Calgary, Alberta –PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com
Digital Angel Corp (NASDAQ: DIGA), develops innovative identification and security products for consumer, commercial and government sectors worldwide. The stock has hit an all day high of $0.54 after it opened at $0.49. The company announced today that its Destron Fearing unit has signed a contract extension with Intervet Incorporated to provide syringe and RFID microchip systems and readers.
Cereplast Inc (NASDAQ: CERP), announced today that they expect to ship 16 million pounds of bioplastics in 2010 to customers, representing a 400% increase in shipments compared to 2009. CERP is a leading manufacturer of proprietary bio-based and sustainable plastics. The stock is performing well today as it is currently trading at $3.80 for an astounding 25.8% gain.
AMBAC Financial Group Inc (NYSE: ABK), specialises in financial guarantee and financial services where they make payments if the obligor responsible for making payments fails to do so. The company announced yesterday that it has commuted all of its remaining $16.4 billion of exposure to collateralized debt obligations of asset-backed securities. The stock saw a gain this afternoon of (11.7%, +0.12) and is now trading at $1.15.
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