Archive for August 2011

Stock Alert for Micro Imaging Technology Inc. (MMTC)

Micro Identification Technologies Inc. (MMTC), formerly Micro Imaging Technology, is a California-based company that has developed and patented a system that revolutionizes the pathogenic bacteria diagnostic process and can annually save thousands of lives and tens of millions in health care costs. The Company’s Rapid Microbial Identification System identifies bacteria in minutes, not days, and at a significant per test - Continue Reading »

OTC Stock in News; Greenhouse Holdings on the Move

OTC Stock in News; Greenhouse Holdings on the Move

Greenhouse Holdings Inc. (OTC: GRHU), a provider of integrated energy solutions, earlier this week released its second-quarter financial results, sending shares soaring above today’s broader market losses, gaining 13% in late trade. For the three-month period ended June 30, 2011, the company reported revenue of $930,000, compared with $1.6 million reported for the same period in the previous year. The - Continue Reading »

Stock Alert for Photronics Inc. (PLAB)

Photronics Inc. (PLAB) is a manufacturer of photomasks, which are precision photographic quartz plates containing microscopic images of electronic circuits. Photomasks are key element in the manufacture of semiconductors and flat panel displays (FPDs), and are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits (ICs) and a range - Continue Reading »

Nasdaq Stock Leader; Clearwire spikes into Solid Gains

Nasdaq Stock Leader; Clearwire spikes into Solid Gains

Clearwire Corporation (NASDAQ: CLWR) shares are seeing a huge rally in today’s trading after the company said in a regulatory filing that its chairman, John W. Stanton, acquired 2.8 million of its shares. At last check, Clearwire shares were trading 19.13% higher at $2.18, with volume up from daily average of 7.73 million to 8.80 million. Clearwire shares are up - Continue Reading »

Stock Alert for Marshall Edwards Inc. (MSHL)

Marshall Edwards Inc. (MSHL) is an oncology company focused on the clinical development of novel anti-cancer therapeutics. Its lead programs focus on two families of small molecules that result in the inhibition of tumor cell metabolism. The first and most advanced is a NADH oxidase inhibitor program that includes lead candidate ME-143 (formerly NV-143). The second is a mitochondrial inhibitor - Continue Reading »

Stock Alert for DryShips Inc. (DRYS)

Stock Alert for DryShips Inc. (DRYS)

DryShips Inc. (DRYS) is a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services.  Through its majority owned subsidiary, Ocean Rig UDW Inc., DRYS owns and operates nine offshore ultra deepwater drilling units, comprising of two ultra deepwater semisubmersible drilling rigs and seven ultra deepwater drillships, four of which remain to be - Continue Reading »

3 Top Penny Stocks Investors are Watching

3 Top Penny Stocks Investors are Watching

Shares of Location Based Technologies Inc. (OTC: LBAS) are soaring in today’s trading. At last check, the penny stock was trading 9.88% higher at $1.09, with volume up from daily average of 904,851 to 1.84 million. The stock gained 41.21% in the last three trading sessions. - Continue Reading »

Penny Stock Shares Swing to Loss; Micro Imaging Review

Penny Stock Shares Swing to Loss; Micro Imaging Review

Micro Imaging Technology Inc. (PINK: MMTC) shares dropped 16% in today’s late trading, erasing earlier gains of nearly 10% on the day. In the last five trading sessions, Micro Imaging shares gained more than 250%. - Continue Reading »

OTC Stock Review; Greenfield Farms announces Stock Purchase Agreement

OTC Stock Review; Greenfield Farms announces Stock Purchase Agreement

Greenfield Farms Food Inc. (OTC: GRAS) on Wednesday announced that it entered into a Stock Purchase Agreement for up to $10 million with Ascendiant Capital Partners LLC. Greenfield will use the funding from Ascendiant to continue with the execution of its strategic plans, including the funding of new facilities and acquiring more cattle to fill demand for the company’s products. - Continue Reading »

What’s that Fannie Mae up to?

What’s that Fannie Mae up to?

According to a report by the Wall Street Journal, Bank of America Corporation (NYSE: BAC) reached an agreement to sell a portion of its home loan portfolio to government sponsored mortgage giant Fannie Mae (OTC: FNMA). The Journal reported that Bank of America agreed to sell a pool of 400,000 loans to Fannie last Friday. Fannie is said to have - Continue Reading »