Penny Stocks On The Move - LIV, MCZ, VRA

• Samaritan Pharmaceuticals Inc.(LIV): shares of Las Vegas based AIDS, Alzheimer's and cancer drug maker soared 24% to 31 cents per share on positive result of its Phase II clinical trial on a HIV drug. The technical chart shows positive sign as the stock is back above both 50 day and 200 day moving average with MACD above 0. In addition, with K line about to cross on top over D line we should definitely see the stock flying for a while. [Strong Buy]
• Viragen Inc. (VRA): the stock is still on the comebcak after plunging to new record low of 2 cents per share last Wednesday due to debt restructuring. Today shares rose back to 7 cents per share and is 250% above its low. The technical chart shows the stock is now in a rally as K line is on top of D line. Although the stock is still weak as MACD is below 0 the stock does have the potential to be back around 50 day moving average or around 15 cents per share. [Buy]

Penny Stocks On The Move - CMGI, ONT

• CMGI Inc.(CMGI): we began coverage of the supply chian management software maker last November with a Strong Buy rating. With another 13% gain $2.49 per share, the stock has gained 90%. The technical chart shows the stock is in a very strong bull market with stock above both 50 day and 200 day moving average and MACD above signal line. We should see the stock continue to go up but with ROC showing the stock is a little big overbought some profit taking is possible. [Buy]
• On2 Technologies Inc. (ONT): shares of video codec software maker rose 8.6% to $1.63 per share. The technical chart shows the stock is in bull market as K line is above D line with MACD back above signal line. With stock back above 50 day moving average there are plenty of upside for this stock. [Strong Buy]

Penny Stocks On The Move - BSML, SOFO, VRA

• BriteSmile Inc. (BSML): shares of Walnut Creek, CA based teeth whitening company surged 17.35% to $1.42 per share on Friday no news announcement. The technical chart shows possible rally as K line is back above D line. However since stock is still very weak with MACD below 0 and stock trading below 50 day and 200 day moving average, pay attention as the stock is approaching 50 day moving average. [Accumulate]
• Sonic Foundry Inc. (SOFO): shares of digital media applications maker rose 7.47% to $4.17 per share. The technical chart shows the stock is back to new rally again as K line is on top of D line. Now with stock also back above 50 day moving average and MACD also about to be back above 0 we should see more upside from this stock. The coverage on the stock began on April 27 at $2.25 per share. [Strong Buy]
• Viragen Inc. (VRA): after plunging to new record low of 2 cents per share on Wednesday due to debt restructuring, shares of Plantation, Florida based biopharmaeutical company on treatment of cancers have been on a huge comeback, gaining 300% in three days to 8 cents per share on Friday. The technical chart shows the stock is back to rally as K line is back on top of D line. However since stock is still weak as MACD is below 0 and stock is still way below 50 day and 200 day moving average, be careful as the stock as the stock is approaching 50 day moving average. [Accumulate]

Penny Stock On The Move - CTCH, QSC

• Commtouch Software Ltd. (CTCH): shares of Commtouch Software, an anti-spam software maker based in Israel, rose 8.15% to $1.46 per share. The technical chart shows very positive sign as MACD is back above 0 again with stock also back above 50 day moving average. In addition with KD still rising we should see more upside of this stock. [Buy]

Penny Stocks On The Move - ONT, PMU

• On2 Technologies Inc. (ONT): shares of video codec software maker rose 7.4% to $1.45 per share. The technical chart shows the stock is back to rally again as K line is above D line with MACD also back above signal line. With stock now above 50 day and 200 day moving average we should see the stock continue to go up. [Buy]
• Pacific Rim Mining Corp. (PMU): shares of the Vancouver, Canada based gold and silver mining company which owns gold mine in El Salvador gained 6.86% to $1.09 per share. The technical chart shows mix signal as MACD is below 0 yet K line is back above D line. So pay attention as the stock is back near 50 day moving average again. [Hold]

Penny Stocks On The Move - CYTR, SIGA

• SIGA Technologies Inc. (SIGA): shares of the New York based biological wafare defense product maker surged 14% to $5.15 per share on positive results from its smallpox drug in a toddler. The stock is still in bull market as MACD is above signal and stock is above both 50 day and 200 day moving average. On indicator to watch is KD where now K line and D line are tangled together. The stock was first covered in May with a "Strong Buy" rating. [accumulate]
• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating. So far the stock has gained more than 250%. On Monday the stock rose 10% to $4.65 per share as the company's subsidiary signed licensing deal with Cold Spring Harbor Laboratory for RNAi technology. The stock is is a strong bull market and should continue to go up as both 50 day and 200 day moving average are heading up. In addition now with K line back above D line this shows new rally is here. [Strong Buy]

Penny Stocks On The Move - ANO, MDII, PLC

• Anooraq Resources Corporation (ANO): shares of Vancouver, Canada based mineral properties holder in South Africa surged 15.65% to $1.48 per share although no news is announced. The technical chart shows the stock is in bull market as 50 day moving average is on top over 200 day moving average with MACD above 0. KD shows we should see the stock going up again as K line is gain back on to of D line. [Strong Buy]
• MDI Inc. (MDII): shares of the enterprise security software maker gained 10% to 86 cents per share on no news announcement. Now with 50 day moving average crossing on top over 200 day moving average we should see heavy buying coming especially since MACD is still above 0 indicating bull market and K line is about to cross on top over D line again showing possible rally. [Strong Buy]
• PLC System Inc. (PLC): shares of medical device maker soared almost 20% to 61 cents per share on successful enrollment of the first patients in its clinical trial. The technical chart shows this is a great time to buy the stock as the stock price seems to be stablizing with K line again above D line. [Buy]

Penny Stocks On The Move - ADL, CMGI

• CMGI Inc.(CMGI): we began coverage of the supply chian management software maker last November with a Strong Buy rating. With another 6.7% gain the stock so far has rose almost 50% to $1.92 per share. The technical chart shows the stock is in bull market rally as stock is above both 50 day and 200 day MA with MACD above 0 and K line above D line. Now that stock is at 52 weeks high expect the stock to conitnue to go up. [Buy]
• ADL Inc.(ADL): shares of the cancer test maker rose for the sixth straight session with 8.5% gain to $3.71 per share. The technical chart now shows very positive sign as stock has just break above 200 day moving average with MACD also just break above 0. This marks the beginning of bull market rally and should be the best time to buy. [Strong Buy]

Penny Stock Pick - TRMM

The penny stock of the today is TRM Corp. (TRMM), the Portland, Oregon ATM provider. Since reaching 52 weeks low of $1.09 back in November of last year, the stock seems to be alive rising more than 150% to $2.74 per share. Let's take a detail look at the stock to see if its worth buying.

Technical
The technical chart shows slightly positive sign as 50 day moving average is rising and is about to reach back to 200 day moving average. In addition MACD is still above 0 showing the stock is still in bull market. One of the weakness is KD where K line is still below D line and when the KD trend reversed it would be a great time to buy.

Insider
Although insiders where bullish on the company around end of last year, all the transactions this year have been sale of stocks. The instituions have been bearish as they sold 8.8 million shares.

Financial
The financial statement is showing mix signal as revenue has been growing for the past few years yet the company has turned from net profit to huge net loss.

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

Penny Stocks On The Move - PRGX, WAVX

• PRG-Schultz International Inc. (PRGX): shares of accounting services provider have been doing well since hitting the 52 weeks low of $2 last August. So far the stock has gained 650%in just half year to $15.09 per share. The technical chart shows this is a strong stock with 50 day MA on top over 200 day MA with MACD on top over 0 and K line above D line indicating new rally. [Strong Buy]
• Wave System Corp. (WAVX): the coverage of the digital security services provider began last June around $2.34 per share with a Buy rating. So far the stock has rose three days in a roll to $3.24 per share as the company teams up with Seagate to put encrypted hard drives in ASI Laptops. The technical chart shows the stock is back to bull market rally stock is back above 50 day and 200 day moving average with MACD also back above 0. Rising KD should continue to carry the rally. [Buy]

Penny Stocks On The Move - CMGI, WAVX

• CMGI Inc.(CMGI): we began coverage of the supply chian management software maker last November with a Strong Buy rating. With another 7% gain on Friday to $1.7 per share, the stock has gained 30%. The technical chart shows bullish sign as 50 day moving average is still on top over 200 day moving average with MACD on top of 0. Now with K line back above D line this would be a good time to buy the stock. [Strong Buy]
• Wave System Corp. (WAVX): the coverage of the digital security services provider began last June around $2.34 per share with a Buy rating. On firday the stock rose 6.45% to $2.64 per share on no news announcement. The technical chart shows possible rally as K line is now above D line. In addition with stock breaking above 50 day MA we would probably see the stock going up more. [Buy]

Penny Stocks On The Move - SIGA

• Siga Technologies Inc. (SIGA): shares of SIGA surged 14% to $4.28 per share. The technical chart shows the stock is back to new rally again as K line is back on top over D line. In addition the stock is still above 50 day moving average so it is still in bull market. The coverage of the stock began in early May with a Strong Buy rating and the stock has since gained more than 200%. [Buy]

Penny Stocks On The Move - ANO, CYTR

• Anooraq Resources Corporation (ANO): shares of Vancouver, Canada based mineral properties holder in South Africa rose 6.84% to $1.25 per share. The technical chart shows the stock is still in strong bull market as 50 day moving average on top over 200 day moving average with MACD above 0. KD line is one indicator to watch as both line are currently tangled together and may go either way. [Accumulate]
• CytRx Corp. (CYTR): the coverage of the Los Angeles based biopharmaceutical company began on October 25 at $1.31 per share with accumualte rating. So far the stock has gained more than 200%. On Tuesday the stock rose 8.24% to $4.07 per share as it bounce back from the recent profit taking. The technical chart shows the stock is in a bull market with 50 day moving average on top over 200 day moving average and MACD is above 0. However KD is currently showing weakness as K line is still below D line so do expect possible correction. [Accumulate]

Penny Stock Pick - ONSM

The penny stock of the today is Onstream Media Corp. (ONSM), the Florida based on-demand digital media communications and applications services provider. After five years of slide, the stock has been on a rally recently rising as much as 700% in just three months as online digital media became a hot industry again. Let's take a detail look at the stock to see if its worth buying.

Technical
The technical chart shows positive sign as 50 day moving average has been on top over 200 day moving average since mid December of last year. Although the recent profit taking is sending MACD back below 0, once K line is back above D line we should see the stock back to the upside.

Insider
The insider has been bullish on the company with all transaction been purchase of the stock. The most recent purchase was around end of last year with about 130,000 shares. In addition the institutions are also very bullish about the company with additional 174,893 shares bought last quarter, a 29% increase in holding.

Financial
The financial statement is showing positive sign as well as the company has shown year over year increase in revenue. However with high net loss, the company is still either selling the stock or borrowing money to cover its day to day operation so there could be additional selling of stock once the cash level drop again.

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

Penny Stocks On The Move - HCTL, TAG

• Healthcare Technologies Ltd. (HCTL): shares of the Israel based clinical diagnostic test kit maker gained 7% to $1.5 per share. The technical chart shows the possibility of new rally as K line is on top of D line again. Although there're weakness as MACD is below 0 and 50 day MA is falling, with stock now break above 50 day MA we may see more upside coming. [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 200% and on Friday shares rose 6.9% to $2.02 per share. The technical chart shows 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 average still on top over 200 day moving average we should see the stock keep going up. [Buy]

Penny Stocks On The Move - MDII

• MDI Inc. (MDII): shares of the enterprise security software maker soared for the second straight day to $1.01 per share. The stock so far has gained almost 50% in just two days. Today's surge is fueled by the announcement that the company has received $25.3 million initial order to deliver security package including video surveillance to multiple school districts in the Southeast. Now as 50 day moving average is getting closer to go above 200 day moving average the stock should draw more interest as the major rally is coming. In addition with MACD above signal line and KD line at high level the stock do have the potential to have huge breakout. The short turn surge may result in some profit taking yet any time the stock drop it should be great buying opportunity. [Buy]

Penny Stock Pick - CMQ

The penny stock of the today is Cathay Merchant Group Inc. (CMQ), the Hong Kong based aluminum manufacturer. For the past two years the stock has been on a slide from 80 cents per share in January of 2005 to as low as 23 cents per share late last year. However the recent huge pop has bring the dead cat alive and this may veyr well be the time to buy the stock.

Technical
The technical chart shows positive sign as 50 day moving average has crossed on top over 200 day moving average around mid January. In addition after dropping near 0 in mid February MACD is back on top of 0. These indicate the stock is now in bull market.

Insider
The insider is a non-factor here with very little transactions. The institutions however are slightly bearish as they sold 6.4% of the shares.

Financial
The financial is another reason why this company looks attractive as the revenue has been jumping for the past few years from 39 thousands in 2004 to $5 million in 2005 year. And by the end of 2005 the company has earned record 32 million. Based on the three quarters we may even see a $100 million revenue for 2006. In addition during the same period net loss has been decreasing which is another good sign.

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

Penny Stocks On The Move - MDII

• MDI Inc. (MDII): shares of the enterprise security software maker jumped 19% to 81 cents per share despite no news announcement. The technical chart is shows positive sign as 50 moving average is about to cross on top over 200 day moving average. In addition with MACD above signal and K line above D line we should see more upside of this stock. [Strong Buy]