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  • Stocks to Watch | MIR | RRI | ABK | BLUG | CTIC | SIRI | GENZ |

    Hot stocks
    Monday April 12, 2010, 8:53 am EST

    Hot Stocks for Monday 04/12/2010 - MIR, RRI, ABK, BLUG, CTIC

    Dear Traders,

    Hot stocks to watch on Monday 04/12/2010  are
    ABK - Ambac Financial Group Inc.
    MIR - Mirant Corporation
    RRI - RRI Energy Inc.
    BLUG - Blugrass Energy Inc.
    CTIC - Cell Therapeutics Inc.


    MIR & RRI - An excellent merger of two electricity giants. This will help them with cost cutting and to sustain in the market when electricity prices are low. Both the companies will benefit from the deal and the new company formed will be named as GenOn energy.
    News
    Mirant, RRI Energy combining in $1.61B deal
    Energy providers Mirant Corp. and RRI Energy Inc. said Sunday they are combining in a $1.61 billion stock-swap deal, renaming the company and creating a utility powerhouse that will become one of the nation's largest independent power producers.
    Source : Associated Press 

    ABK - Ambac gained 71% after profit reporting on Friday. Don't forget ABK was priced at more than $60/share before the recession. This will rise consistently with good results. ABK can reach up to $ 3/shr or even more this year. Do your research on all relevant news and reports you find about Ambac.
    News
    Ambac shares jump after quarterly results
    Source : MarketWatch 

    BLUG - The latest news is that Blugrass has entered into an Agreement on Canyon Sands Prospects With Petro Grande. There are also some other news flowing about this company. This company has also started some paid advertising through electronic media. All this indicates an exploding week for BLUG. Its a golden chance to make money. But don't buy before doing proper research as such penny stocks are very dangerous.
    News
    Blugrass Energy Announces MOU With DeepExpro, LLC
    Blugrass Energy, Inc.  (BLUG) is pleased to announce that Blugrass Energy, Inc. has entered into a Memorandum of Understanding with DeepExpro, LLC, a privately held independent oil and gas exploration and production company based in Houston, Texas, to jointly identify, evaluate, acquire, explore, and develop various working interests and net revenue interests in oil and gas prospects.
    Source : MarketWatch   

    CTIC - CTIC can explode anytime now. Keep this in your watchlist.  This company is known for huge bounces suddenly on very normal news too. Check out the post for CTIC.

    SIRI - The Market for SIRI is not over yet. SIRI has its place secured in the Radio industry. SIRI came back from very low levels and is holding strong. It can bounce anytime. Check posting for SIRI.

    GENZ - A lot is happening at the corporate level in Genzyme. A big decision about change in management can come anytime. Keep looking for news related to Genzyme. If you are ready to take some more risk, you can try Options in Genzyme. Good Luck. Read More.

    Work smart Today to enjoy your Tomorrow.

    God Bless,
    Be Rich.

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