Archive for August, 2010
Hewlett Packard (HPQ) to Buy Back $10 billion of its Stock
Hewlett-Packard (NYSE: HPQ) shares jumped on Monday morning the company said its board of directors authorized the company to purchase $10 billion worth of its own stock. Interim CEO and Chief Financial Officer Cathie Lesjak said in a prepared statement.”HP has a strong balance sheet,” “We plan to be active in repurchasing our shares, and
CA Technologies (CA) to Acquire Arcot Systems Inc. for $200 Million
CA Technologies (Nasdaq: CA) announced on Monday that it has agreed to acquire Arcot Systems Inc, maker of authentication and anti-fraud software, for $200 Million. Dave Hansen, General Manager for the Security business at CA Technologies, said in a statement. “Arcot brings to CA Technologies a strong business in fraud prevention and unique capabilities in
mPhase Technologies, Inc. (OTC:XDSL) Scores Amazing Gains On Hopes and Promotions
mPhase Technologies, Inc.
Spherix Incorporated (NASDAQ:SPEX) Still Holds The Up Move
Spherix Incorporated (NASDAQ:SPEX) still holds the up move on the market. Last week, the stock soared in its price and volume, and today SPEX continues the gain. The company has released no news since it has reported its Q2 results about two weeks ago.
Gold American Mining Corp. (OTC:SILA) The Promotional Impact Weakens
Despite the ongoing press releases and a number of new known and unknown stock promoters, Gold American Mining Corp. ( OTC:SILA ) stock tanked on Friday. Even the opportunity to acquire the next mining option could not support a sustainable uptrend for the stock.
Peerless Systems Corp. (NASDAQ:PRLS) Stock Is Artificially Revalued
The utilized standard tool for elevating the market value of a stock has already shot and will maybe further shoot Peerless Systems Corp. ( NASDAQ:PRLS ) stock to the clouds. In one trading session, the announced by PRLS share repurchase order guaranteed a higher trading range, higher trading volume and not less important, a new 52-week high for PRLS stock.
Radient Pharmaceuticals Corporation (AMEX:RPC) Breaks Up The Gain?
Last week, Radient Pharmaceuticals Corporation (AMEX:RPC) started to gain fast. On Thursday and Friday, the stock soared heavily on its price and its traded volume exceeded 6 million shares.
GETFUGU INC (OTC:GFGUE) Flies Up At Top Speed And No Cash
Last Friday, GETFUGU INC (OTC:GFGUE) made a phenomenal gain on the market. All of a sudden, the stock flew up by 300% and traded over 14 million shares during the day. As GFGUE used to trade much lower before, the stock move shocked all the market analysts
China Electric Motor, Inc. (NASDAQ:CELM) Promoters Fail Again On New Dilution Risks
Since the annual shareholder meeting at the beginning of the month it is clear that China Electric Motor, Inc.
WPCS International Incorporated (NASDAQ:WPCS) Up and Waiting
WPCS International Incorporated ( NASDAQ:WPCS ) epopee from Friday might turn out not too favorable for the longs, if the story driven buyers see no more space for appreciation. Currently, things are heavily influenced by an outstanding takeover proposal and thus significant risk remains associated with the stock price
New Generation Biofuels Holdings, Inc. (NASDAQ:NGBF) Stock Surges On Advanced Speculative Technology
On Friday, following the huge investor enthusiasm from the previous day, New Generation Biofuels Holdings, Inc. ( NASDAQ:NGBF ) stock surged by 3.73% and closed at $0.25. Even the announced by the company cash conserving measures were not able to convince investors and shorters that NGBF stock may close the week above the psychological limit of $0.28 per share
New Generation Biofuels Holdings, Inc. (NASDAQ:NGBF) Stock Surges On Advanced Speculative Technology
On Friday, following the huge investor enthusiasm from the previous day, New Generation Biofuels Holdings, Inc. ( NASDAQ:NGBF ) stock surged by 3.73% and closed at $0.25. Even the announced by the company cash conserving measures were not able to convince investors and shorters that NGBF stock may close the week above the psychological limit of $0.28 per share.
Distribution Management Services, Inc. (PINK:DMGM) Becomes Monster Gainer on a Letter of Intent
The monster 5,500% jump of Distribution Management Services, Inc. ( PINK:DMGM ) on Friday seem to have been unexpected even by the stock promoters, who noticed the sudden activity in the middle of the trading session.
Distribution Management Services, Inc. (PINK:DMGM) Becomes Monster Gainer on a Letter of Intent
The monster 5,500% jump of Distribution Management Services, Inc.
Vietnam: Asia’s fastest growing economy may be ripe for speculators
Vietnam is poised to become Asia’s fastest growing economy as the VN Index rebounds from a record 66% drop last year. The 161 companies on the exchange are worth $16 billion, less than the market value of Yahoo. Vietnam’s 9-year-old stock market is on the move toward significantly increasing its capitalization. The Vietnamese Government has
Monday’s Stocks To Watch – UWRL, BFHJ, XYNH, DMGM
UWRL Friday’s volume was the highest its been since early July, almost two months. There were a lot of buyers at $.0011 and $.0012 on Friday, and I think they will be very happy short term. As I have said previously, it is my opinion that this stock will trade to $.006 and beyond.
DMGM – Will The Rally Continue Tomorrow?
Shareholders of DMGM are wondering exactly what their shares are going to open at tomorrow morning and close at tomorrow afternoon.
The Penny Stock Market Is Starting To Re-Awaken
Since late April-Early May and all the way through this summer, penny stocks have been a tough buy.
BFHJ – A Stock Waiting To Be Discovered
BFHJ, Beneficial Holdings, Inc., is a stock I have been watching for quite some time.
Johnson & Johnson (JNJ) Recalling 2 Hip Replacement Systems
Johnson & Johnson (NYSE: JNJ) has announced a voluntary recall of two hip-replacement systems due to a higher rate of revision surgeries required by patients. The most recent recall comes only two days after getting a warning from the FDA that it is illegally marketing two other products.
