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]
posted by Stock Geek at
11:16 PM
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