PicksThatMove.com Announces Investment Opinion on MEGA Brands Inc., Yamana Gold Inc., Oracle Corporation, Imaging3 Inc. and New Gold Inc.
NEWARK, Del.--(BUSINESS WIRE)--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.
“Sales trends in the fourth quarter are positive and we are on track to end the year on a strong note in terms of top line, inventories and profitability.”
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.
MEGA Brands Inc. (TSX: MB), $1.35, +$0.50, 58.82%, is a toy company creating basic and themed toys for kids of all ages. MEGA Brands reached a high today of $1.52 and is currently trading at a volume of 5.2 million compared to yesterday’s close of 1 million. The company released its third quarter financial results with reported net earnings of $72 million which is remarkable compared to a net loss of $122.1 million for the same quarter last year. Marc Bertrand, President and CEO, remarks that the company is pleased with its return to profitability and looking forward states that the “Sales trends in the fourth quarter are positive and we are on track to end the year on a strong note in terms of top line, inventories and profitability.”
Yamana Gold Inc. (TSX: YRI), $13.29, +$0.38, 2.94%, is a company with gold development stage, exploration and land properties in Brazil, Chile, Argentina, Mexico and Central America. Gold is trading at $1,116.80, up $10.20, and with it the shares of Yamana Gold, up 2.94%, reaching a high of $13.38 today, with 3.7 million shares traded. Last week news from the company declared a dividend payment of USD$0.01, payable to shareholders of record on December 31, 2009. Yamana Gold is a Canadian based company.
Oracle Corporation (NASDAQ: ORCL), $22.28, +$0.24, 1.09%, is in the business of developing, manufacturing, marketing, distributing and servicing database and middleware software as well as applications software designed to help other businesses manage and expend their operations. The company is making gains today on a share price increase of $0.24, with slightly less volume from yesterday’s close. The most recent announcement confirms that Insurance Experts.com and Quick Life will be utilizing Oracle’s Insurance Data Exchange to increase their productivity without increasing the companies’ costs. Oracle will enable the secure exchange of real-time data, such as policy applications and commission statements.
Imaging3 Inc. (OTCBB: IMGG), $1.627, +$0.407, 33.35%, operates in the sale of medical equipment, parts and services to hospitals, surgery centers, research labs, physician offices and veterinarians. The company is making strong gains today of over 33%, with 15.6 million shares traded. Imaging3 reached a high today of $1.95 on no news. Last week’s announcement advised of Emerging Stock Report, a provider of sector specific independent research, initiating coverage on the company.
New Gold Inc. (AMEX: NGD), $4.30, +$0.24, 5.91%, is engaged in the business of acquisition, exploration, development and operation of precious and base metal properties. The main cash flow for the company comes from its products and sale of gold, silver and copper. New Gold is making gains of over 5%, despite recent news that the Mexican Ministry of the Environment and Natural Resources would withdraw New Gold's environmental impact permit forcing the company to cease operations at its Cerro de San Pedro project.
About Picksthatmove.com
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
