Cheap Stocks: YM BioSciences (YMI) Banking on CYT387

Since Canaccord Genuity initiated coverage with a “buy” rating and $4.00 price target, the penny stock of YM BioSciences Inc. (AMEX: YMI), has dropped -9.33%. Why the shares of YMI are so undervalued when you look deep into their product line is puzzling. Shares of YMI closed up 4.17% at $1.75 on lighter than average volume in the last trading session.

There ...

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OTC Stocks To Watch: New Lows For Bioheart Inc (BHRT)

Shares in Bioheart Inc. (OTC: BHRT) closed at a new 52 week low for the penny stock at $0.028 in the last trading session. The stock price of BHRT lost nearly 1/4th it’s value the day after the company filed its 10-K for fiscal 2012. Shares in Bioheart are down -37.50% YTD.

A little more than 2 years ago, the penny ...

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Penny Stocks to Watch: Joe’s Jeans’ (JOEZ) Bulging Results

Shares in the penny stock of Joe’s Jeans Inc. (NASDAQ: JOEZ) are up 28.23% in after hours trading at $1.59. As we mentioned earlier (here), the retail sales results would impact the direction that the stock would go. reporting after the closing bells consolidated Q1 net sales increased 23% to $26.0 million, expect Continue Reading →

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Penny Stocks To Watch: Pinnacle Airlines (PNCL) Grounded

The penny stock of Pinnacle Airlines Corp. (NASDAQ: PNCL) could be worthless even though the share price was 54 cents at the end of the last trading session. Pinnacle Airlines announced Friday that the U.S. Bankruptcy Court for the Southern District of N.Y. entered an order which imposes substantial restrictions on the penny stock. Trading in equity interests and debt claims against Pinnacle Airlines Corp. and affiliates ...

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Water Technologies, Inc. (OTC PINK WTII.PK) Continues Gains

Penny Stocks To Watch: Shares of Water Technologies International, Inc. (OTC PINK: WTII.PK), designers, manufacturers and distributors of atmospheric water generators, saw a huge rally in their stock on Monday.

At the end of the day, the penny stock of WTII closed 29.87% higher at $0.10 with volume up from daily ...

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Penny Stock Alert: American Fiber Green Products (AFBG)

One thing that makes penny stocks more valuable than the momentum behind them is the need for what they patent, license or manufacture. If everyone needs it like Windows, Internet Search Engines or Portable Communications, it is a sure winner. Well, one of the pink sheet stocks that had not gotten any attention since its founder past away might just have that “needed” item in a two-fold sense. ...

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Six Penny Stocks To Watch This Week: SNPK, OREO, MYRY, VGPR, SNDY, AAPH

Six penny stocks to watch that are begging for entrants this week are SNPK, OREO, MYRY, VGPR, SNDY, and AAPH. Entering into a penny stock is rather simple because most penny stock traders can draw the same trend-lines and breakout spots. Anybody with a writing utensil can draw a trend-line and buy a penny stock, but the ...

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Biopharmaceutical Penny Stock To Watch: Durect Corp (DRRX)

Biotech penny stocks have always attracted those who invest in penny stocks due to their explosive nature upon FDA approval of any drugs they have in their pipeline. It’s worth putting them on to a penny stock list to watch, especially when they are not OTC stocks. One of those penny stocks to watch is Durect Corp. (NASDAQ: DRRX). DRRX had a huge drop in share ...

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Penny Stocks To Watch: American Petro-Hunter (AAPH)

American Petro-Hunter, Inc. (OTCBB: AAPH) announced today commercial oil and gas sales have begun. The NOM-3H horizontal oil and gas well has shipped an inaugural 1,000 barrels following the well’s first weeks of production. This is AAPH’s 3rd horizontal well in N. Oklahoma and is producing from the Mississippi Lime formation. AAPH expects the well to exceeded 200 barrels of oil per day and 400 MCF gas.

AAPH is ready ...

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Hot Penny Stock Alert: Talon Therapeutics (TLON)

While everyone trading penny stocks is trying to find the next great penny stock, savvy investors looking for OTC stocks will be watching closely Talon Therapeutics, Inc. (OTCBB: TLON.OB). Talon Therapeutics, Inc. is a S.F. Bay Area based biopharmaceutical company. TLON, formerly known as Hana Biosciences, has experienced an expected run over the last few months leading up to the AdComm panel decision. TLON is going ...

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