The Dean’s Weekly Progress Report
October 24th, 2009 at 9:30 am Posted by
Last weekend, The Dean taught the entire CollegeStock Community about some promising picks to study for the week ahead. Of those 5 Prerequisite Picks, some stood out ABOVE the rest and had students taking home some honorable profits.
Novo Energies Corp. (OTC: NVNC) saw gains of a mere 4% this week. The Dean chose $NVNC as a Prerequisite Pick this week because there’s been a good amount of news from the company over the past two weeks. At the same time, $NVNC traded as high as $0.98 on October 14th and, perhaps, the reason for that upward movement, and subsequent fall since then, was due to promotion in the form of a “Monster Pick Alert” from FreeInvestmentReport.com.
Capital Gold Corp. (OTC: CGLD) saw potential gains of 9.5% on Monday and Tuesday’s release of the company’s financials didn’t bring the share value any higher.
EPIX Pharmaceuticals (OTC: EPIX), on the other hand, hit $0.17 for a potential gain of 42% on Monday. Since then, The Dean watched this stock fall more than 80%. The Dean saw potential in $EPIX as a Prerequisite Pick this week because of the company’s October 16th announcement of their FDA approved physician sponsored IND for Alzheimer’s Disease. But The Dean thinks you could also attribute this weeks gains to a the pick being part of a campaign orchestrated by a number of newsletters including SmallCapNetwork.com. Certainly, $EPIX‘s losses during the rest of the week were much greater than Monday’s run.
Alkane, Inc. (OTC: ALKN) saw gains of 76% this week but The Dean didn’t see this company release any news that merited the gain. As many in the CollegeStock Community know, sometimes in penny stocks speculative trading volume is enough to bring gains.
This brings us to the winning Prerequisite Pick of the week, American Sierra Gold Corp. (OTC: AMNP).
The Dean taught the CollegeStock Community about $AMNP on October 4th when it was trading at $0.75. On Tuesday, $AMNP hit $1.47 for a possible gain of 96%, after the company announced a joint venture with Trinity Alps Resources, Inc. for a 75% stake in the Discovery Day Gold Project. Although this stock has fallen about 30% over the past few trading days, The Dean thinks that more developments and promotion could keep $AMNP alive.
All of these picks were taught to the entire CollegeStock Community and The Dean wants to congratulate all of his students who did their homework and made their way to the head of the class with The Dean’s Prerequisite Picks this week.
Stay tuned for 5 more Prerequisite Picks tomorrow!
