PicksThatMove.com Announces Investment Opinion Hot Stocks on NVNC, MPG,
ACOR, KNA and ROYL
NOTE TO EDITORS: The following is an investment opinion issued by
NEWARK, Del. -- October 16, 2009
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
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
Today’s hot stocks to watch include: Novo Energies Corp. (OTCBB:NVNC), Maguire
Properties Inc. (NYSE:MPG), Acorda Therapeutics Inc. (NASDAQ:ACOR), Keystone
North America (TSX: KNA) and Royale Energy Inc. (NASDAQ: ROYL).
Novo Energies Corp. (OTCBB: NVNC), +$0.02, 2.56%, $0.80, operates in the
renewable energy sector developing cost effective technology which converts
plastic and tire waste into liquid fuels. Novo's wholly owned subsidiary WTL
Renewable Energy, Inc. will plan, build, own and operate renewable energy
plants throughout North America. Novo Energies surpassed its intermediate
price forecast and has a long term target of $1.25, as assessed by Grass Roots
Research, Inc., a leading research firm which provides unsolicited coverage of
Maguire Properties Inc. (NYSE: MPG), -$0.05, 1.01%, $2.91, based in Southern
California is a real estate investment trust. The company owns and operates
properties that dominate the skylines in the central business district of Los
Angeles. Documents filed with the U.S. Securities and Exchange Commission
reflect that Appaloosa Management LP owns more than 4 million shares of the
real-estate company, worth 8.39% of Maguire's outstanding shares. MPG, who on
average sees a trading volume of 3.2 million, has surpassed the 8 million
mark, with trading continuing higher today after a 16% jump from yesterday.
Acorda Therapeutics Inc. (NASDAQ: ACOR), +$0.03, 0.12%, $24.68, saw its shares
surge after the release of a 12 to 1 favourable vote held by the Peripheral
and Central Nervous System Drugs Advisory Committee (PCNSD) of the FDA where
Fampridine-SR 10 mg is considered as an effective treatment to improve
mobility in multiple sclerosis patients. The committee further voted 10 to 2
(1 abstention) that the treatment is clinically beneficial and safe to use.
Dr. Ron Cohen, President and CEO, confirmed that if the treatment is approved,
ACOR’s sales force will ensure a successful launch.
Keystone North America (TSX: KNA), -0.02, 0.26%, $7.74, whose average trading
volume has seen a dramatic incline to over 11 million yesterday, recently
announced that it has entered into a support agreement with Service
Corporation International. As per the agreement, SCI has agreed to offer to
purchase all the outstanding shares of Keystone, including those represented
by income participating securities, at $8.00 per share. KNA owns and operates
funeral homes across Canada and North America.
Royale Energy Inc. (NASDAQ: ROYL), +0.57, 17.79%, $3.79, is an independent
energy company with its main focus on the development, acquisition,
exploration, and production of natural gas and oil in California, Texas and
the Rocky Mountains. Today the company announced that after drilling at
unexplored depths it has encountered higher pressures then those produced in
its previous fields increasing the expected rate of gas recovery. This find
provides the company with new development opportunities to increase production
and natural gas reserves.
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 do your own Due Diligence before investing in any of the stocks
Nick Hunter, RIA, of is a member of the National Association of Securities
Dealers, CRD number 2022366
Joseph Smith, 1-877-292 3917
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