Archive for January, 2011
My Freightworld Technologies, Inc. (PINK:MYFT) With an Interesting Start of 2011
My Freightworld Technologies Incorporated (PINK:MYFT), a company providing transportation, technology and supply chain management services started the new year with a bullish movement in its traded volume. On Dec. 31st, the volume traded topped 1.7 million shares which was roughly five times more than the average daily volume in the last quarter of 2010. The same situation followed on the next trading session on Jan. 3rd, when the number of traded shares reached almost 1.9 million. However, investors’ interest did not last for long, since the number of shares traded on the 4th was more than half less than the...
Genta Inc (OTC:GNTA) is Looking at Another Year of Uncertainty
Biopharmaceutical company Genta Inc (OTC:GNTA) starts 2011 with positive notions about the near future, coupled with the burden of increasing liabilities and difficulties in obtaining capital. After a disastrous 2010 in terms of stock prices, the company now seeks to finally deliver the long expected results, that can bring back the much needed investors’ confidence, without which Genta`s existence would be at stake. Indeed, the field the company operates in, is commonly referred to as both highly lucrative and risky. Genta aims high, namely at the development of several drugs for treating patients with different forms of cancer. Achieving this...
Positive Announcements of Alto Group Holdings, Inc. (OTC:ALTO) Do Not Match Stock Prices Movement
Since the beginning of December, Alto Group Holdings, Inc. (OTC:ALTO) has engaged in several promotions of its stock, coupled with positive news, regarding some projects of the company. On Dec 17th Daniel Klok, CEO and President of ALTO, announced the acquisition of a special cutter head dredge for commercial gold production, which the company forecasts to bring an annual cash flow of over $9 million. Related to the above-mentioned, on Dec 31st a second announcement was released, stating that Alto Group was in the final stages of getting an ownership of the Bogue gold river project in West Africa. This...
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