Share |

Monday, April 09, 2007

Penny Stock Pick - MEMY

The penny stock on the rise recently is the Montvale, NJ based Memory Pharmaceuticals Corp. an Alzheimer's disease drug maker. The two day boost which push the stock up from $1.63 on Friday all the way to as high as $3.22 today started since the company announced it has completed enrollment in the midstage study of a Alzheimers drug. The 100% rise in two days attracts us to look into more detail of this stock.

Technical
Although MACD still show weakness as it is still below 0. Now that the stock is back above 200 day MA while 50 day MA is still above 200 day MA there's great chance that the stock can be back to bull market rally again with K line now above D line again indicating new rally.


Insider
The insider seems to be bullish about the company with numerous purchases from directors and officers. The inistitutions in additional have been even more bullish as they purchased 9 million shares adding 27% more shares in the latest quarter.

Financial
The company earned less revenue in 2006 compared with 2005 although the net loss was still the same but was still way over the earnings. The 10 million in financing that the company received in late March was a huge boost as the company still needs a lot of cash to cover its huge Research and Development expenses.


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

3 Comments:

Blogger oakleyses said...

burberry factory outlet, uggs on sale, oakley sunglasses, prada outlet, longchamp outlet, louis vuitton, michael kors handbags, nike free, michael kors outlet, longchamp outlet, ralph lauren outlet, michael kors outlet online, oakley sunglasses, burberry outlet, nike outlet, longchamp bags, kate spade, ray ban sunglasses, tory burch outlet, uggs on sale, christian louboutin, ray ban sunglasses, uggs outlet, louis vuitton handbags, tiffany jewelry, louboutin shoes, replica watches, prada handbags, louis vuitton outlet, nike air max, louis vuitton outlet, michael kors outlet store, oakley sunglasses, michael kors, cheap jordans, nike air max, uggs outlet, uggs on sale, michael kors outlet online, ralph lauren polo, gucci handbags, louis vuitton outlet online, christian louboutin, chanel handbags, cheap oakley sunglasses, louboutin uk, ray ban sunglasses, replica watches

1:31 AM  
Blogger oakleyses said...

vans pas cher, mulberry uk, sac guess pas cher, nike free pas cher, lululemon outlet, polo lacoste pas cher, nike air force, nike air max uk, coach outlet, true religion jeans, new balance, ralph lauren pas cher, converse, true religion outlet, nike air max pas cher, jordan pas cher, michael kors outlet online, coach purses, kate spade outlet, nike tn pas cher, hogan sito ufficiale, north face pas cher, timberland pas cher, longchamp soldes, nike roshe run pas cher, nike air max uk, north face uk, michael kors, nike free, longchamp pas cher, ray ban uk, vanessa bruno pas cher, polo ralph lauren uk, hollister uk, michael kors uk, burberry pas cher, hermes pas cher, coach outlet, louboutin pas cher, nike blazer pas cher, true religion outlet, abercrombie and fitch UK, coach outlet store online, lunette ray ban pas cher, abercrombie and fitch, nike air max, nike roshe uk

1:33 AM  
Blogger oakleyses said...

toms shoes, coach outlet, swarovski uk, supra shoes, canada goose jackets, barbour jackets uk, sac louis vuitton, canada goose outlet, ugg uk, moncler outlet, juicy couture outlet, moncler, ugg,uggs,uggs canada, canada goose pas cher, wedding dresses uk, moncler, michael kors handbags, hollister, doke & gabbana, sac louis vuitton, juicy couture outlet, links of london uk, moncler jackets, canada goose outlet, michael kors outlet, pandora charms, canada goose uk, canada goose, swarovski jewelry, michael kors outlet online, pandora uk, thomas sabo uk, pandora jewelry, moncler pas cher, canada goose jackets, karen millen uk, bottes ugg pas cher, moncler uk, pandora jewelry, ugg,ugg australia,ugg italia, louis vuitton, louis vuitton, louis vuitton uk, marc jacobs, moncler, canada goose

1:37 AM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home