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
DISH Network Corp. (NASDAQ: DISH), $20.17, +$0.03, 0.15%, is a U.S based corporation, providing approximately 13.610 million subscribers with quality programming and technology. The company is actively trading this morning with over 8.6 million shares traded so far. Recent news release reported on the Q3 financial results reporting a revenue of $2.892 billion, a slight increase of 1.5% or $2.937 billion for the same period a year prior. DISH gained approximately 241,000 net subscribers during the quarter ending September 30, 2009. Complete financial disclosure has been filed with the SEC.
Timminco Limited (TSX: TIM), $2.16, +$0.06, 2.86%, produces silicon metal and other speciality metals for the use in aluminum, chemical, pharmaceutical, electronics and automotive industries. Last release provides an update on the class action against AMG, with Timminco being a 44.5% owned affiliate, which has been stayed by court order. AMG is a global leader in the production of heavily engineered speciality metal products and advanced vacuum furnace systems. Timminco also issued a release confirming that it will vigorously defend any actions brought against the company. The company is seeing its heaviest traffic since October with over 2 million shares trading hands in this morning.
Bank of America Corporation (NYSE: BAC), $15.96, +$0.19, 1.20%, released its quarterly Lending & Investing Initiative report providing insight into how BAC is utilizing the funds received from the Troubled Asset Relief Program (TARP) to support the U.S. economy. BAC’s focus was on lending to consumers and businesses, support for municipalities and nonprofits and community development among others. Numbers show BAC has extended a $759 billion in new credit since the creation of the program in Q4 2008. Extension of home loans remains one of BAC’s highest priorities. In Q3 alone BAC extended $96 billion in first mortgages, assisting nearly 450,000 people purchase a home or refinance an existing mortgage. Complete details have been posted on the BAC website.
Moydow Mines International Inc. (TSX: MOY), $0.70, +$0.35, 100%, is seeing its shares surge up 100% or $0.35 to $0.70, after a news release confirming that it has entered into an agreement with Franco-Nevada wherein Franco-Nevada will acquire Moydow Mines and its 2% Net Smelter Returns royalty on a portion of Newmont Mining Corporation's Ahafo gold mine in Ghana, for total value of US$58 million. MOY is engaged in the acquisition, exploration and development of precious metals properties world-wide. Complete details have been posted on the company’s website.
Lumonall Inc. (OTCBB: LUNL), $0.04, +$0.39, 2,984.62%, announced that it has agreed to join operations with CleanWear Products Ltd., by acquiring CleanWear, JM Harris Holdings Inc. along with the copyright name CleanWear. CleanWear is a manufacturer of reusable and limited use garments and gloves for individual, clean room and static operations and JM Harris Holdings is a separate legal entity which owns the property and building where the company operates. Complete details have been filed with the SEC.
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Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366