Undiscovered Equities.com OTC Small Cap Focus List for Wednesday, July 13th 2011 CDOI, MCET, POSC, GLUU, HL
(EMAILWIRE.COM, July 13, 2011 ) West Palm Beach, FL -- Undiscovered Equities.com a top rated newsletter analyzes the most notable explosive OTC, OTCBB, NASDAQ, NYSE Micro Cap Penny Stocks such as CDOI with huge volume and positive change at the open bell.
1-Cardio Infrared Technologies, Inc. (CDOI.PK) last .075 moving up 10% on better-than-average volume of 24.4 million shares in the early session.
CDOI traders are anticipating a breakout above the psychological .10 resistance level in the short-term. A close above .08 could set the stage for a nice rally.
Cardio Infrared Technologies, Inc., a technology and marketing company, focuses on developing exercise equipment combined with medical benefits for the exercise and medical industries. Its Cardio-Cor bike, which is under Phase II clinical study aids in weight loss and inch-loss when used three times per week for 30-40 minute sessions.
2-MultiCell Technologies, Inc. (MCET.OB) last trade .082 advancing 18.84% on steady volume of 20.7 million shares.
In the company's latest press release MCET announced that it has entered into a sponsored research agreement with University Health Network pursuant to which Anand Ghanekar, of the University Health Network'sToronto General Hospital, will direct research activities relating to the evaluation of MultiCell's product candidates MCT-465 and MCT-485, in in vitro models for the treatment of primary liver cancer.
MultiCell Technologies, Inc. engages in the research, discovery, development, and commercialization of therapeutics using its proprietary cell-based systems and immune system modulation technologies.
3-Positron Corporation (POSC.OB) last .035 advancing 16% on better-than-average volume of 6.6 million shares swapping hands in the early session.
POSC had a technical breakout above its 50 day moving average in early trading.
In the company's latest press release POSC announced that in a meeting last night, the CityCouncil of Noblesville passed a global resolution approving economic development assistance for Positron and its proposed high energy 70 MeVcyclotron project and radiopharmaceutical manufacturing facility.
Positron Corporation operates as a molecular imaging company focused on nuclear cardiology. The company utilizes its proprietary product line to provide solutions to the nuclear medicine community ranging from imaging systems to radiopharmaceutical distribution.
4- Glu Mobile, Inc. (GLUU) last tick 5.80 advancing 11% on steady volume of 4.2 million shares swapping hands and nearly session.
GLUU is breaking out over its most recent highs of 5.75. a weekly close above this level would be extremely bullish.
Glu Mobile Inc. engages in the design, marketing, and sale of mobile games worldwide. The companys games based on licensed intellectual property include Call of Duty, Deer Hunter, Diner Dash, Guitar Hero 5, Family Feud, Family Guy, The Price Is Right, Transformers, Wedding Dash, Who Wants to Be a Millionaire?, World Series of Poker, and Zuma; and games based on its own intellectual property comprise Beat It!, Bonsai Blast, Brain Genius, Glyder, Stranded, and Super K.O. Boxing.
5-Hecla Mining Co. (HL) last price 8.21 adding 5.53% gains on better-than-average volume of 3.1 million shares in the morning session.
HL had a technical breakout above its 50 day moving average in the early session.
Hecla Mining Company, together with its subsidiaries, engages in the discovery, acquisition, development, production, and marketing of silver, gold, lead, and zinc. The company produces lead, zinc, and bulk concentrates and sells them to custom smelters; and unrefined gold and silver bullion bars, which it sells to precious metals traders.
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