Stock Alert on Thursday`s Most Active Stocks (MON, ZIOP, FRE, BAC)

Monsanto Plunges after Earnings Forecast

Shares of Monsanto Company (NYSE:MON) plunged 7.84% to $48.53. The company said it now expects fiscal-year 2010 earnings per share to be $2.40 to $2.60 on an ongoing basis, and $2.15 to $2.41 on an as-reported basis. Earlier this month, the company said its 2010 profit per share would be at the low end of a range of $3.10 to $3.30. The company's agricultural products segment, which includes its Roundup business, saw a 35 percent drop in second-quarter net sales to $642 million from a year earlier.

Subscribe to daily free stock newsletter by visiting:  http://www.PennyStockPickReport.com

So far this year, the worldwide provider of agricultural products fell more than 39%.

ZIOPHARM Falls Sharply on Equity Offering

ZIOPHARM Oncology Inc. (NASDAQ:ZIOP) slumped 10.75% to $4.98 on unusual volumes. Yesterday, after the market hours, the company announced the pricing of an underwritten public offering of 7,000,000 shares of its common stock at a price to the public of $5.00 per share. The net proceeds from the sale of the shares, after underwriting discounts and commissions and estimated offering expenses, are expected to be approximately $32.8 million.

In the past one year of trading sessions, the stock went up more than 315% so far.

Freddie Mac sells $6 billion 2-year reference notes

Freddie Mac (NYSE:FRE) is trading up 2.56% to $1.20. Freddie Mac, the No. 2 U.S. home funding company, sold $6.0 billion of two-year reference notes.

Subscribe to daily free stock newsletter by visiting:  http://www.PennyStockPickReport.com

Today, the company said that the 30-year fixed-rate mortgage average fell to 4.78% with an average 0.7 point for the week ending May 27, the lowest since Dec. 3, 2009 when it averaged 4.71%. In the previous period, the average was 4.84%, and the year-ago average was 4.91%.

So far this year, the stock is down more than 15%.

Bank of America Corporation Jumps over 2%

Bank of America Corporation (NYSE:BAC) jumped 2.33% to $15.83 after 41.73 million shares have been traded on the counter. The Wall Street Journal reported that Bank of America Corporation and Citigroup Inc. incorrectly hid from investors billions of dollars of their debt, similar to what Lehman Brothers Holdings Inc. did to obscure its level of risk, company documents show.

So far, in the last one year of trading sessions the stock went up more than 44% and has jumped over 51% from its 52-week low of $10.57.

About http://www.PennyStockPickReport.com

Penny Stock Pick Report offers stock newsletter on OTC, PINKSHEETS ,OTCBB, AMEX, NASDAQ and NYSE stock exchange. Our subscribers receive daily up to date stock information on hot stocks, most active movers, top gainers, penny stocks and much more. If you wish to feature your organization on our website then you can contact us at the email given below.