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  • Stocks to Buy Wednesday - Aug 4th, 2010 - DEPO, PCLN, ADSY, BP

    priceline official LOGO
    Wednesday Aug 4, 2010, 09:01 am EST

    Hot Stocks to Watch on Wednesday 08/04/2010 -  DEPO, PCLN, ADSY, BP
    Dear Traders,

    Hot Stocks to Watch Wednesday 08/04/2010  are
    DEPO - DepoMed, Inc.
    PCLN- priceline.com Inc.
    ADSY - Ad Systems Communications, Inc.
    BP - BP plc (ADR)



    DEPO - DepoMed, Inc.(NASDAQ:DEPO)
    Depomed, Inc. (DEPO) gained in the premarket on the announcement that Pfizer(NYSE:PFE) has confirmed that no suit under the Hatch-Waxman Act has been filed. DM-1796 is an extended release, once-daily tablet formulation of gabapentin for post-herpetic neuralgia developed by Depomed. "We look forward to a potential approval of DM-1796 in the first quarter of next year," CEO Carl A. Pelzel said.

    PCLN - priceline.com Inc.(NASDAQ:PCLN)
    Priceline (PCLN) gained around 18% in pre-market trading after reporting strong earnings on Tuesday. Priceline.com announced that the  earnings were $115 million, or $2.26 per diluted share, up from $67 million, or $1.38 per diluted share a year earlier. The stock has been performing considerably well since last year.


    ADSY - Ad Systems Communications, Inc. (ADSY.OB)
    Along with heavy paid publicity, ADSY has been active due to its continous press releases. This stock is expected to gain today on its latest PR. They announced that they signed a contract with Manchster broadband according to which, Ad Systems Communications Inc. will be the exclusive cable advertising sales company for Manchester Broadband, a cable TV provider in Manchester, Georgia.

    BP - BP plc (ADR)(NYSE:BP)

    BP announced Wednesday that pumping heavy drilling mud into its stricken well in the Gulf of Mexico had appeared to stabilize pressure in the well. Its a huge relief for people living nearby the gulf region, for the federal government and for BP management. Investors who had trust in BP were in at various points in $20ish and $30ish range. BP's stock price from now onwards depends much on the clean up and the payment of claims. The Stock price will increase gradually. Buying Call Options will be a smart idea for long run.



    God Bless,
    Be Rich.



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1 comments:

  1. Hot Stocks says:

    Specialize in something you really love – because other people will and they’ll end up doing what you wanted to do. When you become known as a competent specialist in something that you love, the money will flow faster than you thought possible and you’ll be happier than if you go the “safe” route, taking any job for today’s money and forgetting your dreams.

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