Encounter Technologies Inc. (ENTI.PK) Makes a High Price Jump on the Market
Encounter Technologies Inc. (ENTI.PK) made a high price jump on the market these days. Its shares rose more than 19% and over 244 million changed hands. Following the ENTI chart, we can see its stocks have made a phenomenal price jump at the beginning of May, after a big price crash in March 2010. For example on 5 May, 2010 the company closed at $0.0065, trading 193 thousand shares. Two days later the price change went up to +19.12% and the market cap was 275,953.00. In its recent press release, ENTI announced it has submitted proposals to potential famous spokespersons...
Encounter Technologies, Inc. Makes Revenue Projections of Over $11,664,000
Encounter Technologies, Inc. ENTI.PK (ENTI) announced a big revenue projections for its patented Video Sales Platform (VSP) product line. The projections were released for the quarters ending December 31, 2010, March 31, 2011, June 30, 2011 and September 30, 2011. VSP points to be a key solution to publishers to bring online video commercials to their small business customers and advertise their products and services online. This particular move projects to sell over 12,960 video products and gross $11,664,000 in revenue by September 30, 2011. We can say the above-mentioned predictions make ENTI’s stocks stable on the market as the...
Has Sirius XM Radio Inc. (NASDAQ:SIRI) Reached It’s Next Resistance Level at $ 1.25
All the positive news pouring like the recent flood in Nashville, TN has driven the stock price of Sirius XM Radio Inc. (NASDAQ:SIRI) to new highs. Announcements like the first in a row profitable 1Q of this year, adding approximately 171 K subscribers, good earnings, falling churn rates, higher customer conversion to paid services and overall improvement of business sentiment reflecting increased car sales, however, could not gully the analysts long enough. The stock price has seemingly reflected all the upside potential since the beginning of the year and is now turning probably towards a more stable drift. From technical...
US Concrete Inc. (NASDAQ:RMIX) Plummeted at Chapter 11 Filing Announcement
US Concrete Inc. ( NASDAQ: RMIX) has obviously failed to reassure investors with its restructuring moves. However, April 29 saw trading at levels as low as $0.5 which were mainly triggered by the announcement about the Company filing for Chapter 11 bankruptcy protection and the uncertainties related to the pending bankruptcy court approval for an $80 million debtor-in-possession credit facility led by JPMorgan. At these levels the markets do not see any positive signals and further rallies can be expected around these levels. The fundamentals of the company have shown some improvements in 2009 compared to 2008 mainly with respect...
NPS Pharmaceuticals (Nasdaq: NPSP) is Trading Higher on Expectations of Q1 2010 Results
NPS Pharmaceuticals (NASDAQ: NPSP) earnings conference is scheduled to start on Wed, May 5 as announced on April 28, but some good news may have been filtered in the stock price as it is continuing to rise since beginning of April.  On April 29 the stock recorded increased trading volumes at  the $ 6.8 level but has lost some of its momentum at higher levels. The yearly financial results as released on April 15 for the year ended 2009 have shown an improvement: + net loss of $17.9 million or $0.37 per diluted share for 2009 vs net loss of...
China Media Group Corp. (OTC:CHMD.OB) Slightly Lifted from the Bottom at Improved Financials
China Media Group Corp. (OTC: CHMD.OB) was slightly lifted from the bottom after the company published its 10-k on April 17. Currently the company trades in the $0.03 range up from $ 0.015 earlier in April. China Media Group Corp. recorded a higher gross profit number of $ 85 K for the year ending December 31, 2009 compared to $ 44 K for the fiscal year ending December 31, 2008 and $ 28 K for the fiscal year ending December 31, 2007. This gave the market enough evidence that the company is on the right track and will be enhancing...
Big Bear Mining Corp. (OTC:BGBR.OB) Flashes on the Trading Horizon and Raises Stock Promoters’ Compensation
Big Bear Mining Corp. (OTC: BGBR.OB) has suddenly flashed on the trading horizon. The stock started climbing since mid March based on both press releases and stock promotions. Although the company filed information about issuing its 779,000 shares at $ 0.1 as early as March 17, 2006, the trading history for the company available through OTCBB is short – only since mid March this year. This limits somewhat the possibilities offered by technical analysis. More insights into the trading pattern can be gained by exploring the compensation offered to stock promotion companies. Big Bear Mining Corp. is pushing hard on...
Avro Energy, Inc. (OTC:AVOE.OB) Can It Get As High As $ 2.5 Again
Avro Energy, Inc. (OTC: AVOE.OB) has made some gains in the past two weeks, but will it reach the $2.5 level as of October 2009? The stock started climbing since April 19 from its $0.15 level but has failed to show a stable upward trend. The stock shot as high as the $0.3 level but its upward potential is yet to be judged. The continuous stock promotions that run since April 20th have probably failed to bring the desired results, especially taking into account April 21st when the stock actually fell 23%.  The financial highlights cannot be used as a...
Hana Biosciences, Inc. (OTC: HNAB.OB) Is Posting Stable Gains above the $ 0.24 Level
Hana Biosciences, Inc. (OTC: HNAB.OB) has started climbing gradually from the $ 0.20 level since mid-April. Currently the stock is fluctuating within the $0.25 to $ 0.26 range compared to the $ 0.23 to $ 0.24 range from a week ago. This move may well be considered a favorable reaction to the recent announcement the company made that complete data from its pivotal study of Marqibo(R) in patients with relapsed/refractory adult Philadelphia chromosome-negative acute lymphoblastic leukemia, have been accepted for presentation at the 46th Annual Meeting of the American Society of Clinical Oncology (ASCO) to be held June 4-8, 2010...
The Amergence Group (OTC: AMNG.PK) Quick Sparkle of $ 0.05 Gain in the Dark
Over the last week  The Amergence Group (OTC: AMNG.PK)  slightly jumped as a result of a suspected promotion campaign or news driven trading with the net effect of  $ 0.05 rise.  This can leave a lot of curious investors wondering and pondering but hopefully not for long as this exercise appears to be a complete waste of time. It is surprising that there could be a favorable price reaction to just an announcement of some business commotion in Hong Kong.   Besides the name change to PanPacific Business Ltd. which probably means also some sort of merger with its former...
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