Penny Stocks to Watch for May 28: (JEDM, KRY, MINED, CGNH, JSDA)
May 28th, 2010 at 9:00 am Posted by
It’s Friday! The Dean will be watching these penny stocks today: $JEDM, $KRY, $MINED, $CGNH, and $JSDA
Yesterday, Jedi Mind, Inc. (OTC: JEDM.PK) announced a new thought-controlled application that could “hit the market next month.” The press release detailing this development suggests this puts $JEDM in the PC gaming market, which reached $13.1 billion in 2009.
In Thursday’s trading, Crystallex International Corp. (AMEX: KRY) moved up 7.98% on more volume exceeding its 3 month average but the company hasn’t released news in a week.
Interestingly enough, Minerco Resources, Inc. (OTC: MINED.OB) has seen more than a handful of press releases in the past 48 hours. In addition to receiving a $0.41 price target from Venture Research LLC yesterday, the company announced the signing of an agreement to acquire a 6 Megawatt Hydo-Electric Project in Honduras.
Yesterday, CardioGenics Holdings Inc. (OTC: CGNH.OB), the developer of the QL Care Point-of-Care analyzer and products targeting the immunoassay segment of the in vitro diagnostics (IVD) market, announced the receipt of a second shipment of silver-plated magnetic beads encapsulated by Merck Chimie S.A.S., the chemicals business sector of Merck Group.
Early Thursday morning, Jones Soda Co. (NASDAQ: JSDA) announced a deal with Walmart (NYSE: WMT) that authorizes the Company to retail its products approximately in 3,800 U.S. Walmart locations.
