Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News |  Trends Indicate These Hot Penny Stocks Could DropPromoted stocks from May 2010 spent millions on PR marketing and most of the trends are down.
By: Staff KRY - paid $200k for promotion 5/20/2010. Company explores for gold in Venezuela. AMEX listed. No revenues, wrote off $297M of property and equipment Q4 2009. MACD is 0. Name: Crystallex International SILA - paid huge money for promotion 5/20/2010. Company leases property in Zacatecas, Mexico from Yale Resources for silver mining. Market cap at 1.20 = $102M. Name: Silver America BHWX - massive $980k promotion 4/22/2010. Exploration company. No revenues, no assets. Market cap at $0.49 = $27M. MACD is down at -0.01. Name: Black Hawk Exploration BLSP - massive $$638k promotion 5/5/2010 and another $300k in March 2010. Company changed business focus from promoting automotive websites to greenhouse gas emission reduction. Stock topped out around the time of each promotion. Market cap at $0.76 = $67M. MACD -0.03 trending down. Name: Blue Sphere Corp GRPR - massive $570k promotion 5/7/2010. Company is developing a gas property in Wyoming. No revenues, no assets. Market cap at $0.92 = $59M. MACD trend down -0.06. Name: Grid Petroleum ABKI - Abakan, Inc promoted by a newsletter 5/7/2010. Company invested in MesoCoat, a cladding product for use in higihly corrosive environments such as oil and gas industries. Market cap at $1.05 = $57M. Daily MACD is trending down. Name: Abakan Inc * MACD refers to MACD Divergence using daily period parameters: 9, 12, 26 # # # About TraderTV TraderTV is an independent stock market research analyst specializing in trend following and micro cap penny stocks. Videos review the hottest stocks of the day in terms of dollar volume and price change. TraderTV is open to the public at http://Trader- End
|
| ||||||||||||||||||||||||||||||||||||||||||||||
