As we are constantly looking to bring you the freshest plays with the strongest returns, penny stock traders should be watching GESI, SVU and MSLP today. GESI stock price closed at its HOD Thursday before CEO Gordon Mackay announced on a radio interview that financing was in place with no stock dilution for their expansion project. SVU stock got crushed after missing earnings and receiving multiple downgrades from Wall Street analysts. MSLP stock continues to trade in a tight range as investors await a Q2 earnings preview after Q1 revenues topped $16 million.
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Green Energy Solution Industries (GESI): Breakout / Day Trade
GESI Current Stock Quote: 0.027 (click here)
http://www.barchart.com/
Green Energy Solution Industries Inc (GESI) is a project developer for renewable energy projects in Canada. Utilizing in-depth due diligence, Green Energy Solution Industries has developed business plans, contracts and agreements with resource providers, land owners, waste sources, technology providers, and government entities for the placement of renewable energy projects.
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Supervalu Inc. (SVU): Bounce / Swing / Volume
SVU Current Stock Quote: 2.69 (click here)
http://finance.yahoo.com/q?s=
Supervalu Inc. (SVU), together with its subsidiaries, operates retail and wholesale food stores in the United States. Its stores primarily sell perishable and nonperishable grocery, general merchandise, health and beauty care products, fuel, and pharmacy products to shoppers, independent retail customers, single and multiple grocery store independent operators, regional and national chains, mass merchants, and the military. The company conducts its retail operations under the Acme, Albertsons, Cub Foods, Farm Fresh, Hornbacher’s, Jewel-Osco, Lucky, Save-A-Lot, Shaw’s, Shop ‘n Save, Shoppers Food & Pharmacy, and Star Market banners; and in-store pharmacies under the Osco and Sav-on banners. It also offers logistics services; and facilitative services, including sourcing, invoicing, and payment services between its independent retailers and vendors. As of July 11, 2012, it served customers through a network of approximately 4,400 stores comprising 1,101 traditional retail stores, including 798 in-store pharmacies; 1,336 hard-discount stores, including 939 operated by licensee owners; and 1,950 independent stores serviced primarily by its traditional food distribution business.
MusclePharm Corp. (MSLP): Long
MSLP Current Stock Quote: 0.0185 (click here)
http://www.otcmarkets.com/
MusclePharm Corp. (MSLP) is a healthy life-style company that develops and manufactures a full line of Informed Choice approved nutritional supplements that are free of banned substances. Utilizing years of research at the MusclePharm Sports Science Center, the products are created through a six-stage research protocol involving the expertise of top nutritional scientists and field tested using a pool of over one hundred elite professional athletes from various professional sports leagues including the National Football League, Mixed Martial Arts and Major League Baseball. The company’s products address many categories of active lifestyles, including muscle building, weight loss and maintaining general fitness through a daily nutritional supplement regimen. MusclePharm products are sold to consumers in more than 120 countries and available in over 10,000 U.S. retail outlets, including Dick’s Sporting Goods, GNC, Vitamin Shoppe, Vitamin World and Wal-Mart. MusclePharm products also are sold through more than 100 online stores globally, including bodybuilding.com, Amazon.com and Vitacost.com.
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After issuing an alert on Wednesday, we are reiterating our long view on MSLP as the days draw closer for their Q2 earnings data. For Q1 eneded March 31, 2012, net sales were $16,560,680 compared to the restated Q1 ended March 31, 2011, $3,033,936.
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