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‘AIG’ Resort Finds a Buyer

April 7, 2010 in penny stock picks, penny stock picks news, penny stocks, penny stocks pick by penny stocks

Hedge fund Washington Real Estate Holdings LLC has purchased Citigroup Inc.’s equity control of the St. Regis Monarch Beach, the 400-room luxury resort made infamous by bailed-out insurer American International Group Inc.’s aborted plans to host a sales conference there in 2008.

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Sector Earnings Expectations

April 6, 2010 in best penny stocks picks, daily stock picks, hot penny stocks, penny stock by penny stocks

The guidance numbers from last earnings season were very positive.  The spread between the number of companies raising guidance versus lowering guidance came in at one of the highest levels in more than a decade.  When guidance is strong in any given earnings season, it means expectations for the following earnings season will be high.  Below we highlight the guidance breakdown from last earnings season by sector

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04/01/2010 Market Recap

April 3, 2010 in penny stocks, penny stocks pick, post by penny stocks

6 Consecutive Reversal Bars

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Penny Stocks News for Monday

April 2, 2010 in best penny stocks picks, daily stock picks, hot penny stocks by penny stocks

Epic Energy Resources, Inc. & Bontan Corporation Inc.

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SPX 1-2-1-2 or Triangle

April 1, 2010 in penny stock news, penny stock picks, penny stock picks news, penny stocks by penny stocks

Every blog I have read tonight says we are in a triangle and tommorrow should start a big move up – even EWI. Now I think to myself: do 1-2-1-2’s sometimes get confused as diagonals and are triangles often recognized too early. My take, after a margarita and a half carafe of wine, is below.  Any move above the high of 3-31 negates this count.

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U.S. rebound on good footing: Fed’s Fisher

March 31, 2010 in best penny stocks picks, daily stock picks, hot penny stocks by penny stocks

TUCSON, Arizona (Reuters) – The U.S. economic recovery is gathering speed as business activity picks up pace, despite lingering weakness in employment, Dallas Federal Reserve Bank President Richard Fisher said on Tuesday.

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Toyota casts doubt on account of runaway Prius in San Diego

March 29, 2010 in penny stock, penny stock news, penny stock picks by penny stocks

Toyota Motor Corp. released on Monday preliminary test results which showed inconsistencies in a man’s account last week of his Prius hybrid suddenly accelerating out of control on a highway near San Diego, California.

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SunTrust debt rating clipped by Fitch

March 27, 2010 in penny stock picks, penny stock picks news, penny stocks, penny stocks pick by penny stocks

Despite its rising stock price, SunTrust Banks Inc. was dinged Friday by Fitch Ratings, which lowered the bank’s long-term debt rating one notch.

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A rare opportunity in mining stocks

March 26, 2010 in penny stock picks, penny stock picks news, penny stocks by penny stocks

The names don’t exactly roll off the tongue, but these are four of the 17 rare-earth elements. You can’t build a Prius, an accurate missile or a wind turbine without them.

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CFO OF AUSTRALIAN LOGISTICS GIANT ASCIANO STEPS DOWN

March 25, 2010 in best penny stocks picks, daily stock picks by penny stocks

Australian transport and logistics company Asciano Group (ASX:AIO) says its chief financial officer Peter McGregor has resigned to pursue other opportunities outside the business.

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