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Penny Stock DD

Stock Picks

Macau Gaming Revisted

November 3, 2009
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The following stocks have been beaten up lately as short interest has been high and the markets weak. Earnings have already been released for WYNN and LVS as MGM and MPEL are on tap. I have some concerns about MGM’s Q3 and with Macau revenues soaring for the third quarter I am expecting MPEL’s Q3 to be a increase, year on year. These four stocks have gotten beaten up lately but appeared to be making the turn off the bottom. LVS is currently getting ready for a road show to sell their new IPO on the Hong Kong exchange and will be opening a new casino in Singapore in the first quarter on next year. For the swing traders LVS has been a jewel and for the long term holders these companies are destined to thrive as the economy recovers.

*For non Macau gaming stocks keep a eye on PENN and BYD and for gaming support keep an eye on IGT and WMS. . .

Regards,

Don

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ALIF – On the Pull Back

October 31, 2009
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With the Dow down 249 points Friday, ALIF was up +14.33% on three times the average volume. This was mostly due to a agreement with the 3M Company. Because it is overbought I never suggest buying at the current price but I like it on a pull back.

Current price: 1.28

Regards,

Don

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ENCO – Primed for a Breakout

October 25, 2009
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It is my opinion that ENCO is close to making a run as contracts are coming in to test flu vaccines. From a trading aspect I have noticed some key factors that lead me to believe that there will be a break out. On the 19th of this month there was a insider buy for $1,575,000. and digging a little deeper I found that from September 11th to now the price dropped from .70 to .41. You would think that this was a typical sell off but now key factor number 2 comes into play. Running a OBV indicator I found that not only did no money flow out of ENCO, but there was a small money flow back into ENCO while the price dropped. This is contrary to the way a stock price should fall. Now trying to put this into perspective, ENCO received a letter from Nasdaq that they had to get their price back over a dollar or they would be delisted by March 15, 2010. The question is why would a insider put up $1.5mln if there was a chance of delisting. The outstanding shares below will change due to a private placement of common stock and with that their balance sheet has been shored up. I have not set a target price yet but you can be sure it will be over a dollar.

Outstanding Shares – 20.52M
Float – 14.20M
Short Interest – .17%
Earnings Nov 16 (After Market Closes)

Regards,

Don

More on this topic (What's this?)
ENCO Up Over 400% on New Business Contracts (Hot Trading Strategies For A Col..., 9/9/09)
Chatroom Trader Awards: Week Ending 4-17-2010 (, 4/18/10)
Read more on Encorium Group at Wikinvest
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More on CIT

October 19, 2009
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This is still a high risk play but the Market likes Icahn’s presence. For the common share holder it is still about bankruptcy or not. For traders its about capitalizing on the swing.
Investor Icahn offers CIT Group $6 billion loan
http://finance.yahoo.com/news/Icahn-offers-CIT-Group-6-apf-669495496.html?x=0&.v=23/

CIT closed @1.06 on my last post.

Today
HOD 1.36
Up .09 (8,04%) @1.21

Regards,

Don

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Macau Gaming – The Big Four

October 19, 2009
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The Big Four is the name I gave LVS, MPEL, WYNN, and MGM as they are the gaming companies that are thriving in Macau. There are more companies to list but they trade on the Hang Seng. A few months ago Macau relaxed the Visa restrictions and revenues were soaring. Last week there was press that they had tightened the restrictions again. After reading the articles it is my opinion the restrictions are still better than they were before they were relaxed. It is also my opinion that there was a over reaction to the restrictions which created panic selling and of course the short sellers helped push the prices down. A couple of these stocks are the same ones that I brought to Penny Stock DD a few weeks ago and they trended up until the recent controversy. I feel once the market realizes tourist traffic is still strong enough to support good revenues it will be business as usual. These stocks should be getting close to a trip back up but if you buy, set a stop limit and always check the influencing market conditions. The stocks are listed in order of their market share in Macau.

Friday’s Close
LVS 16.85
MPEL 6.06
WYNN 64.37
MGM 11.73

Regards,

Don

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CIT – Breaking News

October 15, 2009
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CIT had breaking news in after hours today. There is a fair chance it will gap up in the morning. If you decide to play this remember it is still high risk and protect yourself with a stop limit.

CIT has a couple of risk factors as in avoiding bankruptcy and Q3 estimate is -1.14. There could also be some dilution from their restructuring plan. It sounds pretty bad but the light at the end of the tunnel is a little brighter tonight on breaking news. I am looking at this a couple of ways. If they avoid Bankruptcy there will be a nice gain and for those that want to hold until they become profitable it could bring large gains. Including After hours trading it was up 25% and we could see a pull back but not before it gaps up in the morning…Closed at 1.06 and last trade in after hours was 1.16.

Highest percentage gainer in AH on 7,213,369 shares
Short interest is 17.07 %
Beware this is still high risk

UPDATE 2-CIT nears securing $3 bln to $6.5 bln loan -sources
http://www.reuters.com/article/marketsNews/idCNN1426102520091014?rpc=44/

Regards,

Don

More on this topic (What's this?)
CIT Bankruptcy Looming (Expected Returns, 10/13/09)
CIT Offers Debt Exchange, Draws Up Bankruptcy Plans (Money Morning, 10/3/09)
CIT Rescue Shows Credit Isn’t Dead (Investment U, 7/20/09)
CIT Group Files for Bankruptcy (Expected Returns, 11/1/09)
Read more on CIT Group Inc at Wikinvest
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New Pick-ASIA on NASDAQ

October 5, 2009
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Description

Asiainfo Holdings, Inc. (AsiaInfo) provides telecommunications software solutions and information technology (IT) security products and services in China. The Company’s operations are organized into two divisions: AsiaInfo Technologies (China) Inc. (AsiaInfo Technologies) and Lenovo-AsiaInfo Technologies, Inc. (Lenovo-AsiaInfo). AsiaInfo Technologies encompasses the Company’s traditional telecommunications business and provides software and solutions to China’s telecommunications carriers. Lenovo-AsiaInfo provides IT security products and services. During the year ended December 31, 2008, approximately 83.7% of the Company’s total revenue was contributed by AsiaInfo Technologies, while the remaining revenue was contributed by Lenovo-AsiaInfo. On April 9, 2008, the Company acquired Beijing AKS, which provides firewall software. More from Reuters »

Regards,

Don

More on this topic (What's this?)
Euro Telecom Giants Swap Numbers, Agree Mega Merger (Investment U, 9/29/09)
Chinese IT Stocks Spike on Earnings, Optimism (tickerspy.com, 10/29/09)
At Gravity's End (Centrifugal Deforest, 10/14/09)
ASIA: A Stock Ready to Break Out (The Iconoclast Investor, 10/9/09)
Read more on AsiaInfo Holdings, Investing in China, Telecommunications at Wikinvest
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Updating some of the stocks

September 29, 2009
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Based on volume and my scans for Monday, some of those I mentioned to watch. Those which were up today in price as follows. LUNA, CBAK,PWER,and DRRX. Keep an eye on these and other stocks posted to the site.

Thanks
Drd

Regards,

Don

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BABY Profile Pick

September 20, 2009
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Here’s a trade from “The Daily” and insights into our trading strategy:

BABY (Natus Medical, Inc.)

Company Profile
One of the benefits of the massive amounts of liquidity in the financial markets thanks to the Fed and other world central banks is that money is starting to spread out into new areas and sectors. That is giving investors opportunities with lower priced quality stocks that were somewhat dormant but now coming to life.

Regards,

Don

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CSGH on the watch list

September 18, 2009
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CSGH is continuing to climb higher in a solid uptrend.

As we  expected, the stock moved up to test resistance at $1.26. The heavy volume is a very good sign.  It means the breakout had broad participation. More importantly, it suggests $1.26 will now be a solid level of support.
After blowing through the $1.26 level, CSGH went on to set another new high for us $1.43.
We expect the shares to trade sideways for a bit to consolidate this strong upward move. However, we could have a catalyst later this month to send the stock higher.
Remember, lithium iron phosphate is the company’s next generation component for electric and hybrid vehicle batteries.
Next resistance around $1.80.

Regards,

Don

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Pennystockdd.com triangle break out stocks

September 15, 2009
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While our name implies we like penny stocks, we can not ignore the bigger names in the market.

Tonights scan of the markets have reveals some potentail ascending triangle break outs, feast your eyes on these:

Symbol    Last    Chg(%)    Vol
CPWR    7.66    0.92    2026500
ANH    7.74    1.71    952100
TIVO    10.92    1.11    629300
WCN    28.95    2.7    509700

Regards,

Don

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XOMA up in pre-market on News, RZ finds support

September 9, 2009
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XOMA Announces $6 Million Antibody Discovery Collaboration With Arana Therapeutics

BERKELEY, Calif., Sep 9, 2009 – XOMA Ltd.  and Arana Therapeutics Limited, a wholly-owned subsidiary of Cephalon, Inc.  have entered into a collaboration involving multiple proprietary XOMA antibody research and development technologies, including a new antibody phage display library, and a suite of integrated information and data management systems. Arana has agreed to pay XOMA a fee of $6 million and XOMA will be entitled to milestone payments and royalties on product sales. Under the terms of the collaboration, XOMA will be fully reimbursed for all services it may provide to Arana under the agreement.

(Read the Rest of the Article…)

Regards,

Don

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