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Making Cents in Penny Stocks (The Motley Fool) Low-priced stocks are usually cheap for a reason, but they might also present overlooked opportunities. Investors shun stocks, help send oil up by $6 (El Paso Times) NEW YORK -- Oil prices shot up $6 a barrel Wednesday, rebounding as fears of a spreading crisis in the U.S. financial sector sent skittish investors scrambling out of stocks and into hard assets. SEC Charges 5 Stock Promoters In Separate Kickback Schemes (Nasdaq) NEW YORK -(Dow Jones)- The U.S. Securities and Exchange Commission filed civil charges Thursday against five stock promoters in two separate kickback schemes designed to manipulate the penny stocks of two Nevada mineral exploration companies. SEC accuses Boca man of penny stock violations (Miami Herald) The Securities and Exchange Commission on Friday filed a lawsuit against a Boca Raton man alleging he violated a SEC administrative order that bars him from selling penny stocks. Stocks plummet after retail, unemployment data (The Daily American) NEW YORK ? Dejected investors sent stocks plunging Thursday, hurtling the Dow Jones industrials down more than 340 points after retailers and the government added to a mountain of bad economic news and devastated hopes for a late-year recovery. Average investor can't profit from deals on Fannie, Freddie (Seattle Post-Intelligencer) IF YOU'RE THINKING the stocks of Fannie Mae and Freddie Mac are bargains that may regain their highs of the glory days -- be very careful. You may not win this bet. PowerRatings Weekly Recap: LEH, AIG, HRL, SNDK, (TradingMarkets.com via Yahoo! Finance) This week saw massive bank failures and acquisitions, the government buyout of one of the world's largest insurers, and the most volatile stock market action in decades. Here are the stocks we've profile this week, including some with solid Long Term PowerRatings to give you some positive guidance. Pending loans boost stocks (Detroit News) As optimism grew on Wall Street that $25 billion in low-cost loans for the auto industry would be funded following the federal government's decision to bail out the banking industry, parts suppliers hit Capitol Hill hard pushing legislators in that direction. Be a Penny Stock Millionaire! (The Motley Fool) The story of Wal-Mart's rise from a $21.5 million capitalization. Canadian stocks bounce back after rocky week (Canada.com) Canadian stocks topped off a rocky week with a stellar finale, a broad-based 848-point rebound driven by optimism that a plan from American regulators will stem the bleeding from the global credit crisis. |
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