Penny Stock Chaser Announces Investment Opinion on PNX, DLX, MI, BPUR, RAMS

Thu Jul 9, 2009 4:03pm EDT
 
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NEWARK, Del.--(Business Wire)--
In the final hour of trading Thurday, US stocks seemed trading to the upside as
Dow Jones Industrial Average climbed 4 points to 8182, S&P 500 gained 2 points
to 881 and The Nasdaq Composite rose 6 points to 1753. 

Every trading day our team at Penny Stock Chaser looks through thousands of
stocks to identify those that are poised and ready to move up. Penny Stock
Chaser presents last hour movers: Phoenix Companies Inc. (NYSE:PNX), Deluxe
Corp. (NYSE:DLX), Marshall & IIsley Corp. (NYSE:MI), Biopure Corp. (BPUR) and
Aries Maritime Transport ltd. (NASDAQ:RAMS). 

To receive more hot stock alerts, investors simply need to join our FREE
newsletter service by visiting the following link:
http://www.pennystockchaser.com/join-now/

The following stocks are expected to go higher: 

Phoenix Companies Inc. (NYSE:PNX) shares climbed 19% to $1.58 on no new. PNX
Technical Analysis shows a support at $0.55 and resistance at $1.53, $2.22. The
Company provides life insurance, annuity and investment products through a
variety of third-party financial professionals and intermediaries. Its
operations are conducted through subsidiaries, mainly Phoenix Life Insurance
Company and PHL Variable Insurance Company. 

Deluxe Corp. (NYSE:DLX) was up 13% trading at $14.18. The Company recently
announced two moves by its Hostopia unit to help expand Deluxe's Web services
customer base - a definitive agreement to purchase certain of the shared web
services customer assets of Aplus.net and the completed purchase of the search
engine marketing (SEM) firm MerchEngines. 

Marshall & IIsley Corp. (NYSE:MI) moved up 7% to $4.50. Marshall & Ilsley
Corporation is a registered bank holding company under the Bank Holding Company
Act of 1956 and is certified as a financial holding company under the
Gramm-Leach-Bliley Act. Generally, M&I organizes its business segments based on
legal entities. Each entity offers a variety of products and services to meet
the needs of its customers and the particular market served. 

Biopure Corp. (NASDAQ:BPUR) jumped 45% trading at $0.16. Although, the Company
recently has received notice from The Nasdaq Stock Market that it is our of
compliance with the Nasdaq Market Rules and its common stock may be delisted,
BPUR shares still surged 45% today. The Company develops pharmaceuticals, called
oxygen therapeutics, that are intravenously administered to deliver oxygen to
the body's tissues. The Company has two oxygen therapeutic products, Hemopure
for human use and Oxyglobin for veterinary use, which is similar except for
their molecular size. 

Aries Maritime Transport Ltd (NASDAQ:RAMS) surged 21% to $0.80. Aries Maritime
Transport is an international shipping company that owns products tankers and
container vessels. Its fleet currently consists of seven products tankers and
three container vessels. 

Recently the Company filed its annual report on Form 20-F for the year ended
December 31, 2008. The Form 20-F contains an explanatory paragraph which notes
that there are specific factors which raise substantial doubt about the
Company's ability to continue as a going concern. In addition, Aries Maritime is
currently in negotiations with its lenders to obtain waivers for certain
financial covenants. The Company has plans in place to improve the performance
and financial strength of the Company. 

About PennyStockChaser.com 

PennyStockChaser.com is an independent electronic publication that provides
information on selected publicly traded companies. PennyStockChaser.com is not a
registered investment advisor or broker-dealer. PennyStockChaser.com's
affiliates, officers, 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 do your own Due Diligence before investing in any of the stocks mentioned
above. 

Michael Scott Jacobs, CFA, of PennyStockChaser.com is a member of the National
Association of Securities Dealers, CRD number 1818665. 





PennyStockChaser.com
Mike Schonberg, 1-866-469-8524
Email:editorial@pennystockchaser.com
http://www.pennystockchaser.com/

Copyright Business Wire 2009

 

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