Honor Roll Stocks: $SSEV, $EDAP and $RFMI
March 9th, 2010 at 4:16 pm Posted by
Here are The Dean’s Honor Roll Stocks of the Day:
$SSEV
The Dean taught the entire student body about Systems Evolution, Inc. (OTC: SSEV.PK), as part of The Dean’s free penny stock newsletter this week. Last week, $SSEV announced a 25% reduction in authorized shares and, today, released news of a further reduction. By The Dean’s calculation, this means that $SSEV‘s shares will decrease by 40% by the time the time the company has “this resolved by the end of the week.” As a result, $SSEV climbed to a high of $0.0036 for a potential gain of 100%, since Monday’s open, before closing 94% in the green.
Congratulations to all of The Dean’s students who did their homework and took home some green early this week.
$EDAP
EDAP TMS S.A. (NASDAQ: EDAP) and its subsidiaries develop, produce, market, distribute and maintain medical devices for the treatment of urological diseases. Today, $EDAP announced that the Japanese Administration has granted marketing approval of its newly designed, high-end Sonolith I-Sys lithotripsy device. As a result, $EDAP climbed as much as 68.65%, before closing the day up 20.63%.
$RFMI
RF Monolithics, Inc. (NASDAQ: RFMI) designs, develops, manufactures, and markets wireless solutions and wireless components for various applications in the industrial, medical, automotive, consumer, and telecommunications markets in the United States and internationally. $RFMI announced today that it has secured a multi-year agreement with a major medical equipment manufacturer for its ultra-low power short-range radio, the Virtual Wire transceiver. $RFMI traded more than 17 times its 3 month average volume and closed the day up 18.03%.
And let’s not forget about The Dean’s Dunce of the Day:
$SRNE
Sorrento Therapeutics, Inc. (OTC: SRNE.OB) operates as a seed stage biotechnology company. $SRNE claims the unfortunate title of Dunce because this stock fell 71.43% today.
