Penny Stocks to Watch June 10: (FDEI, AMKT, DNPI, PPII, BGNN)
June 10th, 2010 at 9:00 am Posted by
If you haven’t figured it out yet, The Dean’s oil spill penny stock has been delayed (if not canceled). With that aside, here are The Dean’s penny stocks to watch for Thursday, June 10, 2010:
FDEI $0.022 +69.23%
Fidelis Energy Inc. (OTC: FDEI.PK) hasn’t seen news since a March 15th when the company announced a long-term solar module supply agreement with TinSol Energy Ltd. worth a reported $475 million.
AMKT $0.49 +63.33%
This morning, Ace Marketing & Promotions Inc. (OTC: AMKT.OB) announced an additional eight franchisee owned and operated Quick Serve Restaurant locations have been added to utilize its proximity marketing technology.
DNPI $0.55 +42.86%
Yesterday, DecisionPoint Systems, Inc. (OTC: DNPI.OB), a leading provider of enterprise mobility solutions, announced Harbinger Research, LLC initiated analyst research coverage on the Company “with a strong buy rating.” In fact, Harbinger estimates “shares should appreciate about 250% to $1.10 in the next 12 months.”
PPII $0.21 +31.25%
Pro-Pointer, Inc. (OTC: PPII.PK), through its wholly owned subsidiary, Coenzyme A Technologies, Inc., applies new technology to the formulation and manufacture of a series of proprietary products that address nutritional deficiencies. After a month with no news, the company released news last Friday, introducing a new supplement for arthritic and inflammatory conditions. Additionally, the press release detailing this development tells us the nutraceutical market is expected to exceed $15 billion this year, has experienced “double-digit growth over the last few years, and is expected to continue.”
BGNN $0.003 -3.33%
This morning, B Green Innovations (OTC: BGNN.OB) announced the company is set to release its “100% biodegradable, extra strong 18 gallon, 2.5 mm thick compactor bags” in the next month.” This week, the company also announced they’re “set to release” their biodegradable kitchen trash bags, but The Dean will spare you the product’s lengthy description.
