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If you’re like me, you’re pretty sick of watching European headlines dictate the direction of our markets. It’s a never ending battle of good versus evil (well, not necessarily real evil). Take yesterday for example… Over the weekend, the IMF announced Spanish banks would be getting a €100 billion ($125 billion) bailout. The rescue funds [...]
The overall markets finally got a slight reprieve from rampant volatility this week. But, it didn’t stop shares of CyberDefender (CYDE) from making a huge move. However, I doubt shareholders are complaining… the stock shot up 95% over the past week. So what’s going on? Surprisingly, it wasn’t a particularly positive event that sent the [...]
What a wild week for Eastman Kodak (EK)… I wrote about Kodak just over a month ago. But this week’s rollercoaster ride makes last month’s move look like a kiddie ride. It’s hard to imagine any penny stock experiencing more volatility than Kodak saw this past week. Remember, EK use to be quite the high [...]
What a week for precious metals! As wild as the stock market has been lately, precious metals have been even crazier. The price of both gold and silver nosedived last week. And it looked like the long-lived bull market in precious metals may have finally come to an end. But just as it seemed there [...]
Not too long ago, I highlighted Seven Arts Pictures (SAPX) in this column. And once again, this penny stock is on the move. It’s a particularly interesting story… When I first covered SAPX, they had just announced an agreement with Prodigy Pictures to produce Neuromancer. This highly anticipated movie is an adaptation of a popular [...]
If it’s high octane penny stocks you’re seeking… look no further than the biotech industry. Huge swings in stock prices are a common occurrence in this popular industry. Why all the action? Because company-making (or company-breaking) catalysts are frequent events in biotech. You see, companies rely almost entirely on FDA approval for the success of [...]
In yet another week of heavy stock market volatility, one company was more volatile than most. Tri-Valley (TIV) just experienced one of those weeks that management can’t wait to forget. Here’s the deal… TIV is listed as an oil and gas drilling and exploration company. And they are, in fact, producing oil and gas from their properties [...]
One of the most volatile industries in the market these days is mortgage insurance. Of course, it’s really no surprise. The vast majority of businesses involved in the housing and mortgage industries are dealing with an uncertain future. And the mortgage insurance industry has been even crazier than most. In fact, there are only a [...]
Here’s an eye-opener… Eastman Kodak (EK) is a penny stock! Yes, Kodak has been on its way down every since digital cameras hit the mainstream. The writing has been on the wall for some time – but it’s still hard for me to fathom. I mean, we’re talking about a former Dow Jones Industrial Average [...]
Revenue growth is an important metric for investors and analysts alike. In penny stocks growing revenues can mean very little if that growth falls below expectations. And sometimes missing expectations can be just as bad as shrinking sales. For example, take a look at Primo Water (PRMW)… This is a company that would appear to be [...]
What a week! Every couple years we have a week like this in the stock market. I like to describe it as financial pandemonium. Needless to say, there are plenty of candidates for this week’s Penny Stock On The Move. When the S&P 500 drops roughly 14% in a week – and then rallies 5% [...]