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San Diego, CA 6/29/2009
An analysis of PharmaCom BioVet, Inc. (PHMB), Office Depot, Inc. (ODP), and NextWave Wireless, Inc. (WAVE) has been made available at the Small Cap Network website. These three stocks were among last week's biggest movers and most most actively-traded stocks, though the reason for the activity may or may not have been merited.
The small cap stock-trading website publicizes its daily stock and market analysis through its website, and delivers highlights of those comments 2 to 3 times per week through a newsletter. To register for the publication, go to: access.smallcapnetwork.com/t/.
NextWave Wireless shares were rumored to be up early last week due to short covering, though there's no clear evidence of that pressure. Also, the reason for the sudden pullback late last week may be short-lived. Office Depot shares rallied on hopes that a dilutive financing may be more beneficial to investors in the long run than the short-term downside. PharmaCom BioVet did not make a lot of progress in terms of a net gain, but this pink sheet stock has exhibited encouraging tendencies with its daily chart. However, the reason for the interest may be more hype-based than substantive.
A deeper analysis of the gains and recent activity from each stock can be accessed using the link below. Charts of each stock are also provided.
Active traders who wish to be receive the complimentary newsletter can sign up by visiting: access.smallcapnetwork.com/t/.
About Us
The comments and outlooks made by Small Cap Network's research staff combine technical and fundamental approaches that not only find the attractive stocks. but also determine the ideal times to buy or sell them. The organization's broad market-based calls draw on decades worth of investing experience, and an effective combination of breadth and depth tools.
The website and its interactive community pages are becoming one of the web's preferred destinations for active investors searching for unbiased small cap and micro cap commentary. The free newsletter provides the site's highlights for those who receive it, while the blog and community pages provide an enormous amount of exclusive commentary on the undercovered small cap segment of the equity market.
Forward-Looking Statement:
This press release may include or imply "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
SmallCapNetwork.com is not a registered investment adviser or broker/dealer. SmallCapNetwork.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for many of their securities, investing in such securities is highly speculative and carries a high degree of risk.
Contact Information:
Small Cap Network
4653 Carmel Mtn. Rd Suite 308 #402
San Diego, CA 92130
Email: editor@smallcapnetwork.com
Source: Small Cap Network
http://community.smallcapnetwork.com/Last-Weeks-Most-Purchased-Penny-Stocks-WAVE-ODP-PHMB/s/article/view/p/mid/2/id/37/
