Oct. 20, 2009 (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
DryShips Inc. (NASDAQ: DRYS), +$0.229, 3.24%, $7.99, is continuing its active trading today on no recent news developments. After the market close on October 26, 2009, shareholders can expect the results of the company’s earnings for the third quarter and nine months, ending September 30, 2009. On October 27, 2009, the management team will hold a conference call to discuss the financial results. DryShips Inc. is based in Greece and it specializes in the transportation of dry bulk cargoes.
Cereplast Inc. (OTCBB: CERP), +$0.041, 45.78%, $0.131, announced that it's in the works of developing breakthrough technology which would transform algae into bioplastics. Cereplast has plans to launch a new family of algae-based resins that will accompany Cereplast’s existing line of Compostables(R) & Hybrid(R) resins. It also reported that the algae-based resins could replace 50% or more of the petroleum content used in traditional plastic resins. Cereplast, Inc. designs and manufactures proprietary bio-based resins which are used to manufacture bio-plastics for packaging and various industrial and consumer applications.
Northrock Resources Inc. (TSX-V:NRK), +$0.100, 133.33%, 0.175, has concluded its 2009 drilling program at the Main Gold Zone, which consisted of 1200 meters of diamond drilling in nine holes of the Turner Lake Project. Northrock Resources reports that the Main Gold Zone contains continuity along strike and down-dip and significant gold mineralization happening within a brecciated, meta-greywacke surrounded by an ultramafic unit. It is noted that assay results from the 2009 drill program are expected shortly. The company is based in Vancouver carrying its exploration activities in Nunavut, Canada.
Regions Financial Corporation (NYSE: RF), +$0.120, 2.11%, $5.82, has released their financial statements, ending September 30, 2009, which could explain today’s trading activity. Some information provided include a loss of 37 cents per diluted share, reflecting Regions efforts to address loan portfolio stress and a charge related to its branch consolidation. Regions also reports the opening of a record of 270,000 retail and deposit checking accounts and commencement of consolidating 121 branches. A full detailed report is available on the U.S. Securities and Exchange Commission website. Regions Financial, a member of the S&P 100 Index, has $140 billion in assets and is one of the largest full-service providers of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services.
Denison Mines Inc (TSX: DML), +$0.110, 6.25%, $1.87, is enjoying an above average trading volume and a share price increase of 11 cents. The company last reported on its 7,500 meter drill program on the Wheeler River Property located in the Athabasca Basin of northern Saskatchewan. The Wheeler Project is a joint venture among Denison (60%), Cameco Corp. (30%) and JCU Exploration Company, Limited (10%). Denison Mines Corp. is a uranium producer, with three active mines in the U.S. and with mining assets in the Athabasca Basin region of Saskatchewan, Canada.
Nick Hunter, RIA, of is a member of the National Association of Securities Dealers, CRD number 2022366
