Honor Roll Stocks: $NUBL, $BSDM and $BGEM
February 2nd, 2010 at 4:50 pm Posted by The Dean
Here are The Dean’s Honor Roll Stocks of the Day:
$NUBL
NuMobile, Inc. (OTC: NUBL.OB) focuses on the development of mobile computing technology solutions for the smartphone and mobile computing market. This morning, NewMarket Technology, Inc. (OTC: NWMT.PK) announced outlandish revenue projections of $150 million for 2010 and $300 million for 2011, naming a “major wireless network project” with $NUBL. Although $NWMT gained 20%, $NUBL gained 56.25%, trading a staggering 11,895,553 shares.
$BSDM
BSD Medical Corporation (NASDAQ: BSDM) is a leading developer of systems used to provide cancer therapies requiring precision-focused heat through RF/microwave technologies. Before market open, $BSDM announced a publication which reported favorable findings for the company and their used the BSD 2000 Deep Regional Hyperthermia System. As a result, this small cap traded 60 times its 3 month volume, climbing as much as 65%, before closing up 30.54% today.
$BGEM
Previously, The Dean taught the CollegeStock Community about Blue Gem Enterprises (OTC: BGEM.OB) as part of his free stock picks of the week. Yesterday, after market close, $BGEM announced a distribution agreement with 205 Walgreens (NYSE: WAG) locations in Florida. If you’re like The Dean, and keep your eye on the world of penny stocks, you’d already know that $BGEM is being promoted by a number of resources, including FreeInvestmentReport.com, ExplicitPicks.com, TitanStocks.com and BestTopPennyStocks.com, to name a few of many. With the combination of news and promotion, $BGEM traded over 11 million shares, moving up as much as 40%, before closing 18% in green territory.
And although this Dunce may have made shareholders sick to their stomachs, they certainly weren’t seeing any green today:
$CYBL
Even though Cyberlux Corporation (OTC: CYBL.OB) designs advanced lighting systems, this penny stock certainly didn’t light up the show, trading a blinding 447,823,691 shares and $CYBL and falling 66.67% today.
