Honor Roll Stocks: $BFRM, $CDII and $DGLY
January 4th, 2010 at 5:21 pm Posted by The Dean
In an effort to bring the CollegeStock Community even more fresh content about the small cap markets and world of penny stocks, The Dean presents his Daily Honor Roll of picks on the move.
$BFRM
BioForm Medical, Inc. (NASDAQ: BFRM) is a medical aesthetics company focused on the development and commercialization of products used by physicians to enhance a patient’s appearance. This morning, German drugmaker Merz announced it would buy $BFRM for $253 million in cash. This announcement caused all types of facial enhancements, prompting more than 11.5 million shares to trade and $BFRM to gain 60.59% today.
$CDII
China Direct Industries, Inc. (NASDAQ: CDII) is a producer and distributor of magnesium in China. $CDII ignited after releasing a projection of $130 million to $150 million with a net income of $8 million to $10 million for 2010. As a result, The Dean saw $CDII explode 51.69% on 40 times the stock’s 3 month trading volume.
$AEXP
And what do you know? The Dean’s first FREE penny stock pick of 2010 made The Dean’s List today, gaining as much as 46% on 48 times the stock’s 3 month average volume. In fact, American Exploration Corp. (OTC: AEXP.OB) even made headlines on TheStreet.com as the energy winner of the day. The Dean likes the prospects of huge penny stock gains in 2010 and The Dean’s Honors Class will be learning about another penny stock pick Thursday morning this week.
And speaking of Honors Class, The first WINNER of The Dean’s $5,000 Quarterly Scholarship is…Honor Student Dawg!
$DGLY
Digital Ally Inc. (NASDAQ: DGLY) develops, manufactures and markets advanced video surveillance products for law enforcement, homeland security and commercial security applications. $DGLY reported record revenue of more than $9.2 million for 4th quarter and anticipates growth in 2010. With several allies today, $DGLY traded 669,673 shares and moved up 40.98%, which is certainly honorable enough to make The Dean’s Honor Roll.
And The Dean just wouldn’t be The Dean if he didn’t point out a stock that fell right on its face:
$ANSV
Anesiva, Inc. (NASDAQ: ANSV) is a biopharma trying to develop and commercialize therapeutic treatments for pain management. The Dean believes $ANSV is fitting as The Dean’s Dunce of the Day because the company recently backed out of a merger and is seeking bankruptcy protection. After a fall of 54.65% today, The Dean thinks $ANSV could use a facelift from $BFRM and retire to the corner with some pain meds.
Stay tuned for more movers, shakers, name takers and, of course, The Dean’s Dunce of the Day.
