San Diego, CA 8/7/2009 10:21:14 PM
Analysis Issued for OCNF, CTIC, DPTR, YRCW
Why were OceanFreight, Cell Therapeutics, Delta Petroleum, and YRC Worldwide were heavily accumulated on Thursday?
The Small Cap Network (smallcapnetwork.com), a leading online investment community focused on small cap stocks, has issued an analysis of OceanFreight, Inc. (OCNF), Cell Therapeutics, Inc. (CTIC), Delta Petroleum Corp. (DPTR), and YRC Worldwide Inc. (YRCW). Though each of these stocks lost ground on a closing basis Thursday, each of them also exhibited heavy accumulation (buying) while they were at or near their lows for the day. The analysis reviews what those traders may have been attracted to for each of these stocks.
Investors can receive complete access to the analysis along with all other trading commentary and market trend analysis free by going to: www.smallcapnetwork.com/t/.
With each priced under $5.00, shares of OceanFreight, Cell Therapeutics, Delta Petroleum, and YRC Worldwide present compelling investment opportunities. On the other hand, these stocks are priced under $5.00 for a reason. Investors are currently trying to determine if their futures look more promising than their pasts.
For instance, OceanFreight, Inc. (OCNF) lost money last quarter on a GAAP basis, but strong results from a competitor suggests the shipping industry is rebounding. Cell Therapeutics, Inc. (CTIC) has no revenue bearing product right now, but its Pixantrone drug could be approved by the FDA as early as the fourth quarter. Revenue for Delta Petroleum Corp. (DPTR) was down 72% in the last quarter, but mostly because the price of gas and oil were sharply lower. Higher gas and oil prices could improve the top line. Shipping and trucking company YRC Worldwide Inc. (YRCW) has suffered tremendously as demand for its services has dried up. Yet, there seems to be no end in sight for the industry's weakness.
Investors and traders are invited to subscribe to the free Small Cap Network Newsletter, which offers other trading ideas and insights at: www.smallcapnetwork.com/t/.
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The Small Cap Network web site and free newsletter offer in-depth fundamental research and technical trading recommendations on select companies within the global equity markets, including small cap stocks, micro cap stocks, bulletin board stocks, and other actively traded stocks.
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Source: Small Cap Network
http://community.smallcapnetwork.com/article/view/p/mid/2/id/76/
