ANTs Software Inc. ANTS
Once again, ANTS earned us a spot on Penny Stock Rumble on Friday. The stock hit a high of .034 before closing at .03. We had mentioned that we wanted to keep an eye on ANTS heading into this week as a result of the heavy momentum we observed, and currently we are up over 150% from Wednesday’s low. At this stage of the game, we are considering taking half off of the table, and playing the rest of the way with the house’s money. It is always vital to protect your profits, should the stock take a turn for the worse.
Peregrine Pharmaceuticals, Inc. PPHM
Speaking of stocks heading in the wrong direction, PPHM is experiencing a huge gap-down today as a result of a disconcerting press release.
We first mentioned PPHM on August 14th, after which time it saw a low of 2.37 before hitting a high of 3.05. for a three-day, 29% gain. By the 27th it had pulled back to 1.27, and then on Friday hit its high of 5.50, and at that point marked a gain of 213% That would have been the time to lock in profits, as we just stated; you really never know when some poor news can begin to damage a stock’s performance.
This drastic pullback this morning, should offer a bounce opportunity, which is why we want to continue to monitor it despite the current situation.
Medical Alarm Concepts Holding, Inc. MDHI
MDHI hit a new high of .0065 last week, a gain of over 100% since we first began covering the stock back on August 6th when it was trading as low as .003.
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