Nov. 30, 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
Citigroup Inc. (NYSE: C), $4.11, +0.05, 1.23%, made slight gains today reaching a high of $4.16 to close slightly under. Citi announced that it has been appointed by 7 Days Group Holdings Limited, a hotel chain based in China, as the depositary bank for its new NYSE-listed American Depositary Receipt program. 7 Days' ADR program was established through a $111.1 million offering, representing the third IPO of 2009 conducted in ADR form and listed on the NYSE. Citigroup is a global financial services holding company providing various services to consumer and corporate customers.
Berens Energy Inc. (TSX: BEN), $1.95, +0.37, 23.42%, closed 0.02 under its high today of $1.97. The company is engaged in the exploration, development, exploitation, acquisition and production of crude oil, natural gas liquids and natural gas in western Canada. Berens Energy announced the initial test results from its 15-21-50-12 W5M Pembina Cardium horizontal oil well. The 15-21 well is the second Cardium horizontal well operated by Berens. Test results for the well were 1,250 bbl/day of oil at the end of a 3 day test period.
Somaxon Pharmaceuticals Inc. (NASDAQ: SOMX), $3.80, +0.80, 26.67%, traded today hitting a high of $4.80 and a low of $3.07, closing with 14.6 million shares traded. Somaxon made gains over 26% on no news. In early November the company reported on its third quarter financials citing a net loss of $1.8 million compared to $10.3 million for the 2008 third quarter. As a development stage company Somaxon had no revenues during the third quarter of 2009. Somaxon is a pharmaceutical company focused on the in-licensing, development and commercialization of proprietary branded pharmaceutical products.
Gran Tierra Energy Inc. (AMEX: GTE), $6.01, -0.06, -0.99%, closed the day with volume of over 7.3 million a remarkable increase from Friday’s close of 1.3 million. Gran Tierra is an independent international energy company focusing on the acquisition, exploration, development and production of oil and natural gas properties in Colombia, Argentina and Peru. The Company released a conference schedule with the President and CEO, Mr. Dana Coffield, presenting at the FirstEnergy/Société Générale Global Energy Conference, in London, England, on December 1, 2009, and Mr. Shane O’Leary, the Company's COO, presenting at the Canaccord Adams Global Energy Conference in Miami, Florida December 1, 2009.
NeoMedia Technologies Inc. (OTCBB: NEOM), $0.014, +0.001, 3.85%, closed at its high today with over 10 million shares traded on no news since October. The last company release reported on the completion of three key projects, all with leading brands, across Europe’s most advanced mobile market. NeoMedia is in the business of providing a suite of software and hardware for processing 1D and 2D barcodes for mobiles and enabling applications in mobile marketing, mobile couponing, mobile ticketing and mobile payment.
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Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366
