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HDUP – We Are Expecting Gains

 

 

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HeadsUp Entertainment (PINK:HDUP) traded steady at $0.11 today.

HDUP is up 168% from a 52 week low in September when the stock was moving at $0.041.

The PTM team thinks it is set for a rebound!

This pick moves on news and surged 50% from initial our alert on the announcement of its latest poker tourism series.  It was reported today that HDUP has signed on celebrity poker player Lacey Jones, to be featured in the upcoming volume of Canadian Poker Player Magazine later this month.

HDUP is bullish and trading above its 50 day moving average. 

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http://www.stockta.com/cgi-bin/analysis.pl?symb=HDUP&num1=1&cobrand=&mode=stock

PreMarketData.com: Poker Pro Lacey Jones Puts A Face On The Canadian Poker Tour  

http://www.pinksheets.com/pink/quote/quote.jsp?symbol=hdup

Las Vegas NV, Feb 02, 2010 (M2 PRESSWIRE via COMTEX) — HeadsUp Entertainment International Inc. (PINK SHEETS: HDUP) announced today that it has inked Poker pro Lacey Jones as the “new face” of the CPT. According to the company’s press release Lacey Jones was recently voted the “hottest girl in poker”‘ and will be featured on the cover of the upcoming issue of Canadian Poker Player Magazine as well as having a pictorial spread and feature. That issue is scheduled to hit poker rooms across the country in February.

Industry: Media/Entertainment SOURCE: HeadsUp Entertainment International Inc.

CONTACT: Investor Relations               (403) 269-9039         (403) 269-9039

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HDUP’s existing media operations out performed last year and HDUP surpassed all financial benchmarks in 2009; fortified by strong revenues in its publishing operations, Canadian Poker Player Magazine, and licensing and production developments with sports television broadcasters.

Analysts’ predictions published in Reuters Technology today forecasts that 2010 will be a year of widespread mergers and consolidations for the gaming sector.  By mid- 2010 the industry is expected to be boosted by upcoming clarifications to operations for online gaming in the US, and this will likely alleviate risk across the sector for conservative lenders and banks.

Research and Markets reports the entertainment and publishing industry is expected to be worth more than $2 trillion by 2012.   Ernst & Young’s conservative estimates of advertising in media and entertainment represent another growth opportunity with spending anticipated to grow well over $8 billion by 2012.  HeadsUp Entertainment International Inc is a strategic response to emerging market movement with an original approach to harnessing the huge trend of the marketplace. During the global economic downturn in 2008 and notwithstanding US regulatory restraints to biggest gaming market in the world, related media and technology was one of the only sectors to out-perform.

Our picks always move - It could be the next AVOE

Some of PTM’s past alert winners include:

AVOE, alerted July 12th at $0.10, jumped to $2.46 gaining 2360.00%;  BCKR, alerted July 26th at $ 0.11 rose to $0.7 gaining 536.36% ; EVRN alerted September 29th at $0.021 rose to $0.039  gaining 85.71%; HDUP alerted October 25th at $0.1 jumped to $0.216 and gained 116.00% for all our members who bought in.

Feb
03
2010
1 Comment »

Investment Opinion On IMGG, ETFC, VAA, GSS, HDVY

E*Trade Financial (NASDAQ: ETFC), $1.59, +0.07, 4.61%, traded in the range of 1.55 to 1.63 today closing the day with gains of over 4%.  Last week E*Trade reported on their fourth quarter earnings ending December 31, 2010, noting a net loss of $67 million or $0.04 per share, which is quite positive compared to a net loss of $276 million or $0.50 per share at the same quarter last year.  For the year end the company reported a loss from continuing operations of $1.3 billion or $1.18 per share compared to same time last year of a loss of $809 million, or $1.58 per share.  E*Trade provides financial services including on line brokerage and related banking products and services to retail investors.

 

Imaging3 Inc. (NASDAQ: IMGG), $0.52, +0.085, 19.54%, will be featured on MoneyTV with Donald Baillargeon this week.  Imaging3’s CEO Dean Janes discussed the most recent news about the company’s pending FDA approval of their medical imaging technology.  Imaging3 is in the business of production and sale of medical equipment, parts and services to hospitals, surgery centres, research labs, physician offices and veterinarians.  IMGG traded the day between 0.43 and 0.565, closing on gains of over 19%. 

 

Vaaladiam Resources Ltd. (TSX: VAA), $0.055, +0.03, 120.00%, was the heaviest traded company on the TSX today surging in volume trading the day away in the range of 0.025 and 0.06.  Vaaladiam is a Canadian based diamond mining and exploration company with two producing mines in Brazil and Canada.  Vaaladiam answered claims about rumours of a possible takeover bid at USD$0.07/ share, stating that it had not received such an offer but the company did confirm that if and when such an offer was made it will take it into consideration.

 

Golden Star Resources Ltd. (AMEX: GSS), $3.00, +0.24, 8.70%, made gains today on lower than average volume as it provided an update on its exploration of the Benso concession in Ghana.  GSS reports that for the 88 diamond holes that were drilled in 2009 totalling 8.250 meters and it expects the results to be updated for the Benso area in the second half of this year.  The previously reported hole SWZDD016 intersected several zones of economic gold mineralization including 3.6 g/t gold with a central core of 7 meters grading 6.5 g/t gold.  This is promising news for the company as it continues its work in Ghana.

 

Health Discovery Corp. (OTCBB: HDVY), $0.284, +0.008, 2.90%, traded in a steady range today between 0.251 and 0.305.  Health Discovery develops molecular diagnostic tests which focuses on the realization of personalized medicine through advanced mathematical pattern recognition techniques. The company announced that Liberty Analystics, an independent research company, has initiated investment coverage on HDVY.    

 

About Picksthatmove.com

 

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

 

Feb
02
2010
1 Comment »

Small Cap Movers: GFT, LEE, LBIX

Cytomedix, Inc. (AMEX:GTF) jumped 25.58% up to $0.540 on no news. Headquartered in Rockville, Maryland, Cytomedix, Inc is a biotech company, devoted to the development and marketing of therapies for wound care, and inflammation.

Lee Enterprises, Incorporated (NYSE:LEE) gained 15.20% up $4.32 on no news this week; the stock is bullish and is moving well above its 200-day trading average of $2.13. LEE has gained 690% since the beginning on July when the stock was trading around $0.50. Headquartered in Davenport, Iowa, Lee Enterprises Inc publishes daily newspapers, weekly newspapers, and specialty publications in the US.  The company also offers online services, including web sites supporting its daily newspapers and other publications, and advertising services benefiting from its strategic relationship with Yahoo.

Leading Brands, Inc. (NASDAQ:LBIX) rose 9.12% up to $0.360 on no news since the company announced a reverse split  earlier this month, which is excepted to take effect on or about February 2, 2010.  The reverse split will convert 5 existing shares of common stock into 1 new share of common stock.  Based in Vancouver, British Columbia, Leading Brands, is beverage company which creates, designs, bottles, commercializes and distributes patented healthy and natural juice beverages including TrueBlue Blueberry Juice, LiteBlue Blueberry Juice, PureBlue, SuperJuice and Caesar’s Cocktails.

 To be kept up to date on all of our hot stock information join us at Picks That Move.

About PicksThatMove.com:

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. 

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Jan
27
2010
0 Comments

Innovative Display Advertising Makes Huge Gains Today: ACII, TLX

AmeriChip International Inc. (OTC:ACII) gained  33.33% to close at $0.0004 on no news. AmeriChip International Inc is an innovative designer, developer and manufacturer of video and audio microchip products. ACII’s technological operations involve lasers to condition the metal chip. One of the company’s lead products is the very first ever high quality video and audio to print technology which requires readers to watch video with sound content from printed material. The micro thin video screen is applied to printed matter i.e. magazines and is robust enough to withstand binding and even the US postal delivery service. The company has business activities serving various markets including automobiles; oil production and refining; aerospace; off-road construction; farm implements manufacturing; defence, and wind energy.

Trans-Lux Corporation (AMEX:TLX) jumped 42.25% to close at $1.45 on no news, but surged on heavy volume. Headquartered in Norwalk, Connecticut, Trans-Lux Corporation is an integrated multimedia company serving diverse communications environments. The company manufactures, distributes, sells, leases, and services for programmable electronic information displays. Its advertisements include text, graphics, and video displays for various segments, including stock and commodity exchanges, financial institutions, college and high school sports stadiums, schools, casinos, convention centers, corporate, government, theatres, retail sites, airports, and billboard sites.

 To be kept up to date on all of our hot stock information join us at Picks That Move.

About PicksThatMove.com:

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. 

Subscribe NOW to our newsletters by clicking on the following link: http://picksthatmove.com/join-now/.   Feel free to visit our communities on Facebook and Twitter

Jan
23
2010
0 Comments

PFSW Jumps On eStore Pilot With P&G, FNET In Play On Second Takeover Bid

PFSweb, Inc. (NASDAQ:PFSW) jumped 44.57% up to $2.53 by midday on news the company will begin a pilot project for online shopping, branded as eStore.  The online shopping site will be owned and operated by PFSweb and exclusively feature Procter & Gamble products for consumers in the US. The eStore is planned to launch in the spring of 2010, following the targeting of about 5,000 consumers vis a vis the pilot which will begin operating in the next weeks.  Headquartered in Plano, Texas, PFSweb, Inc. provides ecommerce and business development outsourcing solutions to companies in the US, Canada, and Europe.   The company’s services include professional consulting, technology collaboration, managed Web hosting and Internet application development, order management, Web-enabled customer contact centers, customer relationship management, information management, interactive marketing, logistics, freight and transportation management, real-time order management, facilities and operations management, kitting and assembly, and international fulfillment and distribution, as well as financial services, including billing and collection services, and working capital solutions.  The company offers technology infrastructure and distribution for clients operating in technology manufacturing, computers, cosmetics, fragile goods, contemporary home furnishings, apparel, aviation, telecommunications, and consumer electronics, and other retail markets.

FortuNet, Inc. (NASDAQ:FNET) advanced 31.09% up to $2.22  on news The Yuri Itkis Gaming Trust of 1993 announced a tender to purchase all of the outstanding shares of Common Stock of FortuNet, Inc. not already owned by the Trust for $2.25 in cash per unit.  This is the second offer the trust has made and corresponds to a 32% increase over the originally announced price of $1.70 per share, a premium of approximately 76% over the closing price of the shares on November 20, 2009, the last full trading day prior to the first public announcement of the Trust’s intended offer, and a premium of approximately 69% above the average closing price of the shares for the 20 trading days immediately preceding November 20, 2009.  Earlier this month FNET announced receiving approval from the Nasdaq Stock Market Listing Qualifications Staff allowing FNET to transfer the listing of its common stock from the Nasdaq Global Market to the Nasdaq Capital Market; which was transferred at the opening of trading on this past Monday.  Headquartered in Vegas, Nevada, FortuNet, Inc is a manufacturer of multi-game and multi-player server-based gaming platforms. The gaming platforms include networks of both wireless and stationary player terminals, cashier-based point-of-sale terminals, self-service point-of-sale kiosks and game file servers that conduct, and control bingo games.

To be kept up to date on all of our hot stock information join us at Picks That Move.

About PicksThatMove.com:

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. 

Subscribe NOW to our newsletters by clicking on the following link: http://picksthatmove.com/join-now/.   Feel free to visit our communities on Facebook and Twitter

Jan
15
2010
0 Comments

Cocooning Drives Online Books And Home Entertainment: BGP, DISK

Borders Group, Inc. (NYSE:BGP) jumped 24.79% to close at $1.51 on no news since the company announced a deal to feature the future Borders eBook store on the new dual display Alex eReader later this year. Alex is the first eBook with full function browser capabilities on Android with dual screen, interactive multi-media eReader.  It offers a hyper link publishing tool, “Link Notes” that links eBook text to related video, audio, notes or web addresses. The agreement follows a recent announcement that Borders will launch a new eBook store on Borders.com as well as Borders-branded mobile eBook applications. The new Borders-branded eBook store will offer more than two million titles. Headquartered in Ann Arbor, Michigan, Borders Group, Inc., operates book, music, and movie superstores and mall-based bookstores.

Image Entertainment, Inc. (NASDAQ:DISK) rose 15.77% to close at $0.301. This week the company announced the private placement of 22,000 shares of newly authorized Series B Cumulative Preferred Stock and 196,702 shares of Series C Junior Participating Preferred Stock for an aggregate purchase price of $22.0 million. The company expects to receive net proceeds of approximately $19 million and will use $15.0 million of the net proceeds, and with the issuance of 3.5 million shares of common stock, to repay in full and retire its senior secured convertible note due 2011. Headquartered in Chatsworth, California, Image Entertainment, Inc acquires and distributes entertainment programming in North America. The company’s library includes digital versatile discs, Blu-ray Discs, digital, broadcast television, cable, satellite, theatrical, and non-theatrical development. The company provides feature films, comedy, music concerts, urban, theatre, documentaries, theatrical catalogue films, independent films, foreign films, youth culture/lifestyle, television, and gospel. Image releases an average of 25 new exclusive DVD releases, including an average of five feature films, 10-15 exclusive digital video titles and three exclusive CD and digital audio titles each month.

To be kept up to date on all of our hot stock information join us at Picks That Move.

About PicksThatMove.com:

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies.  PicksThatMove.com is not a registered investment advisor or broker-dealer.  PicksThatMove.com affiliates, officers, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  We recommend Due Diligence before investing in any stock. 

Subscribe NOW to our newsletters by clicking on the following link: http://picksthatmove.com/join-now/.   Feel free to visit our communities on Facebook and Twitter

 

Jan
14
2010
1 Comment »

Investment Opinion On MGM, MNDP, ILMN, ASBC, ELX

MGM Mirage (NYSE: MGM), $11.95, +1.05, 9.63%, climbed in volume today as its share price was trying to break into the 12.00 range.  MGM has closed up for the third day in a row closing up 9.63% today, trading in the range of 11.38 to 12.00.  The 52 week-high stands at 14.25 from this past September.  MGM through its wholly owned subsidiaries is involved in the gaming and resort business.  It was announced that EPIX, who is part formed by MGM, reached a multi-platform distribution agreement with Cox Communications, the third largest cable television company in the United States.

 

Illumina Inc. (NASDAQ: ILMN), $39.17, +5.35, 15.82%, traded in a steady range today with a surge to five times its usual volume.  Illumina develops array based solutions for DNA, RNA and protein analysis.  The company provided a preliminary look into its Q4 revenue of approximately $176 million, compared to Q4 outlook of $165 million and fiscal year 2009 revenue of approximately $662 million or annual growth of 15%.  Illumina cited its growth in 2010 will include non-cash stock compensation charges at the time that it provides non-GAAP earnings per share guidance and discusses its non-GAAP quarterly and annual earnings per share results.

 

Mundus Group Inc. (OTCBB: MNDP), $0.057, +0.024, 72.73%, is leaning towards reaching its 52 week-high of 0.60 from last March.  The stock hit the day’s high of 0.059 with a low of 0.038 on significantly higher than average volume.  The company is free at last reporting that after years of being a target of attack on internet financial sites by the same poster it has been able to successfully identify its attacker.  The Cyber Basher posted over 1550 negative remarks with the alleged purpose of driving down the stock price of MPIX and other publicly traded companies.

 

Associated Banc-Corp (NASDAQ: ASBC), $12.01, +0.53, 4.62%, is a bank holding company which through its subsidiaries provides banking and nonbanking products and services to individuals and businesses.  Shares of ASBC traded steadily today from 11.75 to 12.25.  The company announced that it has priced its underwritten public offering of 38,993,956 shares of common stock at $11.15 per share.  The underwriters have a 30-day option to purchase up to an additional 5,849,093 shares of common stock to cover over-allotments.

 

Emulex Corporation (NYSE: ELX), $12.31, +1.17, 10.50%, matched its 52 week-high today reaching 12.77 touching down to a low of 12.05.  ELX reported on its preliminary second fiscal quarter ending December 2009, with total net revenues of $107-$108 million exceeding guidance of $88 - $92 million; GAAP diluted Earnings Per Share of $0.09 - $0.10; Non-GAAP diluted Earnings Per Share of $0.16 - $0.17 exceeding the guidance of $0.10 - $0.12.  Emulex Corporation is responsible for converged networking solutions for the data center.

 

About Picksthatmove.com

 

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

Jan
13
2010
0 Comments

Investment Opinion On ACHN, FGXI, GSS, OPMG, ADBE

Achilion Pharmaceuticals Inc. (NASDAQ: ACHN), $3.34, +$1.19, 55.35%, is a biopharmaceutical company focusing on the development and commercialization of innovative treatments for infectious disease.  Achilion was primarily concentrating on the development of antivirals for the treatment of chronic hepatitis.  ACHN’s shares rose over 60%, hitting a high of $3.89, on news that the company reported achieving reduction in HCV RNA in patients with hepatitis C, after its clinical trial of ACH-1625.

 

FGX International Holdings Limited (NASDAQ: FGHI), $19.43, +1.52, 8.49%, surpassed its 52 week-high from yesterday by hitting the day’s high today of 19.47.  FGX is trading with significantly higher than usual volume.  FGX, a designer and marketer of non-prescription reading glasses, sunglasses and costume jewellery, has signed a definitive agreement to merge with a subsidiary of Essilor International.  FGX will receive $19.75 per share in cash upon completion of the merger, for value of approximately $465 million, including the assumption of FGX debt of approximately $100 million.

 

Golden Star Resources (AMEX: GSS), $3.40, +0.05, 1.49%, is making gains trading with steady volume, hitting a high today of 3.43.  Earlier this month GSS announced that it had priced an offering of 20,000,000 common shares at US$3.75 per share for gross proceeds of US$75,000,000.  Golden Star Resources is an international gold mining and exploration company, producing gold in Ghana, West Africa, with other gold explorations in West Africa and in South America.

 

Options Media Group Holdings Inc. (OTCBB: OPMG), $0.19, +0.04, 32.00%, is seeing its shares surge in volume today with over 12.5 million shares trading hands.  This past November OPMG’s shares reached a 52 week-low of 0.052.  Options Media is an e-mail service provider for on-demand e-mail marketing to create, send, and track professional and permission-based e-mail marketing campaigns.  The company announced it closed the signing of an asset purchase agreement with H2O PM, Inc. OPMG purchased technology for Bluetooth advertising and mass SMS Text Messaging broadcast capabilities.

 

Adobe Systems Incorporated (NASDAQ: ADBE), $37.70, +1.34, 3.69%, surpassed its 52 week-high from November of 37.15, hitting a new high of 38.20.  Adobe Systems focuses on delivering creative, business and mobile software and services.  The company reported their financial results for its fourth quarter and fiscal year ended Nov. 27, 2009, with revenues of $757.3 million, compared to $915.3 million for the same period last year and $697.5 million reported in the third quarter of fiscal 2009. The fourth quarter results are a reflection of Adobe’s acquisition of Omniture, Inc.

 

Dec
16
2009
1 Comment »

ISD and EXP – Double Your Pleasure

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ISD and EXP – Double your pleasure and your profits with this explosive combo – IF YOU ARE AN INVESTOR, THESE STOCKS WILL MAKE YOU BIG MONEY

 

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ISD closed at .37 today.  The stock is channelling and building a base here between .35 and .40.  Once we get a break of the .40 level, PTM members can look for ISD to hit a new high.  On this wave, we expect that ISD could see over $1.00.

 

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gifmgiMGI Securities is raising cash for ISD.  MGI is a big player and the capital they will raise for ISD will allow the company to leap forward on their business development.  This little gem could be the RIM of the interactive marketing business. If this goes as we expect, you will remember the day you bought this stock.  This could be the one stock you tell your grand kids about.

 

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:ISD-1669766&symbol=ISD&news_region=C

 

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Our other penny pick to put in your mattress is EXP.  The stock closed at an all time high today at $1.38.  This company has some real believers.  Ned Goodman and Rick Rule are shareholders. 

 

These two guys are mining finance legends.  The company is in Peru and their new exploration effort seems to have caught some major interest. 

 

http://www.stockwatch.com/newsit/newsit_newsit.aspx?bid=Z-C:EXP-1670887&symbol=EXP&news_region=C

 

 

The stock has moved from .79 to $1.38 just this month.  Get on the train and do not get left behind.  We think EXP is going much higher.

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Please remember to do your due diligence on ISD and EXP.

 

For more information on ISD and EXP, please join us at www.picksthatmove.com. 

Dec
10
2009
0 Comments

Investment Opinion on BRCD, NG, K, IMGG, AAA

Brocade Communications Systems Inc.  (NASDAQ: BRCD), $7.65 +0.28 3.80%, traded all day close to it high of 7.745 but it did manage to touch down at a low of 7.26.  Brocade is in the business of providing a line of storage networking products and services and operating a SAN management operating system which enables companies to network application servers with storage devices through a SAN.  Last month the company reported that the Royal College of Physicians of London has upgraded its network to underpin the implementation of advanced IP-based unified communications applications.  This enhancement is based on Brocade’s FastIron SX 800 series 10 Gigabit Ethernet backbone switches and 1 GbE FastIron GS PoE(1) edge switches.  This has been implemented to upgrade performance and ensure first-class service delivery to members.

NovaGold Resources Inc. (AMEX: NG), $5.57, +0.12, 2.20%, is a precious metals company engaged in the exploration and development of mineral properties in Alaska and British Columbia.  Earlier this week the company filed a preliminary prospectus, replacing the expired prospectus previously filed, which will allow NovaGold to make offerings of debt securities, preferred shares and common shares, warrants up to an aggregate initial offering price of US$500,000,000 during the 25-month period that the final short form base shelf prospectus remains effective. NG saw gains of up to 5.79 when it reached its high of the day, with a low of 5.45 on 2.7 million shared traded.

Kinross Gold Corporation (TSX: K), $20.67, +0.32, 1.57%, traded at its highest volume in 4 days.  Kinross stayed steady during the day trading between its high of 21.02 and the day’s low of 20.34.  No recent news developments have been reported by the company.  In mid November Kinross did report that a subsidiary of Teryl Resources Corp. received a letter of intent for the acquisition of its interest in the Gil Joint Venture Gold Property in Alaska, from its Joint Venture Partner, Fairbanks Gold Mining Inc., which is also a subsidiary of Kinross Gold.  Kinross is mainly engaged in the exploration, acquisition, development and operation of  gold-bearing properties.

Imaging3 Inc. (OTCBB: IMGG), $1.25, +0.05, 4.17%, made gains of over 5% on lower then usual volume of 1.7 million.  The company is involved in production and sale of medical equipment, parts and services to hospitals, surgery centers, research labs, physician offices and veterinarians.  Imaging3 announced that it is postponing its shareholder meeting until next year.  The meeting has not yet received approval from the SEC.  The company’s CEO, Mr. Dean James, held a conference call today to update interested parties of the company’s recent success at the Radiological Society of North America (RSNA) annual Conference and Trade Show, which just concluded in Chicago.

Allana Resources Inc. (TSXV: AAA), $0.33, +0.065, 24.53%, is a potash company mainly focused on exploration and development of previously explored Dallol potash property in the Danakhil Depression, Ethiopia.  Allana made gains of over 20% today with a volume of 3 million shares.  AAA is trading near its high of 0.335.  Earlier this month the company announced that it has awarded a drilling contract to Emerson Moore Drilling Ltd. for its Ethiopian Potash Project.   The company has significant experience and has completed drilling projects in Equatorial Guinea, Liberia, Georgia, Slovakia, Jamaica, Spain, Kenya, Sudan, Kosovo and UK.   

About Picksthatmove.com

PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value.  Please follow us on Twitter and Facebook for further investment updates.  We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.

Dec
10
2009
0 Comments
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