Stocks to Watch: $CTIC, $MCGI and $BGOI
March 8th, 2010 at 8:27 am Posted by
$CTIC
As part of The Dean’s free stock picks of the week, The Dean taught the entire student body about Cell Therapeutics (NASDAQ: CTIC). Early this morning, $CTIC announced the U.S. FDA has completed its inspection of the NerPharMa facility, which manufactures $CTIC‘s pxantrone, and found the site acceptable for continuing manufacturing of the drug product.
$MCGI
MedicalCareers Group, Inc. (OTC: MCGI.OB) engages in the planning and execution of medical meetings and educational programs for nurses, physicians, pharmacists, and other healthcare professionals. Last week, this stock moved up on strong volume and made some ridiculous gains. The Dean thinks $MCGI could receive a lot of attention today because this small cap was alerted by MomentumTrades.com, TryPennyStocks.com ($100,000), BestDamnPennyStocks.com ($250,000) and TheStockScout.com over the weekend.
$BGOI
Bonanza Oil & Gas, Inc. (OTC: BGOI.OB) is an independent energy company, engages in the exploration, production, and development of crude oil, natural gas, and natural gas liquids in the United States. Last Thursday, $BGOI announced that the production of their Jackson Well, “has increased by approximately 50% after performing re-fracturing stimulation of the well.” The Dean thinks $BGOI could see a big bounce because $BGOI has been put on traders’ radars by StockEgg.com, StockRich.com, HotOTC.com, CoolPennyStocks.com and PennyInvest.com for $85,000.
It’s possible that all three of these picks could spike up rather quickly this morning but The Dean will be looking for dips in early trading.
