Add Vantage Drilling (VTG) To The List of Penny Stocks To Buy

Expect to see a jump in the penny stock of Vantage Drilling Co. (Nyse AMEX: VTG) on Monday after the offshore driller announced the closing of its acquisition. Vantage Drilling, one of the premier offshore oil drilling companies, announced after the market closed the Luxembourg branch of its wholly-owned subsidiary closed the deal and accepted delivery of the Titanium Explorer, a deepwater drillship f.k.a. the Dragonquest. The ...

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Penny Stock To Watch: Office Depot (ODP) Still Gaining

NYSE traded penny stock Office Depot (NYSE: ODP) announced prior to market open a major reinvestment into their company by commencing a cash tender offer to purchase up to $250 million of its outstanding 6.25% Senior Notes due 2013. ODP, a leading global provider of office supplies and services that helps customers save time, is an open target to be taken over by its biggest competitor, ...

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