San Diego, CA 6/29/2009 9:38:31 PM
Analysis, Outlook for WAVE, ODP, PHMB Issued
NextWave Wireless, Office Depot, and PharmaCom BioVet were last week
An analysis of PharmaCom BioVet, Inc. (PHMB), Office Depot, Inc. (ODP), and NextWave Wireless, Inc. (WAVE) has been made available at the Small Cap Network website. These three stocks were among last week's biggest movers and most most actively-traded stocks, though the reason for the activity may or may not have been merited.
The small cap stock-trading website publicizes its daily stock and market analysis through its website, and delivers highlights of those comments 2 to 3 times per week through a newsletter. To register for the publication, go to: www.smallcapnetwork.com/t/.
NextWave Wireless shares were rumored to be up early last week due to short covering, though there's no clear evidence of that pressure. Also, the reason for the sudden pullback late last week may be short-lived. Office Depot shares rallied on hopes that a dilutive financing may be more beneficial to investors in the long run than the short-term downside. PharmaCom BioVet did not make a lot of progress in terms of a net gain, but this pink sheet stock has exhibited encouraging tendencies with its daily chart. However, the reason for the interest may be more hype-based than substantive.
A deeper analysis of the gains and recent activity from each stock can be accessed using the link below. Charts of each stock are also provided.
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Source: Small Cap Network
http://community.smallcapnetwork.com/Last-Weeks-Most-Purchased-Penny-Stocks-WAVE-ODP-PHMB/s/article/view/p/mid/2/id/37/
