SYTE this is, in my view, an attractive stock at current prices. The company has embarked upon a 10 million share buy back, and still has almost 1.7 million left in that program, according to its last annual report. How many penny stocks do you know that follow through on their share buybacks? SYTE just might be it. The rest of SYTE's financials are good for a stock trading in the pennies. Keep this stock on your watchlist.
SMVI the last weeks authorized share raise was not something I envisioned when I recently covered the stock on my blog. As I noted after the increase, those 1 billion shares were going to be used for something. The selling on friday and today show exactly what they intend to do with those shares. Obviously it stinks. It does appear that those shares are being soaked up, and if that's the case I can't rule out another rally for SMVI. Also the launch date is fast approaching. Let's just be wary going forward with SMVI about dilution, and if somehow the share selling stops, this stock could perform.
INTP and GBTR were the top two sub $.10 gainers in the market on Monday. Both should be fun to watch on Tuesday to see if they can maintain their ascent.
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