MPET Has A Good Feb

MPET Chart

MPET Has continued in a powerful uptrend since late January where the stock had a 52 week low of .85 before rebounding. A look at the 6 month chart reveals that Magellan Petroleum Corporation is running into resistance at the $1.20 level. MPET will have to break through and hold $1.20 before going on to reach previous highs from earlier in 2007. 1000 Penny Stocks will keep MPET on our Nasdaq Penny Stock List and monitor the stock progress over the coming days and weeks.

LOCM Extends Month Long Gain

LOCM Chart

LOCM is continuing it's month long upward trend as it test the $5 mark in an effort to regain late December highs. January saw LOCM fall and touch the 52 week low of $2.77 before recovering and begin a slow climb over the last month back to the $5 area. Local.com Corp. has a scheduled earnings call Wed, Feb 20, 2008, 5:00 pm Eastern. If LOCM maintains a share price above $5, 1000 Penny Stocks will pull LOCM from it's Nasdaq Penny Stock List.

ICAD Consolidation

ICAD Chart

ICAD appears to be consolidating after a recent uptrend that began in early January after the stock bounced off support in the $1.70 area. iCAD, Inc. opened this morning at $2.57 reaching an intraday high so far in the session of $2.72 on very light volume. ICAD is scheduled to release 4th quarter earnings for 2007 on Thursday, March 6 before the bell. A conference call is also scheduled at 10 A.M. to discuss company earnings.

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AERT Breakout?

AERT Chart

AERT is on our NASDAQ penny stock list today showing a potential breakout and extending it's upward trend since late January. Advanced Environmental Recycling Technologies, Inc. opened this morning at 1.01 and has printed an intraday high of $1.12 on light volume.

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