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SMALL BUSINESS
PicksThatMove.com Announces Investment Opinion on Dyax Corporation, Goldcorp Inc., Gold Wheaton Corporation, Great Basin Gold Ltd. and Fresh Harvest Products Inc.
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.
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
Dyax Corporation (NASDAQ : DYAX), $4.29, +0.79, 22.57%, is a
biopharmaceutical company focusing on the discovery, development and
commercialization of novel biotherapeutics for medical needs with an
emphasis on inflammatory and oncology indications.
DYAX
reached a high today of $4.69 and is heavily trading today with gains of
over 22%. The company announced that it received approval from the U.S.
Food and Drug Administration for
Kalbitor®
which aids in the treatment of acute attacks of hereditary angioedema
(HAE)
in patients 16 years of age and older. Gustav A. Christensen, President
and CEO stated “The approval of KALBITOR represents an important
milestone in our ongoing commitment to the HAE community.”
Goldcorp Inc. (TSX: G), $47.78, +0.88, 1.88%, is making gains
today on 2 million shares traded. The stock reached a high today of
$48.31 hitting a low of $47.11.
Goldcorp
announced that its subsidiary company entered into an agreement with
Newstrike Capital Inc. to sell its 21.2% interest in the Morelos gold
project in Mexico for approximate value of $52 million. Goldcorp is a
Canadian based company with operations in Canada, the United States,
Mexico and Central and South America. The company’s gold production is
100% unhedged.
Gold Wheaton Corporation (TSXV: GLW), $0.385, +0.005, 1.32%, is
the heaviest traded security on the TSX Venture today with slight gains
of over 1%, trading at its day’s high hitting a low of $0.38. Two days
ago the
company
announced the closing of its second draw down for CAD$50 million of
the aggregate CAD$100 million debt financing. GLW has issued an
additional 62.5 million warrants exercisable at CAD$0.50 per share for
five years from the date of closing. The net proceeds of the financing
are to be used for general corporate purposes. Gold Wheaton operates
from the sale of gold and previous metals produced by others.
Great Basin Gold Ltd. (AMEX: GBG), $1.76, +0.08, 4.76%, is a
mining company doing acquisitions, exploration and development of
precious metal deposits. GBG is trading slightly under its high of $1.78
today, reaching a low of $1.69. Last month the company announced that it
had closed its bought deal offering for estimated proceeds of $126.5
million. Recently GBG received the 2009 Environmental Excellence Award
from the Northwest Mining Association for its Hollister Project in
Nevada, USA.
Fresh Harvest Products Inc. (OTCBB: FRHV), $0.028, +0.008, 40.00%, is
continuing to make gains today of over 40% with a spike in volume. FRHV
operating as an organic food business distributing and marketing a line
of organic food products, completed a Letter of Intent to acquire the
assets of a privately held purveyor of organic and natural frozen foods.
The company has over $1 million in revenues and its products are
distributed to retailers across the USA.
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
Copyright Business Wire 2009
2009-12-02 11:52:00
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