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.
Starfield Resources Inc. (TSX: SRU), $0.105, +0.01, 10.53%, traded in a tight range of 0.11 and 0.095. The stock sits at a 52 week-high of 0.26 since February 2009. SRU garnered some serious attention today surging past its average volume on no recent news. Last month’s announcement was on the closing of the private placement offering of common shares for gross proceeds of $1,301,500. The company had issues 13,700,000 common shares at $0.095/share. SRU develops for copper, nickel and platinum group elements in North America.
Sirius XM Radio Inc. (NASDAQ: SIRI), $0.959, +0.067, 7.49%, SIRI has been on a steady incline. We previously reported on SIRI when it was trading at 0.88 cents. Today SIRI traded in the range of 0.98 hitting a low of 0.905. The high of the day today was enough to surpass its 52 week-high of 0.95. Last several announcements from Sirius were on the type of programming was being featured from Oprah radio to teens discussing peer pressure and related matters. Sirius XM Radio is America’s satellite radio company delivering to subscribers commercial-free music channels, premier sports, news, talk, entertainment, and traffic and weather. SIRI traded at its highest volume in over a month.
Result Energy Inc. (TSXV: RTE), $0.38, +0.01, 2.70%, closed the day surging past its average volume but not getting much movement and reaching the day’s high and low of 0.37 to 0.38 but managing to stay as one of the heavier traded companies on the TSX Venture. RTE is involved with exploration and development of oil and gas properties in Western Canada with current activities on projects in Central Alberta. RTE last announced that it would distribute 529,803,912 common shares issuable pursuant to the exercise of the 529,803,912 outstanding special warrants of Result. This automatic conversion date will now be February 17, 2010, which was changed from Feb 16th, as previously announced.
Oil Sands Quest Inc. (AMEX: BQI), $0.73, +0.04, 5.80%, made gains of close to 6% today maintaining a tight grip between 0.70 and 0.73. Oil Sands Quest sits a 52 week-low of 0.63 from last March. The company is involved in exploring contiguous oil sands land holding in Canada and developing its first global scale discovery. The last company release earlier this month was its Letter to Shareholders advising of the recent sale by BQI of its Pasquia Hills properties to a new company.
Infospi Inc. (OTCBB: ISPI), $0.239, +0.059, 32.78%, surged on volume today making considerable gains of 32.78%, trading in a modest range of 0.205 to the day’s high of 0.265. Infospi Inc. is an environmentally focused company focusing on the development of Biofuels and biotechnologies by working together with experts and universities in the same field. The 52 week-high for ISPI from January 21, 2010 was 0.46 while shortly after it hit its 52 week-low of 0.11 on February 3, 2010.
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