Honor Roll Stocks: $GRNO, $HALO and $PDGE
March 1st, 2010 at 4:48 pm Posted by
In an effort to bring the entire student body stock picks on the move and stock market winners of the day, here’s The Dean’s Honor Roll:
$GRNO
Green Oasis Environmental, Inc. (OTC: GRNO.PK), one of The Dean’s free stock picks of the week, has focused its efforts on seeking acquisitions of technology and/or operations concerning the remediation of slop oil, waste engine oil, and tank bottom oils. Prior to market open, $GRNO announced that the company retained Harbinger Research, LLC, an independent equity research firm, to provide research coverage services. This news was followed by heavy volume, making this penny stock a mid morning market mover, and the stock continued to climb to the top of The Dean’s List, closing up 53.48% today.
$HALO
Halozyme Therapeutics, Inc. (NASDAQ: HALO) is a biopharmaceutical company, which develops and commercializes products targeting the extracellular matrix for the endocrinology, oncology, dermatology, and drug delivery markets. About midday, Reuters reported that $HALO shares jumped 14% on speculation that $HALO could become a takeover target because one of its partners, Baxter International (NYSE: BAX), bought ApaTech for $330 million today.
$BGOI
Bonanza Oil & Gas, Inc. (OTC: BGOI.OB) an independent energy company, engages in the exploration, production, and development of crude oil, natural gas, and natural gas liquids in the United States. No news out today for $BGOI but that sure didn’t stop this penny stock from trading more than 3.5 times its 3 month average volume and moving up 25.71% into the green. The Dean believes $BGOI could be set for an even bigger bounce—so keep an eye out.
And let’s not forget The Dean’s Dunce of the Day:
$PDGE
If this stock’s looking pudgy, it’s sure not because shareholders lined their pockets today. PDG Environmental, Inc. (OTC: PDGE.OB) provides environmental and specialty contracting services to private sector clients, and government and public institutions in the north eastern, southern, and western portions of the United States. Today’s financially unfriendly fall of 73.58% came as no surprise, as $PDGE filed for “Bankruptcy or Receivership” on Friday.
