CDIV, MCP, NOK, BLK, F, NANO, LEHMQ, WZE
Here is a list of stocks to watch. They range from ETF’s and large caps to penny stocks.
Ford Motor Company (F:NYSE) Good news in the AM sort of got traders excited. However, F just fell back in line with the rest of the market. The eventual GM secondary could weigh on F in the short term though.
Cascadia Investments (CDIV.PK) One of the 17 penny stocks that was halted by the SEC today. CDIV was once a favorite of penny stock scalpers and had a cult following, look for more info on the name in our upcoming blog.
Molycorp (MCP:NYSE) Down in the aftermarket after announcing a convertible debt offering for $200 million. This deal may put a little pressure on the group for a day or two.
Nokia (NOK:NYSE) Rating downgrade from Fitch has seemed to stop any bounce potential. This stock has been a laggard for a while, and seems like it may contunue to be.
Blackrock (BLK:NYSE) Asset managers seem to be out of favor right now and BLK has undergone a sharp pullback after a rally off it’s secondary offering. Plus, the high price tag makes BLK a little more volatile.
Nanometrics (NANO:NASDAQ) The once high flier has made a comeback and will now be added to the S&P Small Cap 600 Index. Watch for big market on close orders from index funds in Thursday’s trading session.
Lehman Brothers (LEHMQ.PK) Sold off despite the settlement news. Once a zombie penny stock always a zombie penny stock. Please remember that these types are trading vehicles and should only be played with lottery type money if you are investing for the long haul.
Wizzard Software ( WZE:AMEX) This AMEX penny stock was the top percentage gainer on the exchange today. The dollar volume was light, but this could be a follow through candidate if the market reverses. Add WZE to you penny stock list.
Silver Trust ETF (SLV:NYSE) We have tried to keep SLV on the list just to keep it fresh in your mind. The ETF rallied once again and while it may not get parabolic again, we could see another nice run.
Washington Mutual (WAMUQ.PK) Despite fellow zombie stock LEHMQ being extremely newsy today, WAMUQ once again occupies the top slot on IHUB most active message boards.
Check back for more penny stock news, IPO updates and stock market research.
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