On Friday, our Under the Radar Moversnewsletter suggested enriched uranium stock Centrus Energy Corp (NYSEMKT: LEU) as a bullish trade:
This is a name that’s been on our watchlist for a while. It’s not red hot, but that’s why we like it. We’ve got a feeling that the past few weeks of consolidation has built up a head of steam, and the bulls just need the right nudge. Bolstering the bullish argument is the way LEU is increasingly finding support at its key moving average lines.
Our Under the Radar Moversnewsletter has a more detailed discussion about Centrus Energy Corps technical chart along with a bullish trading strategy:
nyse penny stocks: Century Casinos, Inc.(CNTY)
- [By Lisa Levin]
Century Casinos, Inc. (NASDAQ: CNTY) shares dropped 15 percent to $7.77. Century Casinos priced its 4.25 million share offering at $7.50 per share.
nyse penny stocks: Methanex Corporation(MEOH)
- [By Jim Robertson]
Back in February of last year, we suggested Methanex Corporation (MEOH), which ended up providing us with some pretty good gains in a fairly short amount of time, and based on what’s happening with the stock technically right now, it could be another gainer over the next several days to few weeks.
nyse penny stocks: Ideal Power Inc.(IPWR)
- [By Jim Robertson]
On Thursday, our Under the Radar Moversnewslettersuggested smallcap electrical power conversion product stock Ideal Power Inc (NASDAQ: IPWR)as a long trade:
nyse penny stocks: Royal Bank Scotland plc (The)(RBS)
- [By Paul R. La Monica]
European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He’s shorting all three.
- [By Jonathan Morgan]
Adidas AG slid 2.9 percent after lowering its profit forecast for 2013. Direct Line Insurance Group Plc lost 2.5 percent as Royal Bank of Scotland Group Plc (RBS) sold a 630 million-pound ($1 billion) stake in the U.K.s biggest car insurer.
nyse penny stocks: Colliers International Group Inc. (CIGI)
- [By Lee Jackson]
A10% owner of Colliers International Group Inc. (NASDAQ: CIGI) wasadding to holdings last week. Spruce House Partners bought a total of 133,800 shares of the company at $42.05 per share. The total for the buy was listed at $6 million.