Penny Stock Chaser Announces Investment Opinion on American International Group, Bank of America Corp., CytRx Corp., Tower Semiconductor Ltd., Precision Petroleum Corp.,

NEWARK, Del.--(Business Wire)--
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 is watching the following stocks: American International Group
(NYSE:AIG), Bank of America Corp. (NYSE:BAC), CytRx Corp. (NASDAQ:CYTR), Tower
Semiconductor Ltd. (NASDAQ:TSEM), Precision Petroleum Corp. (OTCBB:PPTO)

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The following stocks are expected to go higher:

American International Group (NYSE:AIG) shares surged 24% to $14.62. This stock
has been one of the hottest stocks over the last two trading days after falling
from $18.00 on July 1st 2009 to $8 last Thursday.

Bank of America Corp. (NYSE:BAC) surged 9% trading at $13.00 after analyst
Meredith Whitney said BAC is among the cheapest bank stock and forecast bank may
advance 15 percent. The nation`s largest banks are scheduled to report
second-quarter results this week.

CytRx Corp. (NASDAQ:CYTR) jumped 11% to $1.07 after CytRx announcing a positive
animal study for INNO-206 in breast cancer. CytRx Corp. is a biopharmaceutical
research and development company that is engaging in development of high-value
human therapeutics.

Tower Semiconductor Ltd. (NASDAQ:TSEM) shares moved up 11%, trading at 11% after
3PEAKIC Microelectronics Inc. and Tower Semiconductor, Ltd. announcing Tower to
manufacture 3PEAKIC's energy saving light emitting diode (LED) driver ICs used
for backlight LED panels in handheld devices

Precision Petroleum Corp. (OTCBB:PPTO), an energy company engaged in the
acquisition, exploration and development of oil and natural gas properties in
North America, saw its shares jumped 13% to close at $0.58 as the Company
announced to acquire 100% working interest of 4 producing Bartlesville Sandstone
wells, Nowata County, Oklahoma.

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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
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