Penny Stocks On The Move - AGT, OTD, TAG

• Apollo Gold Corp. (AGT): shares of Greenwood Village, Colorado based gold mining company rose 4 cents to 53 cents per share on the shortened trading day. The technical chart shows very bullish sign as 50 day moving average has just crossed on top over 200 day moving average. In addition with MACD above 0 and K line on top over D line we should see the stock begin to fly high. [Strong Buy]
• O2Diesel Corp. (OTD): shares of O2Diesel, a Newark, Delaware based clean diesel fuel technology company surged 10.98% to 91 cents per share as bus company in India is switching 2500 buses to use O2Diesel. The technical chart shows mix signal with MACD above 0 showing positive sign yet 50 day moving average is still below 200 day moving average. If K line can break above D line we may see some rally. [Accumulate]
• Tag-It Pacific Inc. (TAG): coverage of the cloth zipper maker began at 71 cents per share. So far the stock has gained more than 100% as today shares gained 9.28% to $1.53 per share. The technical chart shows the stock is still in bull market as both 50 day and 200 day moving average are going up with MACD still above 0. KD is showing some weakness as K line is below D line but the stock overall should continue to go up. [Buy]

Penny Stocks On The Move - CYTR, SPAB

• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating. On Tuesday the stock gained 9.8% to $2.8 per share. The technical chart shows the stock is in a strong bull market with 50 day moving average on top over 200 day moving average and MACD is above signal line. As K line back above D line we should see the stock keep going higher. [Buy]
• SPACEHAB Inc. (SPAB): shares of Webster, Texas based space service company soared 25.53% to $1.18 per share. The technical chart shows bullish sign as MACD is back above 0 and K line is on top over D line. In addition with stock back above 200 day moving average we should see more upside coming. However with ROC now showing the stock is a little bit overbought there could be some quick profit taking. [Hold]

Penny Stocks On The Move - FCSE, SPAB

• Focus Enhancements Inc. (FCSE): shares of Focus Enhancements, a video technology company rose 5.8% to $1.46 per share despite no big news announcement. The technial chart shows possible new rally as K line is back above D line. However the stock overall is still weak as it is still trading below 50 day moving average and MACD is still below 0. [Hold]
• SPACEHAB Inc. (SPAB): shares of Webster, Texas based space service company rose 10.6% to 94 cents per share. The technical chart shows bullish signa as MACD is back above 0 and K lins is on top over D line. In addition with stock back above 200 day moving average we should see more upside coming. [Buy]

Penny Stocks On The Move - CTCH

• Commtouch Software Ltd. (CTCH): shares of Commtouch Software, an anti-spam software maker based in Israel, rose 7.52% to $1.43 per share. The technical chart show the stock is in a strong bull market with 50 day moving average crossed on top over 200 day moving average with MACD above 0. Although KD is showing some weakness as K line is above to drop below D line yet for the long term the stock should continue to go up. The coverage of the stock began in December of 2005 at $1.2 per share. [Buy]

Penny Stocks On The Move - ILC

• illinc Communications Inc. (ILC): the coverage of ILC began in early July at 49 cents per share with a Buy rating. So far the stock has gained almost 100% as on Thursday the stock gained 9% to 80 cents per share after the company announced third quarter results. The stock is has been on a bull market rally as K line has been on top of D line with stock trading above 50 day and 200 day moving average and MACD above 0. For the long term the stock should still continue to go up. [Strong Buy]

Penny Stocks On The Move - CYTR, ISIG

• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating. On Tuesday the stock gained 7.86% to $2.47 per share. The technical chart shows the stock is still on a strong bull market with 50 day moving average on top over 200 day moving average and MACD is above signal line. Now with K line back above D line we should see the stock keep going higher. [Strong Buy]
• Insignia Systems Inc. (ISIG): shares of Insignia Systems surged 7.9% to $3.41 per share. The stock still looks very strong with both 50 day and 200 day moving average going up while MACD is above 0. With stock back above 50 day moving average again this is a perfect time to keep buying the stock. [Strong Buy]

Penny Stocks On The Move - CYTR, NXXI

• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating. On Tuesday the stock gained 11.17% to $2.29 per share. The technical chart shows the stock is still on a strong bull market with 50 day moving average on top over 200 day moving average and MACD is above signal line. Now with K line back above D line we should see the stock keep going higher. [Strong Buy]
• Nutrition 21 Inc. (NXXI): the chromium nutrition product maker surged 13.76% to $2.15 per share as the company's nutrition product supresses HIV progression. The technical chart shows positive sign as the stock is now back above 50 day and 200 day moving average with MACD back above 0. However KD show weakness as K line is below D line. Nevertheless the stock should be heading higher at least for a while. [Buy]

Penny Stocks On The Move - TAG

Tag-It Pacific Inc. (TAG) the apparel company rose 7.46% to $1.44 per share on no news announcement. The technical chart shows the stock is in a bull market with 50 day moving average on top of 200 day moving average and MACD on top of signal. However KD is showing some weakness as K line is below D line. For the long term the stock should be going up. [Buy]

Penny Stocks On The Move - SIGA

• Siga Technologies Inc. (SIGA): shares of SIGA surged 10% to $3.76 per share. The stock is still in bull market as 50 day moving average is still above 200 day moving average with MACD still above 0. KD show weakness as K line is below D line but as soon as K line can break above D line we should see more buyers coming. The coverage of the stock began in early May with a Strong Buy rating and the stock has since gained more than 150%. [Buy]

Penny Stocks On The Move - SMD, SPAB

• Singing Machine Co. Inc. (SMD): the coverage of the Coconut Creek, Florida based karaoke equipment maker began last July at 48 cents per share. On Thursday the stock has trippled to $1.57 per share. Although the techncal chart still showing the stock is in a strong bull market, with ROC now showing the stock is way overbought, do expect profit taking coming very soon. [Hold]
• SPACEHAB Inc. (SPAB): shares of Webster, Texas based space service company rose 8% to 80 cents per share as the company plans to cut 36 jobs. The rising KD and MACD is showing buying opportunity. However with 50 day moving average still below 200 day moving average the surge probably won't attract too much attention yet. [Accumulate]

Penny Stocks On The Move - CVM, HCTL, NXXI, SMD, TAG, VRA

• CEL-SCI Corp. (CVM): share of the Vienna, Virginia based drug maker jumped 18% to 70 cents per share as the company's Phase III study is expected to be approved by FDA. The technical chart shows the stock is now back to uptrend and with MACD now about to be back above 0 we may see more upside. Another good sign is that the stock has break thru 50 day moving average. [Buy]
• Healthcare Technologies Ltd. (HCTL): shares of the Israel based clinical diagnostic test kit maker gained 12.5% to $1.62 per share after the company signed agreement with NexGen Biofuel for the purchase of NexGen's assets. The technical chart shows the stock is back to bull market again as the stock is back above 50 day and 200 day moving average. In addition with KD rising and MACD almost back above 0 we should see more upside coming. [Strong Buy]
• Nutrition 21 Inc. (NXXI): the chromium nutrition product maker rose 9.2% to $1.9 per share. The technical chart now shows more positive sign as MACD is above 0 and K line is on top over D line. In addition with stock now back above both 50 day and 200 day moving average more buyers should come. [Buy]
• Singing Machine Co. Inc. (SMD): the coverage of the Coconut Creek, Florida based karaoke equipment maker began last July at 48 cents per share. At this moment the stock has gained almost 150% and the recent annoucement of new product has pushed the stock up for three straight trading sessions. The techncal chart shows the stock is currently in a very strong bull market as 50 day moving average is on top of 200 day moving average with MACD above 0 and KD around 80. Beware now that ROC is showing the stock is overbought so profit taking may come anytime. [Accumulate]
• Tag-It Pacific Inc. (TAG): coverage of the cloth zipper maker began last August at 71 cents per share. So far the stock has gained almost 100% and today shares rose 11.68% to $1.53 per share. The stock is in bull market with MACD on top of signal and K line on top of D line showing buy signal. In addition with 50 day moving avearge is on top over 200 day moving average we should see the stock keep going up. [Buy]
• Viragen Inc. (VRA): shares of Plantation, Florida based biopharmaeutical company rose 2 cents to 17 cents per share as the company's product OVA System is published in the leading scientific journal. The technical chart shows the stock is back to new rally as K line is on top of D line. However the stock is overall still weak as MACD is below 0 and stock is below 50 day and 200 day moving average. [Accumulate]

Penny Stock Pick - INNO

The penny stock pick of the today is Innovo Group Inc. (INNO), the Commerce CA based apparels maker. The stock has been on the down side for about a year and half, falling from $6 in June of 2005 to as low as 37 cents around end of 2006. However the recent activity suggest the stock may be on the come back.

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 with MACD on top over signal and KD at the high point we should see more upside coming for the stock.

Insider
Although the institutions are bearish about the comapny as they sell 4.28 million shares. However company officer was pretty bullish about the company and has bought quite a bit of shares last year.

Financial
The earning report shows weakness as the revenue keept shrinking. However net loss has also been down from 17 million in November of 2005 down to 0.2 million in August of 2006.

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

Penny Stocks On The Move - CYTR, TAG, TGC

• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating and so far the stock has gained 87% as today the stock surged 12% on Friday to $2.45 per share on new licensing deal with University of Massachusetts Medical School. The technical chart shows the stock is still on a strong bull market with 50 day moving average on top over 200 day moving average and MACD is above signal line while KD is still rising. The stock should keep going up but do beware that ROC is also climbing showing the stock is slightly overbought. [Buy]
• Tag-It Pacific Inc. (TAG): coverage of the cloth zipper maker began at 71 cents per share. So far the stock has gained 92.73% as on Friday shares gained 7.03% to $1.37 per share. This is a perfect time to buy the stock as technical chart shows the stock is ready for another bull market rally with KD rising and MACD back above 0. [Strong Buy]
• Tengasco Inc. (TGC): shares of oil and natural gas company rose 9.72% to 79 cents per share on no news announcement. The technical chart shows possible recovery rally as K line has been rising on top over d line. However the stock is overall still weak with 50 day moving average below 200 day moving average and MACD below 0. [Accumulate]

Penny Stocks On The Move - ISON, TAG

Isonics Corp. (ISON) is on the spotlight today as the stock rose 11% to 81 cents per share despite no news announcement. The technical chart shows the stock is back to rally with K line rising above D line. With MACD also back above 0 we may be back to bull market. It's a good time now to begin accumulating the stock.[Accumulate]

Apparel company Tag-It Pacific Inc. (TAG) rose 9% to $1.1 per share on no news announcement. However according to the current technical trend it seems to be a great time to buy as all technical indicator shows the stock is poised for a bull market rall as KD is rising with MACD above 0 and stock trading above 50 day moving average. [Strong Buy]

Penny Stocks On The Move - CYTR

• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating. Since then the stock has gained almost 60% as today the stock surged 15% to $2.08 per share as the company spins off subsidiary to focus on RNAi technology. The advisory team in the new subsidiary consist of Nobel Prize winner Craig C. Mellow. The technical chart shows the stock is now on bull market rally with 50 day moving average on top over 200 day moving average with MACD above 0 and KD rising. We are very bullish on this stock now and highly recommend everyone to keep buying. [Strong Buy]

Penny Stocks On The Move - CVM, ONT, TAG

• CEL-SCI Corp. (CVM): share of the Vienna, Virginia based bird flu vaccine enhancer maker rose 3 cents to 62 cents per share. The technical chart shows the stock is probably back to uptrend and with KD rising we could see possible rally coming for the stock. However since the overall trend is weak as 50 day moving average is below 200 day moving average, pay attention to the stock as it is near 50 day moving average. [Accumulate]
• On2 Technologies Inc. (ONT): shares of video codec software maker soared 6.25% to $1.36 per share as the company will demostrate new Web 2.0 related video technology solution. The technical chart shows the stock is in a strong bull market with 50 day moving average is on top over 200 day moving average with MACD above signal and K line above D line. The stock should continue to go up for a while. [Buy]
• Tag-It Pacific Inc. (TAG): coverage of the cloth zipper maker began last August at 71 cents per share. So far the stock has gained 67.61% at $1.19 per share and on Friday shares rose 8.18%. The stock is in bull market with MACD on top of 0 and K line on top of D line showing buy signal. In addition 50 day moving avearge is on top over 200 day moving average showing bull market sign. This is a perfect time to buy the stock. [Strong Buy]

Penny Stock On The Move - BPUR, MCZ, SIGA

• Biopure Corp. (BPUR): shares of Cambridge, MA based biotechnology company soared 17.39% to 54 cents per share. KD shows the stock could be back to new rally as K line is back above D line. However since stock is still weak as MACD is below 0 and the stock is trading below 50 day and 200 day moving average, wait to see if the profit taking for the next few days will break the support near 40 cents. [Hold]
• Mad Catz Interactive Inc. (MCZ): shares of San Diego based video game accessories maker rose 8.3% to 65 cents per share. The technical chart shows the stock is now back to bull market rally with 50 day moving average crossed on top over 200 day moving average with K line again crossed on top over D line. [Strong Buy]
• SIGA Technologies Inc. (SIGA): shares of the New York based biological wafare defense product maker rose 5.86% to $3.79 per share. The technical shows begining of new rally as the stock bounce back after reaching 50 day moving average. In addition the stock is in bull market again with MACD back above 0. This is the time to buy the stock again. The stock was first covered in May with a "Strong Buy" rating. [Strong Buy]

Penny Stock On The Move - CTCH, QEE

• Commtouch Software Ltd. (CTCH): shares of Commtouch Software, an anti-spam software maker based in Israel, rose 5% to $1.26 per share. The technical chart shows very bullish signal with 50 day moving average crossed on top over 200 day moving average with MACD above 0 and K line rising above D line. This is a perfect time to buy. [Strong Buy]
• Queenstake Resources Ltd. (QEE): shares of the gold mining company rose slightly to 20 cents per share. The current technical trend shows the stock is back to new rally with K line is on top over D line. However the stock is still weak as 50 day moving average is below 200 day moving average so not too much upside. [Accumulate]

Penny Stocks On The Move - ATA, UDW

• Apogee Technology Inc. (ATA): shares of medical devices maker jumped 18.74% to $1.33 per share with no news announcement. The technical chart shows bullish signal as K line is about to cross on top over D line with MACD above 0 and the stock back above both 50 day and 200 day moving average. [Strong Buy]
• US Dataworks Inc. (UDW): shares of the Houston, Texas based software company rose 8.33% to 52 cents per share. The stock overall is still very weak as the stock is trading below both 50 day and 200 day moving average with MACD still below 0 indicating bear market. The rising KD may start a rally but probably would not be a huge one. [Accumulate]