Watch list for Monday ACLH, CPE and OCNF ( WWW.PENNYSTOCKLIVE.COM )
- Thursday, December 24, 2009, 7:39
- Businesses, Press Releases
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Watch list for Monday ACLH, CPE and OCNF
ACLH has been on down trend for few weeks now, I think we should see a bounce back on ACLH, put this on your watch list.
About the Company:
ACT Clean Technologies, Inc., formerly Advanced Clean Technologies, Inc., is a provider of restructuring strategies, turnaround execution and business development services for emerging and re-emerging public companies. The Company markets its services to individual public companies, hedge funds, institutional investors and banks that have significant exposure in troubled micro-cap public companies. These companies are typically either in operational or financial difficulty and may be in default of lending or equity agreements, and may be facing bankruptcy or liquidation if their operations are not turned around. The Company’s operations are conducted in the United States. In January 2008, Turnaround’s subsidiary sold its 10% ownership stake in Interactive Nutrition (INII) to INII’s parent, Natural Nutrition, Inc. As a result, Natural Nutrition, Inc. owns 100% interest in INII. In November 2009, the Company completed the acquisition of American Petroleum Solutions, Inc.
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CPE is trading around support level. I see CPE around $3.00 in next few months. CPE is an oil company so keep an eye on positive news on economy, negative news on dollar; that will push CPE high
About the Company:
Callon Petroleum Company (Callon) is engaged in the exploration, development, acquisition and production of oil and gas properties. The Company’s properties are geographically concentrated primarily offshore in the Gulf Coast Region both onshore and offshore. As of December 31, 2008, Callon owned working interests in a total of 86 blocks/leases covering 193,000 net acres. As of December 31, 2008, the Company’s estimated net proved reserves totaled 54.8 billion cubic feet of natural gas equivalent (Bcfe) and included six million barrels of oil (MMBbls) and 18.7 billion cubic feet of natural gas (Bcf). Oil constitutes approximately 66% on an equivalent basis of its total estimated proved reserves and approximately 76% of its total estimated proved reserves are proved developed reserves. On April 8, 2008, the Company sold a 50% working interest in the Entrada field to CIECO Energy (US) Limited (CIECO).
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We called OCNF few weeks ago and our members made 50% on OCNF. Now I think we can make another 50% on OCNF I don’t see this trading below $.80 cents. Buy right now and make an easy 50% profit in your pocket.
About the Company:
OceanFreight Inc. is a global provider of shipping transportation services. The Company specializes in transporting drybulk cargoes, including such commodities as iron ore, coal, grain and other materials and crude oil cargoes through the ownership and operation of nine drybulk carriers and four tanker vessels. During the year ended December 31, 2006, the fleet of the Company consisted of eight Panamax and one Capesize drybulk carriers and three Aframax and one Suezmax tanker vessels with a total capacity of 1.2 million dead weight tons (dwt) and an average age of 13.9 years.
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