NEWARK, Del. - (Business Wire) PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders. Some of our past picks had soared over 200%. To view some of our profiled stocks, please visit our website at www.picksthatmove.com. At PicksThatMove, our team scours the technical and financials of hundreds of companies to identify those stocks showing the greatest potential for growth.
The investment opinions offered below and in this press release are provided by Nick Hunter, RIA, of PicksThatMove.com
NIVIDIA Corporation (NASDAQ: NVDA), $13.25, +$0.98, 7.99%, is making gains today of close to 8% with 24 million shares traded. NIVIDIA released its third quarter financials for fiscal 2010 (ending Oct. 25.09), reporting revenues of $903.2 million, up 16% from the previous quarter and up slightly from $897.7 million for the same period a year previous. Complete financial disclosure is available on the SEC website as filed by the company, including income generated on a GAAP and non-GAAP basis. NIVIDIA Corporation is a programmable graphics processor manufacturer with four major product-line operating segments: graphics processing units, media and communications processors, handheld GPU’s and consumer electronics.
Defense Solutions Holdings Inc. (OTCBB: DFSH) $0.355, +$0.015, 4.41%, established in 2001, is an international program/project management, business development and executive consulting firm with its primary focus to serve the defense, homeland security information technology and maritime security markets. Shares of DFSH are seeing more then usual traffic with gains of 4.41% so far today on 1.2 million shares traded with no recent news release. Yesterday DFSH closed at a volume of 1.1 million and 134,400 the day before. The last announcement of late October confirmed that DFSH entered into agreements to represent one American owned refinery group and two Asian refinery groups to secure oil contracts in Iraq. Complete details and previous contracts entered by DFSH are available on the company’s website.
Lake Shore Gold Corporation (TSX: LSG), $4.03, +$0.22, 5.77%, is an expanding mineral exploration company, engaged in the identification, acquisition, evaluation, exploration and development of properties with potential for gold and base metal deposits. LSG is experiencing its highest volume in well over 5 years, currently trading at 7.2 million shares. Today’s announcement confirmed that Lake Shore Gold has acquired all of the outstanding common shares of West Timmins with West Timmins shareholders receiving 0.73 of LSG common share for each common share of West Timmins. Complete details have been posted on LSG’s website. Closing of this Business Combination Agreement was met with a 98% approval vote by the West Timmins Mining shareholders held earlier this month.
Result Energy Inc. (TSX-V: RTE), $0.36, +$0.255, 242.86%, is making gains today with a lot on the go. Result Energy is presently trading at a volume of 25.3 million which is remarkable considering yesterday’s close of 30,500. The company announced its reorganization, appointment of a new management team, Board of Directors, a $26 million Private Placement, and a rights offering to the current holders of Result common shares. Complete details of these numerous new developments have been filed by the company on SEDAR. Under the Private Placement, the company will subscribe for up to $58,823,529 Units of Result at $0.34 per Unit and up to 70, 588,235 common shares of Result for $0.085 per common share for total proceeds of up to $26 million. Result Energy is primarily focused in the exploration and development of oil and gas properties in western Canada, with current operations in central Alberta.
Momentum Biofuels, Inc. (OTCBB: MMBF), $0.06, +$0.04, 200.00%, is making significant gains today with over double its volume from yesterday’s close of 468,000, on no news. Momentum Biofuels is a biodiesel producer focused on servicing the U.S. Gulf Coast with future plans to service the international biodiesel markets. The company manufactures high quality biodiesel fuel for sale to local distributors, jobbers, and state and local government fleets.
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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 up to the minute investment ideas. We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.
Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366
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