Penny Stocks to Watch for June 11: (TTCS, TECO, IVIT, BGP, DNPI)

June 11th, 2010 at 8:21 am Posted by 
Dear Students

This week has been quite eventful, with the exception of The Dean’s oil spill penny stock not going as planned. Even though it’s Friday, The Dean will be keeping a keen eye on these penny stocks:

TTCS $1.58 +163.33%
Late in the trading day yesterday, TIE Technologies, Inc. (OTC: TTCS.PK), an information technology, smart logistics, and telemetrics company, announced that its OilDam solution has been scheduled for testing by the BP and U.S. Coast Guard Field Technical Operations Group on June 28, 2010. This penny stock is up more than 500% in the past five trading days.

TECO $0.022 +83.33%
Yesterday, Treaty Energy Corporation (OTC: TECO.OB) announced the company has struck oil in its first well in Pickett County, TN. Additionally, the company reached an agreement for a 45 acre lease in this vicinity.

IVIT $0.0004 +33.33%
Yesterday morning, Invicta Group Inc. (OTC: IVIT.PK), a full service multimedia management and marketing company, opened an account with Candy Tech, and was awarded a 3,000,000 impression initial order.

BGP $1.57 +24.60%
Yesterderay, Borders Group, Inc. (NYSE: BGP) opened a location in Dedham, MA, and made an announcement pledging to support the Gulf Coast oil spill relief efforts by donating 10 percent of customer transactions made this weekend, up to $50,000, to the Coalition to Restore Coastal Louisiana.

DNPI $0.4099 -25.47%
After market close, DecisionPoint Systems, Inc. (OTC: DNPI.OB), a leading provider of enterprise mobility solutions, announced that demand for its MobileArc for Couriers offering has exceeded expectations.

Happy Trading, The Dean



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