Edward Mezvinsky owes Dewey Scneebley $50 Bucks
I was so bored this Friday with the market that I started searching who Chelsea Clinton was going to marry and found out some interesting facts from Dewey Scneebley on the new husband to be and I learned that Mez owes Dewey $50 bucks and also Chelsea is getting a bunch of In-Laws because the Margolies’s have two children, Mezvinsky’s four children from a previous marriage, two sons born to them, and three Vietnamese ...read more
Biotech Friday: ATHX Jumps after Upgrade to Strong Buy
Several Biotech stocks today showed some positive traction with relatively little happening after the GDP numbers were released this morning. Athersys (Nasdaq: ATHX) was definitely the most active of the bunch after announcing positive Phase I data from a study for their stem cell product MultiStem in the treatment of heart damage caused by heart attack. WBB Securities promptly upgraded ATHX from “buy” to “strong buy.”
The top five percentage gainers ...read more
AXTI Rally after Beating Q2 Est; Solar Sector Down
At mid-day, AXTI was trading at $5.65 on heavy volume of about 750,000 shares. The company announced a 77% spike in second-quarter revenue to $23.2 million after yesterday’s close. Quarterly profit came to $5.5 million or $0.17 per share, well ahead of the net loss of ($1.3 million) or ($0.04) cents per share in the same period last year. The firm topped ...read more
China Overtakes Japan will Overtake U.S. in Size in 2025
The uninterrupted economic ascent, which saw China overtake Britain and France in 2005 and then Germany in 2007, is gradually translating into clout on the world stage.
In one important respect, however, China does not permit its currency to be freely exchanged except for purposes of trade and foreign direct investment.
(Reuters) China has overtaken Japan to become the world’s second-largest economy after three decades of rapid growth that has lifted hundreds of ...read more
AJGH.OB – A Chinese Stimulus For Your Portfolio
Last week we shared with you 2 trading ideas whose price per share soared 40% and even over 100%! Our next prospect is one we have been researching and are really liking what we see especially after the guidance announcement released earlier today.
American Jianye Greentech Holdings Ltd. (OTCBB: AJGH) — pps $0.81
About American Jianye Greentech Holdings: Jianye Greentech Holdings Ltd. is an alternative fuel company that develops, manufactures, and ...read more
Pacific Ethanol (Nasdaq: PEIX): +15%; Reorganizing & Cutting Debt
Shares of Pacific Ethanol (Nasdaq: PEIX) were up 15% at $0.56 on very heavy volume of 3.8 million shares. No recent news to speak of, but there must be something going on so I put in a call to the Company and will be back later with more. Pacific Ethanol announced recently plans to reorganize; purchase other subsidiaries; and eliminate about $290 million in debt.
In the press release, PEIX announced ...read more