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Wednesday, June 11, 2008

Penny Stock Pick - AHCI

The crazy oil price and miserable housing market are turning the whole economy into recession. However there is still one industry that is still booming - healthcare. So today's penny stock to take a look is Allied Healthcare International Inc. (AHCI), a New York based company providing health care staffing service in United Kingdom. With healthcare staff in high demand, this is a great growth play. And earlier this week the company announced great new as it secured a long term contract for two years.

Technical
The
technical chart shows positive sign as stock has been trading above 50 day moving average. In addition with KD going up the stock is probably ready for a rally.

Insider
The insider have been selling shares and the insititions have also been selling shares in the latest quarter. Not really a good sign.

Financial
Although the revenue has been going down for the past few years, the company is able to generate net income of $66 million in the last year. The cash level at this point looks sufficent.


Conclusion
This is a great stock in the right sector with stable finance. Definitely a great buy.

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

Wednesday, June 04, 2008

Penny Stock Pick - PRC

The potential high flying oil stock to look at today is Petro Resources Corp. (PRC), a Houston Texas based company with oil and gas fields in North Dakota as well as working interest in Texas, Gulf of Mexico, New Mexico, Illinois, Utah and Colorado. Considering high oil price at the moment, this is a penny stock worth looking at as it is trading at $1.79.

Technical
The
technical chart shows the stock is probably back to bullish run as the stock is trading above 50 day moving average with the moving average going up. Another very positive sign is MACD which has been above 0 since April.

Insider
The insititions sold above 1 million shares in the latest quarter. The insider transactions show mix signal some purchases earlier this year and some sales in March.

Financial
The incomme statements shows positive sign as revenue in 2007 jumped 350% compared to 2006. The company still has huge net loss yet the balance sheet still looks ok as the company has more cash than total short term debts.


Conclusion
This is a potential high flying stock in the right sector. Improving revenue makes this one a gem undiscovered

Penny Stock Score (1~5) 5 is highest
1. Industry (Oil): 5
2. Technical: 4
3. Insider: 2.5
4. Financial: 3.5
Recommendation: Accumulate

Sunday, June 01, 2008

Penny Stock Pick - END

Last time we introduced a potential high flying oil driller Blue Dolphin Energy(BDCO). This time we'll take a look at another oil driller Endeavour International Corporation (END), a Houston Texas based company with oil and gas fields in North Sea. The stock recently has been on a rise as oil keep setting record high.

Technical
The
technical chart shows positive sign as both 50 day and 200 day moving average are both rising with MACD above 0 and K line rising on top of D line.

Insider
Insider transaction shows very bullish sign as insiders have been buying the stock like crazy since the beginning of this year. However the institutions are bearish as they sell 19 million shares in the lates quarter.

Financial
The financial statements were impressive as revenue shows rapid growth in past year. More impressively the revenue of the lastest quarter was more than the revenue of the entire year in 2006. However one cautious sign to pay attention to is the net tangible asset which is currently still below 0.


Conclusion
This is a potential high flying stock in the right sector. Improving revenue makes this one a gem undiscovered

Penny Stock Score (1~5) 5 is highest
1. Industry (Oil): 5
2. Technical: 5
3. Insider: 3.5
4. Financial: 4
Recommendation: Strong Buy