Popular Penny Stocks for August 18: (BMSD, APTD, SBRH, PPBL, ICOA)
August 18th, 2010 at 1:22 pm Posted by
The Dean would like all of his students to make note of these popular penny stocks for Wednesday, August 18, 2010:
BSDM $2.94 +160.18%
BSD Medical Corporation (NASDAQ: BSDM) develops, manufactures, markets and services medical systems that deliver precision-focused radio frequency energy into diseases sites of the body, heating them to specified temperatures as required by a variety of medical therapies. Today, the Company announced the U.S. Food and Drug Administration (FDA) has granted them 510(k) clearance to market the Company’s MicroThermX Microwave Ablation System (MTX-180), “designed to provide a higher power, optimized system targeted to the growing therapeutic interventional and surgical oncology market.” With this news, BSDM shares have soared nearly 177% over Tuesday’s close of $1.13, trading as high as $3.13 today.
APTD $0.0039 unch
Most recently, AlphaTrade.com (OTC: APTD) released financials for the quarter ended June 30, 2010, with total revenues of $769,000, and net income of $62,000. Although this news came last week, APTD has traded nearly 72 million shares today.
BYSD $0.0014 +7.69%
Bayside Petroleum Company, Inc. (PINK: BYSD) engages in the exploration, development, and production of oil and gas reserves in the United States. Despite the Company not issuing news in over two months, BYSD has emerged as a popular penny stock today. This morning, BYSD traded 215,000 shares but hasn’t seen any additional volume this afternoon.
PPBL $0.052 -33.76%
This morning, Premiere Publishing Group (OTC: PPBL) announced the Company has closed its acquisition of Bold TV Corporation, an internet based television network. Although PPBL has traded more than 4.5 times its 10-day average volume, shares have fallen as much as 47% today.
ICOA $0.0002 +100.00%
ICOA, Inc. (PINK: ICOA) provides broadband wireless and wired Internet networks and managed services in high-traffic public locations in the United States. Despite this Company not issuing any recent news, ICOA has traded more than 44 million shares, and is trading well in the green today.
