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
Uranium One Inc. (TSX: UUU), $3.02, +$0.03, 1.00%, closed at its highest volume in over five days with 6.3 million shares traded for a close at $3.02. This spurge in activity was not related to any new company developments as the last company announcement was made at the beginning of the month. It is being reported however that uranium shares have been on an incline recently as one of the world’s largest uranium mines, BHP Billiton Ltd, has been forced to shut down its Olympic Dam operations, enabling the smaller companies to make some gains in the sector.
Allana Resources Inc. (TSX-V: AAA), $0.24, +$0.03, 14.29%, a Canadian potash company, made gains and saw a heavier flow of traffic today as it announced that it has been presented with numerous offers from those interested in joining AAA in its potash project in Danakil Depression, Ethiopia. All offers are being taken into consideration by the company’s management as they are believed to be more attractive then the previously received Memorandum of Understanding from ChinaSo. Allana wants to enter into an arrangement that will provide most value to its shareholders and is in the best interests of the Company.
RF Micro Devices Inc. (NASDAQ: RFMD), $4.04, +$0.02, 0.50%, recognized as a leader of high-performance semiconductor components whose products provide mobility, connectivity and functionality in a cellular handset, introduced today its RFFC0085 frequency converter integrated circuit. The RFFC0085 is said to deliver optimum performance with low power consumption and low distortion, consisting of an input AGC amplifier, mixer and a video/AGC amplifier. These exciting developments could have contributed to the company’s rise in share price to close at $4.04 with a volume of over 21 million shares traded. RFMD will also be attending SCTE Cable-Tec Expo ’09, through October 28 to 30, in Denver, Colorado.
Sunovia Energy Technologies (OTCBB: SUNV), $0.175, +$0.033, 23.24%, is a Florida based company commercializing and marketing products in the LED lighting and solar markets while reducing carbon emissions and preserving the environment. SUNV gained a significant share price increase today of $0.033 to close at $0.175, a 23.24% gain from yesterday, with a spike in over 9.2 million shares traded, in comparison to 4.2 million yesterday and 1.4 the day before. All this action cannot be contributed to any new developments, however, the last report earlier this month confirmed that SUNV achieved an unprecedented six mounting heights spacing with its Cobra Head LED lighting product line. This was an exciting announcement as it allowed the company to immediately begin work on replacing roadway fixtures with more efficient LED fixtures. These new milestones could be a sign of good things to come.
Mphase Technologies Inc. (OTCBB: XDSL), $0.021, +$0.001, 5.00%, made gains today of 5% with a share volume of over 4.3 million, which could be in correlation to the announcement that the company will be taking part in the International Consumer Electronics Show in Las Vegas, as its consumer product division will be revealing the mPower Emergency Illuminator. The three day event, held early next year, is said to attract over 100,000 visitors from 140 countries. Mphase Technologies is a development-stage Company specializing in microfluidics, microelectromechanical systems (MEMS) and nanotechnology.
Nick Hunter, RIA, of is a member of the National Association of Securities Dealers, CRD number 2022366
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