. [Buy]

Tuesday, October 10, 2006

Penny Stocks On The Move - ADL, BPUR, ILC, NXXI, SOFO

  • AMDL Inc.(ADL): shares of AMDL soared for the second straight day by adding another 47.5% to $4.75 per share. The stock has now rose about 89% in just two days. With ROC now showing the stock is overbought the stock may encounter profit taking very soon. [Hold]
  • Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company rose 6.45% to 99 cents per share. Recently rising of KD has brought the stock back up again but with the stock approaching resistence at $1 it is better to wait right now and wait to see if the stock can break above the resistence. [Hold]
  • illinc Communications Inc. (ILC): the stock is still in strong bull market as both 50 day and 200 day moving averages are going up with MACD on top of signal line and KD at high level. So far this is a good stock to hold for long time. [Buy]
  • Nutrition 21 Inc. (NXXI): shares of the chromium nutrition product maker surged 12.42% to $1.81 per share. The stock is now back to new rally as K line is back above D line. With ROC still showing the stock is slightly oversold the stock should be able to keep climbing up. [Buy]
  • Sonic Foundry Inc. (SOFO): shares of digital media applications maker rose 12.22% to $2.57 per share. The technical chart shows the stock is in a strong bull market as both 50 day and 200 day moving averages are rising and K line is on top of D line. In addition MACD is on top of signal line indicating bull market. [Buy]

Monday, October 09, 2006

Penny Stocks On The Move - ADL, BWEB, MDII

  • ADL Inc.(ADL): after trading between $2 to $3 for three month, the cancer detection products maker finally is on the break out today as it soared 28.28% to $3.22 per share. With MACD now on top of 0 and K line on top of D line the major rally of the stock may be finally coming. [Buy]
  • BackWeb Technologies Inc. (BWEB): the stock is still in very weak market as 50 day moving average is still declining and MACD is still below 0. This is not yet the time to buy the stock although the stock rose 6.25% to 34 cents per share. [Sell]
  • MDI Inc. (MDII): the stock is still weak as 50 day moving average is still falling and MACD is still below MACD. The stock has build a support around 40 cents and 50 cents recently and do has the chance to go up. Any breakout above 50 day moving average will be positive sign. The stock today rose 6.12% to 52 cents per share. [Accumulate]

Sunday, October 08, 2006

Penny Stocks On The Move - BSML, SIGA

  • BriteSmile Inc. (BSML): shares of Walnut Creek, CA based teeth whitening company surged 11.67% to $2.01 per share. The stock has bounced back after it hit 200 day moving average which shows there's support at this level. In addition ROC is at low level indicating stock has been oversold which also attracts buyers. The stock is still weak as MACD is below 0 and K line is below D line. [Accumulate]
  • Siga Technologies Inc. (SIGA): the stock is about to back to bull market as 50 day moving average is almost back above 200 day moving average. In addition with MACD on top of signal and K line on top of D line the stock should be expected to go higher for a while. Shares soared 16.34% to $1.78 per share. [Buy]

Thursday, October 05, 2006

Penny Stocks On The Move - GV, ILC, MZT

  • Goldfield Corp. (GV): the stock is trading at where it was a year ago so this is probably a good time to begin buying the stock as K lin has just crossed on top over D line indicating buy signal. The stock rose 5.26% to $1 per share. [Accumulate]
  • illinc Communications Inc. (ILC): this is probably one of the safest penny stock to buy at this point as major technical indicators show this stock should continue to go up. With 50 day MA on top over 200 MA, MACD above 0 and KD at high level, the stock is currently at a strong bull market. The 9.8% rise today to 56 cents per share is probably due to the strong technical trend. [Buy]
  • Matritech Inc. (MZT): shares of cancer diagnostic produts maker surged 11.29% to 69 per share. The technical chart shows the stock has chance to start new rally as K line is now back on top over D line indicating buy signal. If MACD can also be back to 0 then there will be more buyers coming back for the stock. [Accumulate]

Wednesday, October 04, 2006

Penny Stocks On The Move - ADL, CHTR, SIGA

  • ADL Inc.(ADL): shares of the cancer detection products maker surged 7.38% to $2.62 per share. The stock has chance to keep going up as the stock is on uptrend and MACD is back above 0 indicating bull market. [Buy]
  • Charter Communications Inc.(CHTR): shares of the cable tv company gained 5.92% to $1.61 per share. The technical chart is showing bullish sign with 50 day moving average has crossed on top over 200 day moving average recently. In addition with MACD on top of 0 and K line on top of D line the stock should be heading higher. [Strong Buy]
  • Siga Technologies Inc. (SIGA): shares of New York based biological warfare defense drug maker rose 5.33% to $1.78 per share. However in the after market the stock plunged 7.87% to $1.64 after the company pull out of the merger. Since the stock is still in bull market as MACD is still above signal line and the stock is above 50 day and 200 day moving average, any pull back would mean great buying opportunity. [Buy]

Tuesday, October 03, 2006

Penny Stocks On The Move - FCSE, SIGA

  • Focus Enhancements Inc. (FCSE): shares of Focus Enhancements, a video technology company rose 5.07% to $1.45 per share. The stock is slightly weak as K line is below D line. However with stock above 50 day and 200 day moving average and MACD above 0, the stock is still on track to go up for the long term. [Accumulate]
  • Siga Technologies Inc. (SIGA): shares of New York based biological warfare defense drug maker manged to surge 13.42% to $1.69 per share. Now that the stock is on an uptrend and MACD is above signal line, any pull back would mean great buying opportunity. [Buy]