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  • Hot Stocks to Watch | Wolverine Exploration | BP plc | China Sky One Medical | Celldex Therapeutics |

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    Monday Sep 6, 2010, 08:18 pm EST
     
    Stocks to Watch on Tuesday 09/07/2010 -  WOLV, BP, CSKI, CLDX
     
    Dear Traders,
    Sign up for Daily alerts directly to your inbox.
    Hot Stocks to Watch Tuesday 09/07/2010  are
    WOLV- Wolverine Exploration Inc.
    BP- BP plc (ADR)
    CSKI- China Sky One Medical, Inc.
    CLDX- Celldex Therapeutics, Inc.


    WOLV - Wolverine Exploration Inc (OTC:WOLV)
    Wolverine Explorations Inc. is featured in many of the digital publicity newsletters. There is no news to buy this stock but the only reason for it to be ont his list today is its popularity. Paid pumpers will try to pump this stock first. It will be a great opportunity to buy really early and sell at the top. But it is highly risky as you never know when is it going down. Be cautious
     
    BP -BP plc (ADR) (NYSE:BP)
    Thad Allen, Federal chief for the Spill response said "I'm very pleased to announce that with the new blowout preventer on this well, and the cement that was previously put in … this well does not constitute a threat to the Gulf of Mexico at this point,". He also added "But we need to finish the work related to the relief well, and plugging and abandonment, which will need to move forward,". BP stock might see a jump on Tuesday with this great news.


    CSKI - China Sky One Medical, Inc. (NASDAQ:CSKI)
    China Sky One Medical Inc. lowered its 2010 revenue guidance from a prior range of $160 million and $164 million to between $128 million and $136 million. CSKI also has lowered its 2010 adjusted net income guidance, excluding the impact of derivative warrant liabilities, from between $40 million and $41 million to between $26 million and $31 million. I personally don't recommend any Chinese stock but for this one, you can try just a day trade and earn something if there is some correction from its 27% drop on After-Hours Friday.

    CLDX- Celldex Therapeutics, Inc. (NASDAQ:CLDX)

    CellDex Therapeutics Inc. (CLDX) announced last week that Pfizer has informed Celldex that the rindopepimut program is no longer a strategic priority of Pfizer and has terminated the agreement. As previously disclosed, across three clinical studies, rindopepimut has met or exceeded all pre-determined safety and efficacy objectives. It is a shocking news for CLDX but the company is hopeful to be able to carry on the development further on its own. It might regain some of its lost value after dropping initially on Tuesday.

     

    God Bless,
    Be Rich.


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