Yesterday, the Wall Street analyst firm of Needham & Co. initiated coverage on Cytokinetics Inc. (CYTK) issuing a “Buy” rating and a $2.50 price target. The biopharmaceutical penny stock has not seen $2.50 in over 18 months and just agreed to sell an additional 55.92 million shares with 33.55 million attached warrants to Cowen and Co. LLC for $56 million. Seeing as ...
Beverage penny stocks are always going to be a treasure hunters stock where all the voyages and journeys may bring you to that Monster Beverage (MNST). So, when Skinny Nutritional Corp. (SKNY), the maker of Skinny Water®, announced a $15 million financing deal, why didn’t penny stock traders do the math? SKNY stock price actually dropped -6.25% ...
One penny stock that may be “cool” to trade Monday is the energy efficiency and renewable energy services company Blue Earth Inc. (BBLU). Although there was hardly any activity last week on the shares, BBLU stock price is set to open at $1 and could see some action this week. Real companies with real revenues don’t tend to be the biggest percentage gaining penny stocks ...
When we broke the news about the penny stock of Bullfrog Gold Corp. (BFGC) suddenly leaping onto the OTC, only few investors emailed in to say thanks for the heads up. That number is slowly increasing after BFGC stock price rose 23.53% on Friday to 0.63 on volume ...
Anytime insiders buy their own stock, it normally means the shares are undervalued and, who would know better than a director or board member. When $124.7 thousand was invested by Stephen C. Beasley, Director at BPZ Resources, Inc. (NYSE: BPZ), investors took notice. BPZ Energy makes up 1.20% of the SPDR S&P Oil & Gas Exploration & Production ETF (AMEX: XOP) and ...
Coming off an all time low of $0.70 almost two years after its all time high of $5.70, could it be time to buy the penny stock of Guanwei Recycling Corp. (GPRC)? Unequivocally Yes! GPRC stock price is just a dime above its all time low and interest in the penny stock seems to be deteriorating making it a perfect time to strike. Guanwei Recycling, ...
Last week, we walked into a sports trade show taking place at a hotel in Fort Lauderdale to do some scouting and stumbled upon Alveron Energy Corp. dba Safebrain Systems, (AECP). Alveron Energy is not a new company, but their $900,000 acquisition of Safebrain Systems from Rod Newlove is so fresh that the ink has barely dried on the purchase agreement. ...
The obviously overvalued penny stock of Organovo Holdings Inc. (ONVO) had their 2nd largest volume trading session Thursday for all the wrong reasons. ONVO stock price rose to as high as $4.50 after falling from their prior Seeking Alpha PR pump high of $10.90 after some of the truths already ...
The share price of Nova Mining Corp. (NVMN), a growth-focused entity looking to acquire high-demand mineral mining assets, is back at its starting point. NVMN stock price is down -26.83%to $1.20 after rising to as high as $1.63 since it began trading earlier this month. Considering how small the public float is, you would think that with the explosion in iProducts, ...
Someone opened up the back of the dump truck and unloaded shares in the penny stock of BizRocket.com Inc. (BZRT) on to the PinkSheets today. BZRT has a 3 month average volume of just 7,755 and never traded over 35k shares in a day until today. Almost 4 million shares of the KidzRocket.com website owners have been dumped on the same day ...
