CIGX, FBCD – Today’s Penny Stocks

Star Scientific, Inc. CIGX

One of our past picks, CIGX, is enjoying some momentum today as the stock is currently in the midst of a bounce, which has been extended in part by yesterday’s press. The company highlighted a recent study on the effectiveness of anatabine for treating symptoms of Alzhemiers disease. Anatabine is a primary ingredient in Anatabloc(TM), the dietary supplement developed by CIGX subsidiary, Rock Creek Pharmaceutical.

GLEN ALLEN, Va., Oct. 4, 2011 /PRNewswire via COMTEX/ — Star Scientific, Inc. (Nasdaq: CIGX) reports today the publication of the first peer-reviewed article on the in-vitro and in-vivo activity of anatabine in Alzheimer’s Disease. The article is authored by scientists at the Roskamp Institute and is electronically published in the European Journal of Pharmacology (2011 Sept 19). It states that anatabine lowers Alzheimer’s A-beta production in-vitro and in-vivo.

We always like to keep past plays like this on our radar, as today has proven, you never know when a stock that has performed well in the past is going to provide further opportunities.

FBC Holding, Inc. FBCD

FBCD is another past pick that seemed worthy of mention once again today. For those of you who have followed our activity long enough, you may remember that the first time we talked about this play, was at .015 late last April. By mid-may, it had traded up to .11 for a gain of well over 600% \

We’ve kept an eye on it since then, and have noticed that it had bottomed out at around a penny, and is currently up 20% on the day. This is looking like a good time for us to re-assess our opinion of this stock, after having stood on the sidelines for some time.

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Side Note:

We urge our readers to take a look at the Opportunist Magazine Wall Street Journal Edition online, if you would like to receive paper copies by mail, fill out the form on this page. The magazine’s October Edition features our repeat play, Dinewise, Inc. DWIS, and our one-time play, Global Entertainment Holdings GBHL.

DGHG – Diversified Global Holdings Group – Today’s Hot Penny Stock

Diversified Global Holdings Group, Inc. DGHG

DGHG made a nice move at the time of our first mention, and subsequently came down to find support at a dollar. We like this company a lot, and there have been several developments in recent weeks to strengthen our resolve in calling this a long term opportunity.

Value Could Approach $2.00+ per Share based on these facts and figures: 

  • Diversified Global recently reported $203M, an equivalent of $2.33 per share, in shareholders’ equity, which means that the current stock price is trading roughly 100% lower than actual valuation.
  • Excluding land, equipment and the like, DGHG’s total assets are around $0.38 per share, which represents a fairly significant percentage of the share price.
  • Diversified Global recently reported bottom-line growth rates of 256%, according to the latest 10-Q.
  • The company reduced its share count last quarter by 6.7%, and only recently retired another 12%, indicating the company’s dedication to building shareholder value.

  All in all, 1.09 per share seems like an absolute bargain.


Side Note:

We urge our readers to take a look at the Opportunist Magazine Wall Street Journal Edition online, if you would like to receive paper copies by mail, fill out the form on this page. The magazine’s October Edition features our repeat play, Dinewise, Inc. DWIS, and our one-time play, Global Entertainment Holdings GBHL.

EXTO, GCHK, DWIS, EMBA – Hot Penny Stocks Today

Exit Only, Inc. EXTO

EXTO has been an absolute workhorse of a stock for us ever since we first put it on our radar at .0025. We subsequently enjoyed a 416% run up to .0129. After a period of consolidation, it found support at .0065.

We pointed out a pinching MACD indicator last week, and it appears as if the next few trading sessions could carry with them the cross that we are looking for. If EXTO reacts to a MACD cross in the same manner it has in the past, we are staring out over the edge of another PPS surge.

Greenchek Technology, Inc. GCHK

As we pointed out before Summer, Greenchek’s chart offers multiple bounce opportunities for wary traders. We added the stock to our watchlist once again recently, as we noticed the start of another uptrend.

We alerted that at .0015, just before the stock surged to .0022, for a quick 47% gain. We are looking to test the resistance at .0022 this week, and if that level can be surmounted, the next flak points will sit at .0025, .0027 and .0032.

In just over a month, there have been four runs of at least 33%, and for anyone sitting on the sidelines, it seems only a matter of time before it is possible to catch and take advantage of the next wave.

Dinewise,Inc. DWIS

DWIS on Friday, hit a high of .11, and closed out at that price, trading twice its 3 month average volume. In the past week following our mentions, the stock moved 57% from .07 to .11.

In the past we have seen prices on the order of .1795, so we would like to see it retest that level. From here, that would mark an added gain of 63%

The stock moved up on relatively light volume last week; there is only 2 million shares in the float, and that is exactly how it trades.

eMamba International Corp. EMBA

EMBA has been on our radar for just a few weeks, thus making it the freshest pick out of all the stocks featured in today’s newsletter.

During that short time, we have experienced a run from .36 to .507: a gain of 41%, a very impressive figure for a stock priced in this range. We are also seeing a pinching MACD, an indication that more gains are in store.

The company recently appointed Derek Suzuki to its board of directors, a gentleman who has had his hand in the success of multiple Fortune 500 companies, including almart (Sam’s Club), Costco, VIZIO, Circuit City, CompUSA, Best Buy, Best Buy Canada and Future Shop. Derek’s involvement is expected to bolster the eMamba team’s effectiveness significantly.