PennyTrader.com Presents Today’s Midday Stock Report: OTOW, XDSL, EWRL, MRGE
Stocks took a dive lower in response to news that the Supreme Court has voted to uphold the constitutionality of President Obama’s Health Care Law. The news has weighed heavily on the Health Care sector, which is now at a session low with a 1.4% loss. Only Tech, down 1.6%, is in worse shape.
OTOW - Trade Alert
Up 80% in morning trading to $.0018 with 40M shares traded.
O2 Secure Wireless is a Company that is currently developing numerous wireless tower facilities in the U.S. The Company is also instrumental in the development of wireless broadband communication services domestically. Under a recent merger with Earthcom Service Inc., the Company is currently being structured to provide affordable flat rate pre-paid wireless services in developing countries internationally. O2 Secure Wireless, Inc. (OTOW) opens retail store and announces staffed call center for growth.
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XDSL – News Alert
Up 12.50% following news about the company developing launch strategy for new product.
mPhase Technologies is introducing a revolutionary Smart Surface technology enabled by breakthroughs in nanotechnology, MEMS processing and microfluidics. Their Smart Surface technology has potential applications within drug delivery systems, lab-on-a-chip analytic systems, self-cleaning systems, liquid and chemical sensor systems, and filtration systems. mPhase has pioneered its first Smart Surface enabled product, the mPhase Smart NanoBattery. In addition to the Smart Surface technology, mPhase recently introduced its first product, the mPower Emergency Illuminator, an award-winning product designed by Porsche Design Studio and sold via the mPower website. mPhase Technologies, Inc. (XDSL) said today that it is developing its launch strategy for its new automotive and marine product with an experienced marketing agency and launch firm. The product featuring advanced battery technology has been developed in cooperation with a world-renowned automotive company known for its timeless and unmistakable design capabilities.
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EWRL – News Alert
Up 36.96% in morning trading to $.63 with 1.5M shares traded
Green Energy Renewable Solutions is a developer and operator of municipal solid waste and construction and demolition waste processing and recycling facilities. The Company operates with long-term supply agreements to process waste materials into valuable recyclables and reduce waste volume going into landfills by up to 85%. Green Energy Renewable Solutions has developed a strategic plan to create sustainable renewable energy with waste-to-energy power plants and the production of waste derived fuels. Green Energy Renewable Solutions, Inc. (EWRL) yesterday announced that its Board of Directors has approved a one share for one share stock dividend of the Company’s common stock. Each shareholder of record at the close of business on June 29, 2012 will receive one additional share for every outstanding share held on the record date.
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MRGE – News Alert
Up 12.24% in morning trading to $2.75 with 400K shares traded
Merge is a leading provider of clinical systems and innovations that seek to transform healthcare. Merge’s enterprise and cloud-based solutions for image intensive specialties provide access to any image, anywhere, any time. Merge also provides health stations, clinical trials software and other health data and analytics solutions that engage consumers in their personal health. Merge Healthcare Incorporated (Nasdaq:MRGE) today announced that Centracare Health System’s St. Cloud Hospital, the largest healthcare provider in the St. Cloud, MN region, has selected Merge PACS™ to enable its radiologists to read, review, archive and share images and data.
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