Lucky Number 7 Stocks Today on The Deans List DDRX PNX GWGI ZLC BGP HZO TLB
April 21st, 2009 at 9:15 am Posted by
DDRX released quarterly earnings after the closing bell on 4/20/09 and announced net income of $0.25/share and quarterly revenue growth of 72% YoY.
PNX just announced that they’re supposed acquisition “American Sterling Corporation” has been placed under FDIC receivership. (aka the acquisition went belly-up). This is an easy-to-borrow short with a lot of potential downside.
GWGI is a penny stock promotion by 247stockalert.net, bestdamnpennystocks.com, dubaipennystocks.com, whisperfromwallstreet.com and maybe some other groups so the promotion could take this stock higher. As always beware the gap-up and remember the importance of selling the trade.
ZLC is one I’m buying if/when it crosses $5 (the Jan 6th high) in which case it could quickly go to $5.50 or $6.
BGP is one I’d consider shorting if it gradually fades to the $1.30-$1.40 range but till then I’ll stay on the sidelines.
HZO appears to be a good short candidate as long as it doesn’t convincingly trade above the $4 high set back in late Dec ’07.
TLB is getting hammered and for very good reasons. The 52-wk low is $1.45 set on 1/21/09 and it wouldn’t shock me if TLB re-tested that low.
Great call on DDRX! How did you know it would keep going up??