Penny Stocks to Watch for July 30: (EGSR, AJGH, SGDH, APTD, GLER)
July 30th, 2010 at 8:44 am Posted by The Dean
These are The Dean’s penny stocks to watch for Friday, July 30, 2010:
EGSR $0.06 +71.43%
Last week, Energas Resources, Inc. (OTC: EGSR) announced the company has moved a drilling rig to its Lake Devore Prospect location, where the spudding of a well “is expected to occur later this week.” This news came last Tuesday, and the Company has yet to follow up with an announcement about the actual drilling of the well. Yesterday’s trading activity, however, seemed to suggest that people are anticipating some type of update from EGSR.
AJGH $0.81 +17.39%
Thursday morning, American Jianye Greentech Holdings (OTC: AJGH) announced the company “expects revenues for the second quarter of 2010 to be approximately $15.0 million, which is up from $9.6 million achieved in the first quarter of 2010, an approximate increase of 54%.”
SGDH $0.08 +14.29%
This morning, SGD Holdings, Ltd. (PINK: SGDH) announced that the company is in receipt of the second and third scheduled payments associated with “its successful fulfillment of orders placed for company products in excess of $3 million.” These payments were reportedly received on schedule for product delivery in Q2 2010, and resulted in total revenues of $3,262,788.20.
APTD $0.005 -28.57%
Not only could AlphaTrade.com (OTC: APTD) be looking for a bounce but the company also issued news this morning, AlphaTrade Set to Reinvigorate the Market Place. In fact, APTD is “hopeful of new levels of sales, revenue and growth continuing into the fall.”
GLER $0.053 -1.85%
On Tuesday, Global Earth Energy, Inc. (OTC: GLER) announced its subsidiary, RCI Solar, Inc., has received dealer contracts valued at $3 million “for accelerated delivery in 2010.” Additionally, the company expects to generate revenues of approximately $8.5 million to $10 million. The Dean thinks this School Yard Stock could deliver big—if not today, in the near future.
1280 acres. Is that a large field? I suspect it is.