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
Achilion Pharmaceuticals Inc. (NASDAQ: ACHN), $3.34, +$1.19, 55.35%, is a biopharmaceutical company focusing on the development and commercialization of innovative treatments for infectious disease. Achilion was primarily concentrating on the development of antivirals for the treatment of chronic hepatitis. ACHN’s shares rose over 60%, hitting a high of $3.89, on news that the company reported achieving reduction in HCV RNA in patients with hepatitis C, after its clinical trial of ACH-1625.
FGX International Holdings Limited (NASDAQ: FGHI), $19.43, +1.52, 8.49%, surpassed its 52 week-high from yesterday by hitting the day’s high today of 19.47. FGX is trading with significantly higher then usual volume. FGX, a designer and marketer of non-prescription reading glasses, sunglasses and costume jewelry, has signed a definitive agreement to merge with a subsidiary of Essilor International. FGX will receive $19.75 per share in cash upon completion of the merger, for value of approximately $465 million, including the assumption of FGX debt of approximately $100 million.
Golden Star Resources (AMEX: GSS), $3.40, +0.05, 1.49%, is making gains trading with steady volume, hitting a high today of 3.43. Earlier this month GSS announced that it had priced an offering of 20,000,000 common shares at US$3.75 per share for gross proceeds of US$75,000,000. Golden Star Resources is an international gold mining and exploration company, producing gold in Ghana, West Africa, with other gold explorations in West Africa and in South America.
Options Media Group Holdings Inc. (OTCBB: OPMG), $0.19, +0.04, 32.00%, is seeing its shares surge in volume today with over 12.5 million shares trading hands. This past November OPMG’s shares reached a 52 week-low of 0.052. Options Media is an e-mail service provider for on-demand e-mail marketing to create, send, and track professional and permission-based e-mail marketing campaigns. The company announced it closed the signing of an asset purchase agreement with H2O PM, Inc. OPMG purchased technology for Bluetooth advertising and mass SMS Text Messaging broadcast capabilities.
Adobe Systems Incorporated (NASDAQ: ADBE), $37.70, +1.34, 3.69%, surpassed its 52 week-high from November of 37.15, hitting a new high of 38.20. Adobe Systems focuses on delivering creative, business and mobile software and services. The company reported their financial results for its fourth quarter and fiscal year ended Nov. 27, 2009, with revenues of $757.3 million, compared to $915.3 million for the same period last year and $697.5 million reported in the third quarter of fiscal 2009. The fourth quarter results are a reflection of Adobe’s acquisition of Omniture, Inc.
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PicksThatMove.com is an independent electronic publication that provides information on selected publicly traded companies. PicksThatMove.com is not a registered investment advisor or broker-dealer. PicksThatMove.com’s affiliates, offices, directors and employees may buy and sell shares in any company mentioned herein and may profit in the event those shares rise in value. Please follow us on Twitter and Facebook for further investment updates. We recommend you do your own Due Diligence before investing in any of the stocks mentioned above.
Nick Hunter, RIA, of PicksThatMove is a member of the National Association of Securities Dealers, CRD number 2022366
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