Honor Roll Stocks: $IAO, $CBAK and $SPIR
December 29th, 2009 at 4:43 pm Posted by
In an effort to bring the CollegeStock Community even more fresh content about the small cap markets and world of penny stocks, The Dean presents his Daily Honor Roll of picks on the move.
$IAO
IA Global Inc. (AMEX: IAO) is a business process outsourcing (BPO) and financial services corporation, focusing on B2B and business to commerce markets in Asia, the United States and down under. $IAO moved up as much as 88% earlier in the day, trading over 16 million shares and closing the day at the top of The Dean’s List with a gain of 62.38%.
$CBAK
China BAK Battery, Inc. (NASDAQ: CBAK) manufactures, commercializes and distributes various standard and customized lithium ion rechargeable batteries. Apparently, a rumor of business dealings with Google (NASDAQ: GOOG) was enough to give $CBAK the power to climb more than 60% today—and, perhaps, rightfully so.
$SPIR
Spire Corporation (NASDAQ: SPIR) develops, manufactures and markets engineered products and services in the PV solar, biomedical and optoelectronics industries. Although not moving outside the solar system today, $SPIR gained as much as 45%, before closing 42.39% in the green—and that’s certainly good enough to make The Dean’s Honor Roll today.
And The Dean just wouldn’t be The Dean, if he didn’t point out a stock that fell flat on its face:
$LFHE
LifeHealthCare, Inc. (OTC: LFHE.OB) develops products for dental and healthcare marketplaces. After falling 84% today, The Dean hopes $LFHE has some products in its pipeline to help fix the company’s broken crown.
But no crowns will be worn today, $LFHE, but you can try your luck with this funny-looking, cone-shaped hat with your name on it because you’re officially The Dean’s Dunce of the Day!
Stay tuned for more movers, shakers, name takers and, of course, The Dean’s Dunce of the Day tomorrow.
