Penny Stocks On The Move - ANO, GV

• Anooraq Resources Corporation (ANO): shares of Vancouver, Canada based mineral properties holder in South Africa rose 11.3% to $1.18 per share. The technical chart shows the stock is now back in strong bull market with 50 day moving average crossed on top over 200 day moving average. In addition, MACD and KD also shows bullish sign as MACD is now back above 0 and K line is back above D line again. [Strong Buy]
• Goldfield Corp. (GV): shares of the electrical contruction and maintenance company rose 7% to $1.22 per share. The stock is now back to uptrend and with MACD back above 0 and KD rising we should see stock now starting to go up. [Buy]

Penny Stocks On The Move - ATA, MDII

• Apogee Technology Inc. (ATA): shares of medical devices maker surged for the second time by surged 10.87% to $1.02 per share. With ROC now showing the stock is oversold and KD at low we could see buyers back again. [Strong Buy]
• MDI Inc. (MDII): shares of the enterprise security software maker jumped 15.79% to 44 cents per share after receiving $1.3 million order from government security agency. The stock has the opportunity to start new rally as K line is back above D line. However since stock overall is still weak as the MACD is still below 0 and the stock is back near 50 day moving average, wait on the sideline for now before making any investment decision. [Hold]

Penny Stocks On The Move - ONT, OTD

• On2 Technologies Inc. (ONT): shares of video codec software maker soared 25.8% to $1.17 per share. The technical chart shows very bullish sign as 50 day moving average has crossed on top over 200 day moving average late November to form Golden Cross. In addition with MACD back above 0 and KD rising, we should see the stock continue to go up. [Strong Buy]
• O2Diesel Corp. (OTD): shares of O2Diesel, a Newark, Delaware based clean diesel fuel technology company surged 11.69% to 86 cents per share. The technical chart shows the stock has been on a rally with K line rising on top of D line and MACD back above 0 showing bull market. This is the time to start buying the stock. [Buy]

Penny Stocks On The Move - ISON, MDII, SIGA, SOFO

Isonics Corp. (ISON) is the on the spotlight today as shares surged 15.52% to 67 cents per share after the company secured a prototype aerosol bio-decontamination system for U.S. Department of Enerygy. The technical chart shows possible rally as K line is about to cross on top over D lines. However the stock is now weak as MACD below 0 and 50 day and 200 day moving average is still falling. [Hold]

MDI Inc. (MDII): shares of the enterprise security software maker soared 17% to 41 cents per share. The technical chart shows the stock is now back to new rally as K line is back above D line. With ROC still at low there's rooms for the stock to go up. However for the long term the stock is still weak so do pay attention when the stock has reached 50 day moving average. [Accumulate]

SIGA Technologies Inc. (SIGA): shares of the New York based biological wafare defense product maker skyrocketted 82% to $4.95 as the company's smallpox drug was granted orphan drug status by FDA. With ROC now showing the stock is overbought we may see profit taking for the next few days. However with MACD now back above 0 and K line above D line once the profit taking is over we sould see the stock continue to go up strong. The stock was first covered in May with a "Strong Buy" rating. [Hold]

Sonic Foundry Inc. (SOFO): shares of digital media applications maker rose 6.55% to $5.04 per share. The technical chart shows the stock is in a strong bull market both 50 day and 200 day moving average rising and MACD above signal. This is a perfect stock to own for the long term. The coverage on the stock began on April 27 at $2.25 per share. [Strong Buy]

Penny Stocks On The Move - CVM, NXXI

• CEL-SCI Corp. (CVM): share of the Vienna, Virginia based bird flu vaccine enhancer maker rose 5.45% to 58 cents per share on announcement of development of new platform technology for the treatment of major diseases. The technical chart shows the stock is in weak market with stock below both 50 day and 200 day moving aveage and MACD falling below 0. The only positive signal is KD where K line is about to cross on top over D line and may start a little bounce back rally. [Accumulate]
• Nutrition 21 Inc. (NXXI): the chromium nutrition product maker rose for the second consecutive day by adding another 8% to $1.62 per share after the company settled patent dispute with General Nutrition Corp. The technical chart now shows more positive sign as the stock is now back to uptrend with K line rising on top over D line indicating a rally. This is probably a good time to start accumulating the stock. [Accumulate]

Penny Stocks On The Move - BPUR

• Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company soared 24% to 56 cents per share as the stock bounced back from the set back on Friday due to FDA's decision against the company proposed clinical trial. The bounce back could be due to the ROC now hitting oversold level. With K line now about to crossed on top over D line there's the opportunity that a new rally could began. The stock is overall still very weak with MACD below signal and the stock trading way before 50 day moving average. [Accumulate]

Penny Stock Pick - GTW

The penny stock pick of the today is Gateway Inc. (GTW), the Irvine CA based computer maker. The stock hasn't been doing well for the past 2 years due to competition. However recently the stock seems to be bottoming and with the release of Windows Vista, we could see buyers opportunity for major rally coming for the computer maker.

Technical
The technical chart is showing positive sign as 50 day moving average seems to be about to crossed on top over 200 day moving average. In addition MACD is also showing positive sign as MACD is back above 0.

Insider
The insiders are not too optimistic about the stock as beneficial owner and officer have been selling the stock recently. Moreover the instutions are also bearish as they sold additional 2.78 million shares or 1.6% of its holding in the latest quarter.

Financial
The earning report on February first would determine if the computer maker would have a better year in revenue compared to previous year. One promising sign is the third quarter where the company received net income of $18 million compared to net loss in the prior two quarters.

Penny Stock Score (1~5) 5 is highest
1. Market Potential(PC): 5
2. Technical: 4
3. Insider: 1.5
4. Financial: 3.5
Recommendation: Buy

Penny Stocks Pick - ADL

• ADL Inc.(ADL): the medical test maker has been doing very recently rising from $2 in September to more than $5 per share in November, a 150% gain in just two months. Recent pull back created buying opportunity as buyers came in and pushed the stock up 10.12% to $4.68 per share after the company received approval to market non-invasive cancer blood test kit in Taiwan. The technical chart still looks strong as 50 day moving average is on top of 200 day moving average. In addition with K line just crossed on top over D line and ROC still at low there's plenty of upside for this stock. [Strong Buy]

Penny Stocks On The Move - ANO, ONT, SOFO

• Anooraq Resources Corporation (ANO): shares of Vancouver, Canada based mineral properties holder in South Africa rose 9.62% to $1.14 per share on mineral rights. The technical chart shows the stock is about to be back to bull market with 50 day moving average about to go back above 200 day moving average. In addition, MACD also shows bullish sign as it is now back above 0. [Buy]
• On2 Technologies Inc. (ONT): shares of video codec software maker rose 6.9% to 93 cents per share. The technical chart shows very bullish sign as 50 day moving average has just crossed on top over 200 day moving average to form Golden Cross. In addition with MACD back above 0 and KD rising, we should see the stock back flying. We highly recommend buying this stock. [Strong Buy]
• Sonic Foundry Inc. (SOFO): shares of digital media applications maker soared 23% to $4.7 per share. The technical chart shows the stock is in a strong bull market both 50 day and 200 day moving average rising and MACD above 0. In addition KD show very bullish sign as K line has just crossed on top of d line indicating beginning of new rally. The only weak signal is ROC which indicates the stock is overbought. The coverage on the stock began on April 27 at $2.25 per share. [Buy]

Penny Stocks On The Move - NXXI, OTD

• Nutrition 21 Inc. (NXXI): the chromium nutrition product maker today soared 17.86% to $1.65 per share although no news is announced. The technical chart shows possibility of new rally as K line is now on top over D line. If the stock can continue to go up to break above 50 day moving average, we should be able to see the stock heading higher. [Hold]
• O2Diesel Corp. (OTD): shares of O2Diesel, a Newark, Delaware based clean diesel fuel technology company rose 8.7% to 75 cents per share as Dutton Associates re-affirms $2.25 price target. Although KD show positive sign with K line rising on top of D line, this is not yet the time to buy as the stock is still weak as 50 day MA is still falling and the stock is sitll on downtrend. It's better to wait until the stock is back above to buy. [Hold]

Penny Stock On The Move - ATA, PLC

• Apogee Technology Inc. (ATA): shares of medical devices maker surged for the second time by jumping 45.38% to $1.73 per share with still no news announcement. Now with ROC showing the stock is way overbought there could be profit taking coming. [Buy]
• PLC System Inc. (PLC): shares of the Franklin, Massachusetts based medical device maker rose 8.62% to 63 cents per share. The technical chart shows bearish sign as 50 day moving average is about to cross below 200 day moving average. The buying today might be anticipation that the low KD may start to go up again. [Accumulate]

Penny Stock On The Move - ATA, CYTR, QSC

• Apogee Technology Inc. (ATA): shares of medical devices maker surged 16.67% to $1.19 per share. The technical chart shows the stock is back in rally with MACD back above 0 and K line rising above D line. In addition the stock is back above both 50 day and 200 day MA indicating the stock has chance to be back to bull market. [Buy]
• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 with accumualte rating. Since then the stock has gained 49.62%. Today the stock rose 6.9% to $1.86 per share. The technical chart shows very bullish signal as 50 day moving average is on top over 200 day moving average with MACD back above 0 and K line just crossed on top ove rd line again. This is a great time to keep buying the stock. [Strong Buy]
• Questcor Pharmaceuticals Inc.(QSC): shares of the Union City, CA based pharmaceutical company soared 16.2% to $1.65 per share. The technial chart shows possibility of rally with MACD back above 0 and KD still rising. However the stock is still weak with 50 day moving average is below 200 day moving average and therefore there could be some profit coming with ROC now showing the stock is bit overbought. [Hold]

Penny Stock On The Move - ADL, CHTR, SIGA

• ADL Inc.(ADL): the medical test maker has been doing very recently rising from $2 in September to more than $5 per share in November, a 150% gain in just two months. Although recently the stock has been on a pull back, today's 8% gain to $4.65 per share shows the stock may be on the rise again. With MACD still rising and 50 day MA still above 0, we should see new rally coming as soon as K line goes back above D line. [Buy]
• Charter Communications Inc.(CHTR): the cable tv company is simply unstoppable as it reached back near 52 weeks high again to $3.09 per share. The technical chart hasn't show any signal of slow down with MACD still high above 0 and both 50 day and 200 day moving average keep rising. The recent retreat caused K line to drop below D line but is now back up again. Since we began coverage on the stock it has gained more than 160%. [Strong Buy]
• SIGA Technologies Inc. (SIGA): shares of the New York based biological wafare defense product maker rose 7.96% to $3.39 per share. The technical shows possibility of new rally as K line is about to rise on top over D line. However since MACD is still falling, wait till K line is on top over D line to buy. The stock was first covered in May with a "Strong Buy" rating. [Hold]

Penny Stock Pick - EGHT

The penny stock pick of the today is 8x8 Inc. (EGHT), the Santa Clara, CA based voice over IP (VoIP) technolgy company. The first half of the year has been miserable as the stock slide more than half to as low as 65 cents per share. However since then the bar gain hunters come back and pushed the stock back to near $2 per share before the recent pullback. Let's take a look at more detail to see if this stock is worth buying.

Technical
The technical chart is showing bullish sign as 50 day moving average has crossed on top over 200 day moving average and form Golden Cross - a bullish signal recently. Although the stock has been on pull back, with MACD still above 0, we should see the stock going up again soon as ROC is showing stock is oversold.

Insider
The top management has been very bullish about the company with series of purchase in August from directors and officers. The institutions on the other hand are slighly bearish and sold about 376,350 or 4.5% of the shares.

Financial
The quarterly financial statement shows bullish sign as revenue kept improving from $8.45 million in the fourth quarter of last year to $13 million in the third quarter of this year. In addition net loss has reduced from $6.79 million to $2.73 million.

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