NEWARK, Del. - (Business Wire) U.S. Markets plunged in Tuesday Midday trading as the Dow Jones Industrial Average drops 104 points to 8219. NASDAQ Composite lost 25 points to 1761 and the S&P 500 declined 11 points to 887. Our team Penny Stock Chaser sifts through thousands of stocks to identify those that are poised and ready to move up. Penny Stock Chaser is following Info Architects Corp (PINKSHEETS:IACH), Suspect Detection Systems Inc. (OTCBB:SDSS), Nextwave Wireless Inc. (NASDAQ:WAVE), Generex Biotechnology Corp. (NASDAQ:GNBT), CIT Group Inc. (NYSE:CIT). To receive more hot stock alerts, investors simply need to join our FREE newsletter service by visiting the following link: http://www.pennystockchaser.com/join-now/
The following stocks are expected to go higher:
Info Architects Corp (PINKSHEETS:IACH), moved up 126% percent to $0.0145. The Company recently announced that thru its subsidiary, IAGreen, it has signed an agreement with Mac1 Industries, a Green energy company. Mac1 Industries provides the next generation of Thin Film Solar Panels as well as state of the art standard and custom LED lighting solutions.
Suspect Detection Systems Inc. (OTCBB:SDSS) increased 15% trading at $0.29. Suspect Detection Systems Inc., (SDSS.OB), a leading developer of counter terror and crime prevention technology, recently announced the sale of the Cogito rapid interrogation system to a federal law enforcement agency in India.
Nextwave Wireless Inc. (NASDAQ:WAVE) was up 1% to close at $0.49 on no news.
The WAVE Stock Technical Analysis recently shows a support at $0.45 and new resistance at $0.59. WAVE is a wireless technology company that develops, produces and markets mobile multimedia and consumer electronic connectivity products. Its line of products includes device-embedded software for mobile handsets, client-server media platforms, media sharing software for consumer electronics and pocket-sized mobile broadcast receivers, and management and maintenance of worldwide wireless spectrum licenses.
Generex Biotechnology Corp. (NASDAQ:GNBT) jumped up 9% trading $0.60 on no news. Generex Biotechnology Corporation is engaged primarily in the research, development and commercialization of drug delivery systems and technologies. Its primary focus at the present time is its proprietary technology for the administration of formulations of large molecule drugs to the oral (buccal) cavity using a hand-held aerosol applicator.
CIT Group Inc. (NYSE:CIT) moved up 9% to $1.91. The company announced it will issue its financial results for the quarter ending June 30, 2009, before the market opens on Thursday, July 23, 2009. CIT will hold a conference call and audio web cast to discuss the results at 9:00 AM EDT. CIT is a leading provider of financing to small businesses and middle market companies throughout the world.
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Penny Stock Chaser is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Chaser is not a registered investment advisor or broker-dealer Penny Stock Chaser's 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. Please do your own Due Diligence before investing in any of the stocks mentioned above.
Michael Scott Jacobs, CFA, of Penny Stock Chaser is a member of the National Association of Securities Dealers, CRD number 1818665.
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